Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Conduit Pharmaceuticals Inc’s stock clocked out at $357.45K, up 628609% from its previous closing price of $2.37. In other words, the price has increased by $628609 from its previous closing price. On the day, 0.63 million shares were traded. CDT stock price reached its highest trading level at $2.4324 during the session, while it also had its lowest trading level at $2.29.
Ratios:
To gain a deeper understanding of CDT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 Oct 03 ’24 when Nirland Ltd sold 1,500,000 shares for $0.10 per share. The transaction valued at 156,450 led to the insider holds 8,400,000 shares of the business.
Nirland Ltd sold 1,368,991 shares of CDT for $140,458 on Oct 04 ’24. The 10% Owner now owns 7,031,009 shares after completing the transaction at $0.10 per share. On Oct 07 ’24, another insider, Nirland Ltd, who serves as the 10% Owner of the company, sold 939,009 shares for $0.10 each. As a result, the insider received 96,530 and left with 6,092,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CDT now has a Market Capitalization of 2190126 and an Enterprise Value of 2571091.
Stock Price History:
The Beta on a monthly basis for CDT is 1.99, which has changed by -0.99894255 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, CDT has reached a high of $2707.50, while it has fallen to a 52-week low of $2.23. The 50-Day Moving Average of the stock is -62.63%, while the 200-Day Moving Average is calculated to be -97.14%.
Shares Statistics:
It appears that CDT traded 357.45K shares on average per day over the past three months and 206080 shares per day over the past ten days. A total of 0.76M shares are outstanding, with a floating share count of 0.74M. Insiders hold about 1.46% of the company’s shares, while institutions hold 4.54% stake in the company. Shares short for CDT as of 1748563200 were 55709 with a Short Ratio of 0.16, compared to 1745971200 on 56070. Therefore, it implies a Short% of Shares Outstanding of 55709 and a Short% of Float of 8.649999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
