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The price of Cardlytics Inc (NASDAQ: CDLX) closed at $3.29 in the last session, up 7.52% from day before closing price of $3.06. In other words, the price has increased by $7.52 from its previous closing price. On the day, 0.9 million shares were traded. CDLX stock price reached its highest trading level at $3.35 during the session, while it also had its lowest trading level at $3.09.
Ratios:
We take a closer look at CDLX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 1.05.
On August 15, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $4 to $3.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 02 ’24 when DeSieno Alexis sold 7,487 shares for $3.08 per share. The transaction valued at 23,097 led to the insider holds 97,849 shares of the business.
Lynton Nicholas Hollmeyer sold 5,936 shares of CDLX for $18,313 on Oct 02 ’24. The Chief Legal & Privacy Officer now owns 85,445 shares after completing the transaction at $3.08 per share. On Oct 02 ’24, another insider, Gupta Amit, who serves as the Chief Executive Officer of the company, sold 7,543 shares for $3.08 each. As a result, the insider received 23,270 and left with 157,376 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 163973920 and an Enterprise Value of 314720928. 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 0.77. Its current Enterprise Value per Revenue stands at 1.03 whereas that against EBITDA is -9.529.
Stock Price History:
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 -25.87%, while the 200-Day Moving Average is calculated to be -59.93%.
Shares Statistics:
According to the various share statistics, CDLX traded on average about 1.17M shares per day over the past 3-months and 697330 shares per day over the past 10 days. A total of 49.84M shares are outstanding, with a floating share count of 47.38M. Insiders hold about 4.90% of the company’s shares, while institutions hold 68.58% stake in the company. Shares short for CDLX as of 1726185600 were 8260323 with a Short Ratio of 7.08, compared to 1723680000 on 8618178. Therefore, it implies a Short% of Shares Outstanding of 8260323 and a Short% of Float of 19.900000000000002.
