Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Codexis Inc (NASDAQ: CDXS) closed at $2.51 in the last session, up 0.40% from day before closing price of $2.5. In other words, the price has increased by $0.40 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
We take a closer look at CDXS’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 12 ’25 when Opaleye Management Inc. bought 100,000 shares for $2.25 per share. The transaction valued at 225,000 led to the insider holds 12,100,000 shares of the business.
Opaleye Management Inc. bought 99,102 shares of CDXS for $220,997 on Jun 13 ’25. The 10% Owner now owns 12,199,102 shares after completing the transaction at $2.23 per share. On Jun 16 ’25, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 50,898 shares for $2.24 each. As a result, the insider paid 114,012 and bolstered with 12,250,000 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 6.64%, while the 200-Day Moving Average is calculated to be -26.61%.
Shares Statistics:
A total of 82.84M shares are outstanding, with a floating share count of 80.17M. Insiders hold about 3.23% of the company’s shares, while institutions hold 83.15% stake in the company.
