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In the latest session, Conduit Pharmaceuticals Inc (NASDAQ: CDT) closed at $0.13 down -2.64% from its previous closing price of $0.13. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 1.14 million shares were traded. CDT stock price reached its highest trading level at $0.1283 during the session, while it also had its lowest trading level at $0.125.
Ratios:
For a deeper understanding of Conduit Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.56.
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 Jul 16 ’24 when Regan Andrew sold 10,244,392 shares for $0.32 per share. The transaction valued at 3,246,448 led to the insider holds 1,691,727 shares of the business.
Regan Andrew sold 1,514,100 shares of CDT for $391,092 on Jul 17 ’24. The Director now owns 177,627 shares after completing the transaction at $0.26 per share. On Jul 12 ’24, another insider, Regan Andrew, who serves as the Director of the company, sold 1,389,820 shares for $0.25 each. As a result, the insider received 343,425 and left with 12,941,319 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, CDT now has a Market Capitalization of 12038991 and an Enterprise Value of 12873989.
Stock Price History:
Over the past 52 weeks, CDT has reached a high of $8.75, while it has fallen to a 52-week low of $0.11. The 50-Day Moving Average of the stock is -25.03%, while the 200-Day Moving Average is calculated to be -94.60%.
Shares Statistics:
For the past three months, CDT has traded an average of 12.97M shares per day and 1751680 over the past ten days. A total of 73.83M shares are outstanding, with a floating share count of 39.09M. Insiders hold about 58.51% of the company’s shares, while institutions hold 3.05% stake in the company. Shares short for CDT as of 1726185600 were 1071204 with a Short Ratio of 0.08, compared to 1723680000 on 6813303.
