Market Highlights: Cardiff Oncology Inc (CRDF) Ends on a High Note at 4.24

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

The price of Cardiff Oncology Inc (NASDAQ: CRDF) closed at $4.24 in the last session, up 4.43% from day before closing price of $4.06. In other words, the price has increased by $4.43 from its previous closing price. On the day, 2.19 million shares were traded.

Ratios:

We take a closer look at CRDF’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.08 and its Current Ratio is at 7.08. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on September 06, 2024, initiated with a Buy rating and assigned the stock a target price of $8.

On December 08, 2021, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $19.Robert W. Baird initiated its Outperform rating on December 08, 2021, with a $19 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 17 ’24 when Levine James E. bought 2,752 shares for $5.42 per share. The transaction valued at 14,905 led to the insider holds 65,316 shares of the business.

Levine James E. bought 2,400 shares of CRDF for $12,000 on Dec 18 ’24. The Chief Financial Officer now owns 67,716 shares after completing the transaction at $5.00 per share. On Dec 16 ’24, another insider, Levine James E., who serves as the Chief Financial Officer of the company, bought 2,564 shares for $3.83 each. As a result, the insider paid 9,820 and bolstered with 62,564 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 414.79 while its Price-to-Book (P/B) ratio in mrq is 3.40.

Stock Price History:

Over the past 52 weeks, CRDF has reached a high of $6.42, while it has fallen to a 52-week low of $1.74. The 50-Day Moving Average of the stock is 2.99%, while the 200-Day Moving Average is calculated to be 39.40%.

Shares Statistics:

A total of 66.52M shares are outstanding, with a floating share count of 59.79M. Insiders hold about 10.13% of the company’s shares, while institutions hold 34.48% stake in the company.

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