Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Codexis Inc (NASDAQ: CDXS) closed the day trading at $4.12 down -0.48% from the previous closing price of $4.14. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 0.63 million shares were traded. CDXS stock price reached its highest trading level at $4.135 during the session, while it also had its lowest trading level at $3.97.
Ratios:
For a better understanding of CDXS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.15 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.51.
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 Feb 10 ’25 when Opaleye Management Inc. bought 22,500 shares for $4.18 per share. The transaction valued at 94,149 led to the insider holds 8,677,500 shares of the business.
Opaleye Management Inc. bought 15,000 shares of CDXS for $59,932 on Feb 12 ’25. The 10% Owner now owns 8,705,000 shares after completing the transaction at $4.00 per share. On Feb 11 ’25, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 12,500 shares for $4.11 each. As a result, the insider paid 51,400 and bolstered with 8,690,000 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 335276960 and an Enterprise Value of 286867776. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.20 while its Price-to-Book (P/B) ratio in mrq is 4.57. Its current Enterprise Value per Revenue stands at 4.451 whereas that against EBITDA is -6.266.
Stock Price History:
The Beta on a monthly basis for CDXS is 2.08, which has changed by 0.2777778 over the last 52 weeks, in comparison to a change of 0.20652604 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 $2.56. The 50-Day Moving Average of the stock is -15.10%, while the 200-Day Moving Average is calculated to be 11.86%.
Shares Statistics:
Over the past 3-months, CDXS traded about 718.77K shares per day on average, while over the past 10 days, CDXS traded about 541780 shares per day. A total of 81.38M shares are outstanding, with a floating share count of 79.09M. Insiders hold about 2.81% of the company’s shares, while institutions hold 78.33% stake in the company. Shares short for CDXS as of 1738281600 were 2955672 with a Short Ratio of 4.11, compared to 1735603200 on 2294664. Therefore, it implies a Short% of Shares Outstanding of 2955672 and a Short% of Float of 4.0599998.
