Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Cardlytics Inc (NASDAQ: CDLX) closed at $3.13 down -6.57% from its previous closing price of $3.35. In other words, the price has decreased by -$6.57 from its previous closing price. On the day, 0.95 million shares were traded. CDLX stock price reached its highest trading level at $3.29 during the session, while it also had its lowest trading level at $3.07.
Ratios:
For a deeper understanding of Cardlytics Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 03 ’25 when DeSieno Alexis sold 8,854 shares for $3.67 per share. The transaction valued at 32,468 led to the insider holds 121,976 shares of the business.
Lynton Nicholas Hollmeyer sold 6,464 shares of CDLX for $23,703 on Jan 03 ’25. The Chief Legal & Privacy Officer now owns 91,771 shares after completing the transaction at $3.67 per share. On Jan 03 ’25, another insider, Gupta Amit, who serves as the Chief Executive Officer of the company, sold 5,964 shares for $3.67 each. As a result, the insider received 21,870 and left with 186,904 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 159074112 and an Enterprise Value of 314031232. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 1.07 whereas that against EBITDA is -8.579.
Stock Price History:
The Beta on a monthly basis for CDLX is 1.57, which has changed by -0.5235921 over the last 52 weeks, in comparison to a change of 0.22263205 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 $2.89. The 50-Day Moving Average of the stock is -19.36%, while the 200-Day Moving Average is calculated to be -53.45%.
Shares Statistics:
For the past three months, CDLX has traded an average of 813.02K shares per day and 1011130 over the past ten days. A total of 50.34M shares are outstanding, with a floating share count of 48.43M. Insiders hold about 4.66% of the company’s shares, while institutions hold 59.49% stake in the company. Shares short for CDLX as of 1734048000 were 7057103 with a Short Ratio of 9.09, compared to 1731628800 on 7194723. Therefore, it implies a Short% of Shares Outstanding of 7057103 and a Short% of Float of 16.610001.
