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Codexis Inc (NASDAQ: CDXS) closed the day trading at $2.11 down -0.47% from the previous closing price of $2.12. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 0.56 million shares were traded. CDXS stock price reached its highest trading level at $2.19 during the session, while it also had its lowest trading level at $2.05.
Ratios:
For a better understanding of CDXS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.10 and its Current Ratio is at 4.18. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.85.
On May 30, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.Cantor Fitzgerald initiated its Overweight rating on May 30, 2024, with a $11 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 16 ’25 when Opaleye Management Inc. bought 70,000 shares for $2.13 per share. The transaction valued at 148,890 led to the insider holds 9,560,000 shares of the business.
Opaleye Management Inc. bought 45,000 shares of CDXS for $94,162 on Apr 17 ’25. The 10% Owner now owns 9,605,000 shares after completing the transaction at $2.09 per share. On Apr 15 ’25, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 25,000 shares for $2.23 each. As a result, the insider paid 55,720 and bolstered with 9,490,000 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, CDXS now has a Market Capitalization of 175615088 and an Enterprise Value of 161223728. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.95 while its Price-to-Book (P/B) ratio in mrq is 2.58. Its current Enterprise Value per Revenue stands at 2.717 whereas that against EBITDA is -3.019.
Stock Price History:
The Beta on a monthly basis for CDXS is 2.57, which has changed by -0.25441694 over the last 52 weeks, in comparison to a change of 0.0635103 over the same period for the S&P500. Over the past 52 weeks, CDXS has reached a high of $6.08, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is -30.96%, while the 200-Day Moving Average is calculated to be -41.40%.
Shares Statistics:
Over the past 3-months, CDXS traded about 921.07K shares per day on average, while over the past 10 days, CDXS traded about 885120 shares per day. A total of 81.85M shares are outstanding, with a floating share count of 80.50M. Insiders hold about 2.83% of the company’s shares, while institutions hold 79.34% stake in the company. Shares short for CDXS as of 1743379200 were 5106915 with a Short Ratio of 5.54, compared to 1740700800 on 3028649. Therefore, it implies a Short% of Shares Outstanding of 5106915 and a Short% of Float of 6.88.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
