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As of close of business last night, Codexis Inc’s stock clocked out at $2.51, up 1.62% from its previous closing price of $2.47. In other words, the price has increased by $1.62 from its previous closing price. On the day, 1.6 million shares were traded.
Ratios:
To gain a deeper understanding of CDXS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.72. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.14.
On May 30, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.Cantor Fitzgerald initiated its Overweight rating on May 30, 2024, with a $11 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 30 ’25 when Opaleye Management Inc. bought 25,000 shares for $2.31 per share. The transaction valued at 57,660 led to the insider holds 9,655,000 shares of the business.
Opaleye Management Inc. bought 20,000 shares of CDXS for $46,436 on May 01 ’25. The 10% Owner now owns 9,675,000 shares after completing the transaction at $2.32 per share. On Apr 25 ’25, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 25,000 shares for $2.24 each. As a result, the insider paid 55,915 and bolstered with 9,630,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.17 while its Price-to-Book (P/B) ratio in mrq is 4.19.
Stock Price History:
Over the past 52 weeks, CDXS has reached a high of $6.08, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is 1.25%, while the 200-Day Moving Average is calculated to be -28.50%.
Shares Statistics:
A total of 82.84M shares are outstanding, with a floating share count of 80.50M. Insiders hold about 2.83% of the company’s shares, while institutions hold 82.20% stake in the company.