Market Insights: Calidi Biotherapeutics Inc (CLDI)’s Notable Gain of 6.60, Closing at 0.21

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Calidi Biotherapeutics Inc’s stock clocked out at $0.21, up 6.60% from its previous closing price of $0.20. In other words, the price has increased by $6.60 from its previous closing price. On the day, 1.39 million shares were traded. CLDI stock price reached its highest trading level at $0.26 during the session, while it also had its lowest trading level at $0.1814.

Ratios:

To gain a deeper understanding of CLDI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.42.

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, H.C. Wainwright on November 22, 2023, initiated with a Buy rating and assigned the stock a target price of $11.

On October 09, 2023, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $9.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLDI now has a Market Capitalization of 10281453 and an Enterprise Value of 12749987.

Stock Price History:

Over the past 52 weeks, CLDI has reached a high of $13.79, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -58.74%, while the 200-Day Moving Average is calculated to be -93.17%.

Shares Statistics:

It appears that CLDI traded 1.01M shares on average per day over the past three months and 2648450 shares per day over the past ten days. A total of 35.52M shares are outstanding, with a floating share count of 20.34M. Insiders hold about 43.07% of the company’s shares, while institutions hold 5.92% stake in the company. Shares short for CLDI as of 1713139200 were 1430890 with a Short Ratio of 1.42, compared to 1710460800 on 147282. Therefore, it implies a Short% of Shares Outstanding of 1430890 and a Short% of Float of 5.94.

Most Popular

[the_ad id="945"]