Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Codexis Inc (NASDAQ: CDXS) closed the day trading at $2.25 down -2.17% from the previous closing price of $2.30. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 0.87 million shares were traded.
Ratios:
For a better understanding of CDXS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.72. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.14.
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 May 23 ’25 when Opaleye Management Inc. bought 2,320,000 shares for $2.36 per share. The transaction valued at 5,475,200 led to the insider holds 11,995,000 shares of the business.
Opaleye Management Inc. bought 5,000 shares of CDXS for $11,800 on May 28 ’25. The 10% Owner now owns 12,000,000 shares after completing the transaction at $2.36 per share. On Apr 30 ’25, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 25,000 shares for $2.31 each. As a result, the insider paid 57,660 and bolstered with 9,655,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.74 while its Price-to-Book (P/B) ratio in mrq is 3.76.
Stock Price History:
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 -6.57%, while the 200-Day Moving Average is calculated to be -35.10%.
Shares Statistics:
A total of 82.84M shares are outstanding, with a floating share count of 80.50M. Insiders hold about 2.83% of the company’s shares, while institutions hold 82.80% stake in the company.
