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.
The closing price of Candel Therapeutics Inc (NASDAQ: CADL) was $10.47 for the day, up 9.98% from the previous closing price of $9.52. In other words, the price has increased by $9.98 from its previous closing price. On the day, 2.45 million shares were traded.
Ratios:
Our analysis of CADL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18.
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, Canaccord Genuity on Feb-20-25, initiated with a Buy rating and assigned the stock a target price of $20.
On February 07, 2025, BofA Securities started tracking the stock assigning a Buy rating and target price of $15.
On December 02, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $11.H.C. Wainwright initiated its Buy rating on December 02, 2022, with a $11 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 15 ’25 when Barone Francesca sold 13,534 shares for $7.22 per share. The transaction valued at 97,783 led to the insider holds 110,673 shares of the business.
Tyagarajan Seshu sold 14,322 shares of CADL for $103,476 on Jan 15 ’25. The Chief Technology Officer now owns 96,790 shares after completing the transaction at $7.22 per share. On Jan 15 ’25, another insider, Schoch Charles, who serves as the insider of the company, sold 9,511 shares for $7.22 each. As a result, the insider received 68,717 and left with 43,038 shares of the company.
Stock Price History:
Over the past 52 weeks, CADL has reached a high of $14.60, while it has fallen to a 52-week low of $1.34. The 50-Day Moving Average of the stock is 34.82%, while the 200-Day Moving Average is calculated to be 52.35%.
Shares Statistics:
A total of 32.13M shares are outstanding, with a floating share count of 30.51M. Insiders hold about 31.41% of the company’s shares, while institutions hold 36.03% stake in the company.
