Balance Sheet Breakdown: Conduit Pharmaceuticals Inc (CDT)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $0.26 in the prior trading day, Conduit Pharmaceuticals Inc (NASDAQ: CDT) closed at $0.24, down -8.16%. In other words, the price has decreased by -$8.16 from its previous closing price. On the day, 2.13 million shares were traded. CDT stock price reached its highest trading level at $0.2736 during the session, while it also had its lowest trading level at $0.2418.

Ratios:

Our goal is to gain a better understanding of CDT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 1.59.

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 19223706 and an Enterprise Value of 17317748.

Stock Price History:

Over the past 52 weeks, CDT has reached a high of $25.00, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -86.00%, while the 200-Day Moving Average is calculated to be -91.20%.

Shares Statistics:

The stock has traded on average 2.77M shares per day over the past 3-months and 16269660 shares per day over the last 10 days, according to various share statistics. A total of 73.83M shares are outstanding, with a floating share count of 10.34M. Insiders hold about 86.00% of the company’s shares, while institutions hold 2.18% stake in the company. Shares short for CDT as of 1721001600 were 619405 with a Short Ratio of 0.22, compared to 1718323200 on 56774.

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