The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Cidara Therapeutics Inc (NASDAQ: CDTX) closed at $63.55 in the last session, up 0.47% from day before closing price of $63.25. In other words, the price has increased by $0.47 from its previous closing price. On the day, 0.81 million shares were traded. CDTX stock price reached its highest trading level at $65.46 during the session, while it also had its lowest trading level at $60.85.
Ratios:
We take a closer look at CDTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 16.45 and its Current Ratio is at 16.45. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 12, 2025, Citizens JMP started tracking the stock assigning a Mkt Outperform rating and target price of $46.
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 26 ’25 when RA CAPITAL MANAGEMENT, L.P. bought 2,272,727 shares for $44.00 per share. The transaction valued at 99,999,988 led to the insider holds 3,365,523 shares of the business.
Mineo Chrysa bought 2,270 shares of CDTX for $49,281 on Jun 02 ’25. The Director now owns 2,270 shares after completing the transaction at $21.71 per share. On Jun 03 ’25, another insider, Mineo Chrysa, who serves as the Director of the company, bought 1,050 shares for $23.44 each. As a result, the insider paid 24,614 and bolstered with 3,320 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, CDTX now has a Market Capitalization of 1611507200 and an Enterprise Value of 1095654784.
Stock Price History:
The Beta on a monthly basis for CDTX is 1.29, which has changed by 3.9687257 over the last 52 weeks, in comparison to a change of 0.16461086 over the same period for the S&P500. Over the past 52 weeks, CDTX has reached a high of $66.94, while it has fallen to a 52-week low of $10.14. The 50-Day Moving Average of the stock is 31.00%, while the 200-Day Moving Average is calculated to be 130.22%.
Shares Statistics:
According to the various share statistics, CDTX traded on average about 717.37K shares per day over the past 3-months and 433290 shares per day over the past 10 days. A total of 23.23M shares are outstanding, with a floating share count of 20.03M. Insiders hold about 21.00% of the company’s shares, while institutions hold 59.64% stake in the company. Shares short for CDTX as of 1753920000 were 2186856 with a Short Ratio of 3.05, compared to 1751241600 on 1609237. Therefore, it implies a Short% of Shares Outstanding of 2186856 and a Short% of Float of 9.42.
