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, Candel Therapeutics Inc’s stock clocked out at $5.17, down -5.31% from its previous closing price of $5.46. In other words, the price has decreased by -$5.31 from its previous closing price. On the day, 0.57 million shares were traded. CADL stock price reached its highest trading level at $5.55 during the session, while it also had its lowest trading level at $5.05.
Ratios:
To gain a deeper understanding of CADL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.59 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.05.
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 December 02, 2022, initiated with a Buy rating and assigned the stock a target price of $11.
On November 19, 2021, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $18.
On August 23, 2021, UBS started tracking the stock assigning a Buy rating and target price of $9.UBS initiated its Buy rating on August 23, 2021, with a $9 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CADL now has a Market Capitalization of 151726576 and an Enterprise Value of 139075408.
Stock Price History:
The Beta on a monthly basis for CADL is -0.62, which has changed by 2.8296297 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, CADL has reached a high of $11.40, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 100.69%, while the 200-Day Moving Average is calculated to be 250.99%.
Shares Statistics:
It appears that CADL traded 5.26M shares on average per day over the past three months and 9845410 shares per day over the past ten days. A total of 29.21M shares are outstanding, with a floating share count of 15.66M. Insiders hold about 46.65% of the company’s shares, while institutions hold 5.76% stake in the company. Shares short for CADL as of 1711584000 were 160915 with a Short Ratio of 0.03, compared to 1709164800 on 195589. Therefore, it implies a Short% of Shares Outstanding of 160915 and a Short% of Float of 0.8200000000000001.
Earnings Estimates
On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.3. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0. Analysts are recommending an EPS of between -$0.91 and -$0.91 for the fiscal current year, implying an average EPS of -$0.91.
