In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Conduit Pharmaceuticals Inc (NASDAQ: CDT) closed at $2.42 down -17.12% from its previous closing price of $2.92. In other words, the price has decreased by -$17.12 from its previous closing price. On the day, 0.9 million shares were traded. CDT stock price reached its highest trading level at $2.62 during the session, while it also had its lowest trading level at $2.38.
Ratios:
For a deeper understanding of Conduit Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 Oct 03 ’24 when Nirland Ltd sold 1,500,000 shares for $0.10 per share. The transaction valued at 156,450 led to the insider holds 8,400,000 shares of the business.
Nirland Ltd sold 1,368,991 shares of CDT for $140,458 on Oct 04 ’24. The 10% Owner now owns 7,031,009 shares after completing the transaction at $0.10 per share. On Oct 07 ’24, another insider, Nirland Ltd, who serves as the 10% Owner of the company, sold 939,009 shares for $0.10 each. As a result, the insider received 96,530 and left with 6,092,000 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 2304394 and an Enterprise Value of 2937909.
Stock Price History:
The Beta on a monthly basis for CDT is 1.95, which has changed by -0.99614036 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, CDT has reached a high of $1194.15, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is -45.52%, while the 200-Day Moving Average is calculated to be -96.59%.
Shares Statistics:
For the past three months, CDT has traded an average of 416.50K shares per day and 552140 over the past ten days. A total of 0.76M shares are outstanding, with a floating share count of 0.74M. Insiders hold about 1.46% of the company’s shares, while institutions hold 4.54% stake in the company. Shares short for CDT as of 1749772800 were 102635 with a Short Ratio of 0.25, compared to 1747267200 on 51021. Therefore, it implies a Short% of Shares Outstanding of 102635 and a Short% of Float of 12.839999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
