Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Caredx Inc (NASDAQ: CDNA) closed at $16.56 down -5.69% from its previous closing price of $17.56. In other words, the price has decreased by -$5.69 from its previous closing price. On the day, 0.83 million shares were traded.
Ratios:
For a deeper understanding of Caredx Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.76. For the most recent quarter (mrq), Quick Ratio is recorded 3.84 and its Current Ratio is at 4.11. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
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 the company, Wells Fargo on January 15, 2025, Upgraded its rating to Equal Weight and sets its target price to $24 from $28 previously.
On August 28, 2024, Wells Fargo started tracking the stock assigning a Underweight rating and target price of $28.
BTIG Research Upgraded its Neutral to Buy on August 19, 2024, while the target price for the stock was maintained at $40.
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 May 28 ’25 when HAGSTROM WILLIAM A bought 30,000 shares for $17.63 per share.
COURNOYER CHRISTINE sold 29,136 shares of CDNA for $465,022 on May 12 ’25. The Director now owns 37,045 shares after completing the transaction at $15.96 per share. On May 12 ’25, another insider, COURNOYER CHRISTINE, who serves as the Director of the company, bought 29,136 shares for $15.96 each.
Valuation Measures:
As of this moment, Caredx’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.37, and their Forward P/E ratio for the next fiscal year is 100.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 2.42.
Stock Price History:
Over the past 52 weeks, CDNA has reached a high of $34.84, while it has fallen to a 52-week low of $12.90. The 50-Day Moving Average of the stock is -5.06%, while the 200-Day Moving Average is calculated to be -27.90%.
Shares Statistics:
A total of 55.46M shares are outstanding, with a floating share count of 52.00M. Insiders hold about 6.62% of the company’s shares, while institutions hold 101.21% stake in the company.
