The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Cardlytics Inc’s stock clocked out at $3.81, up 2.14% from its previous closing price of $3.73. In other words, the price has increased by $2.14 from its previous closing price. On the day, 1.08 million shares were traded. CDLX stock price reached its highest trading level at $3.83 during the session, while it also had its lowest trading level at $3.55.
Ratios:
To gain a deeper understanding of CDLX’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 03 ’25 when Gupta Amit bought 5,964 shares for $3.67 per share.
DeSieno Alexis bought 8,854 shares of CDLX for $32,468 on Jan 03 ’25. On Jan 03 ’25, another insider, Lynton Nicholas Hollmeyer, who serves as the Officer of the company, bought 6,464 shares for $3.67 each.
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 193633344 and an Enterprise Value of 348590496. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 2.75. Its current Enterprise Value per Revenue stands at 1.188 whereas that against EBITDA is -9.523.
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 -2.90%, while the 200-Day Moving Average is calculated to be -45.50%.
Shares Statistics:
It appears that CDLX traded 775.81K shares on average per day over the past three months and 837120 shares per day over the past ten days. A total of 50.34M shares are outstanding, with a floating share count of 48.45M. Insiders hold about 4.66% of the company’s shares, while institutions hold 60.97% stake in the company. Shares short for CDLX as of 1734048000 were 7057103 with a Short Ratio of 9.10, compared to 1731628800 on 7194723. Therefore, it implies a Short% of Shares Outstanding of 7057103 and a Short% of Float of 16.610001.
