Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Cardlytics Inc (NASDAQ: CDLX) was $3.44 for the day, down -11.79% from the previous closing price of $3.90. In other words, the price has decreased by -$11.79 from its previous closing price. On the day, 0.98 million shares were traded. CDLX stock price reached its highest trading level at $3.9 during the session, while it also had its lowest trading level at $3.44.
Ratios:
Our analysis of CDLX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 3.18 whereas as Long-Term Debt/Eq ratio is at 2.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on October 11, 2024, initiated with a In-line rating and assigned the stock a target price of $4.
On August 16, 2024, Northland Capital Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $5.
BofA Securities Downgraded its Neutral to Underperform on August 15, 2024, whereas the target price for the stock was revised from $4 to $3.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 24 ’25 when Gupta Amit sold 15,160 shares for $3.92 per share. The transaction valued at 59,427 led to the insider holds 215,494 shares of the business.
Gupta Amit bought 15,160 shares of CDLX for $59,415 on Jan 24 ’25. On Jan 03 ’25, another insider, DeSieno Alexis, who serves as the Chief Financial Officer of the company, sold 8,854 shares for $3.67 each. As a result, the insider received 32,468 and left with 121,976 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, CDLX now has a Market Capitalization of 174829056 and an Enterprise Value of 329786208. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 1.124 whereas that against EBITDA is -9.01.
Stock Price History:
The Beta on a monthly basis for CDLX is 1.57, which has changed by -0.48952878 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, CDLX has reached a high of $20.52, while it has fallen to a 52-week low of $2.76. The 50-Day Moving Average of the stock is -5.98%, while the 200-Day Moving Average is calculated to be -44.03%.
Shares Statistics:
CDLX traded an average of 894.81K shares per day over the past three months and 1059730 shares per day over the past ten days. A total of 50.34M shares are outstanding, with a floating share count of 48.43M. Insiders hold about 4.72% of the company’s shares, while institutions hold 59.39% stake in the company. Shares short for CDLX as of 1736899200 were 7861423 with a Short Ratio of 8.79, compared to 1734048000 on 7057103. Therefore, it implies a Short% of Shares Outstanding of 7861423 and a Short% of Float of 18.5.
