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After finishing at $0.10 in the prior trading day, Conduit Pharmaceuticals Inc (NASDAQ: CDT) closed at $0.10, up 0.51%. In other words, the price has increased by $0.51 from its previous closing price. On the day, 10.81 million shares were traded. CDT stock price reached its highest trading level at $0.1062 during the session, while it also had its lowest trading level at $0.097.
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 0.56 and its Current Ratio is at 0.56.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 01 ’24 when Nirland Ltd sold 1,250,000 shares for $0.11 per share. The transaction valued at 141,375 led to the insider holds 10,233,177 shares of the business.
Nirland Ltd sold 1,016,823 shares of CDT for $122,019 on Sep 30 ’24. The 10% Owner now owns 11,483,177 shares after completing the transaction at $0.12 per share. On Oct 02 ’24, another insider, Nirland Ltd, who serves as the 10% Owner of the company, sold 333,177 shares for $0.10 each. As a result, the insider received 34,251 and left with 9,900,000 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 9504466 and an Enterprise Value of 10339465.
Stock Price History:
Over the past 52 weeks, CDT has reached a high of $8.75, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -35.35%, while the 200-Day Moving Average is calculated to be -95.41%.
Shares Statistics:
The stock has traded on average 13.82M shares per day over the past 3-months and 7614880 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 41.69M. Insiders hold about 59.28% of the company’s shares, while institutions hold 3.09% stake in the company. Shares short for CDT as of 1726185600 were 1071204 with a Short Ratio of 0.08, compared to 1723680000 on 6813303.
