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Cardlytics Inc (NASDAQ: CDLX) closed the day trading at $3.26 down -0.91% from the previous closing price of $3.29. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 0.6 million shares were traded. CDLX stock price reached its highest trading level at $3.41 during the session, while it also had its lowest trading level at $3.19.
Ratios:
For a better understanding of CDLX, let’s look at its different ratios. 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:
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 Aug 15 ’24 when DeSieno Alexis sold 90,912 shares for $3.71 per share. The transaction valued at 337,102 led to the insider holds 90,986 shares of the business.
DeSieno Alexis bought 90,912 shares of CDLX for $337,138 on Aug 15 ’24. On Aug 12 ’24, another insider, Hill Scott A, who serves as the Director of the company, bought 40,000 shares for $3.58 each. As a result, the insider paid 143,200 and bolstered with 40,000 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, CDLX now has a Market Capitalization of 162478720 and an Enterprise Value of 313225728. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 1.026 whereas that against EBITDA is -9.484.
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 -34.66%, while the 200-Day Moving Average is calculated to be -60.93%.
Shares Statistics:
Over the past 3-months, CDLX traded about 1.20M shares per day on average, while over the past 10 days, CDLX traded about 620180 shares per day. A total of 49.84M shares are outstanding, with a floating share count of 47.40M. Insiders hold about 4.90% of the company’s shares, while institutions hold 68.55% stake in the company. Shares short for CDLX as of 1726185600 were 8260323 with a Short Ratio of 6.90, compared to 1723680000 on 8618178. Therefore, it implies a Short% of Shares Outstanding of 8260323 and a Short% of Float of 19.900000000000002.
