Market Resilience: Cardlytics Inc (CDLX) Finishes Weak at 2.69, Down -9.12

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Cardlytics Inc (NASDAQ: CDLX) closed the day trading at $2.69 down -9.12% from the previous closing price of $2.96. In other words, the price has decreased by -$9.12 from its previous closing price. On the day, 2.28 million shares were traded.

Ratios:

For a better understanding of CDLX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 3.18 whereas as Long-Term Debt/Eq ratio is at 2.49.

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, Evercore ISI on October 11, 2024, initiated with a In-line rating and assigned the stock a target price of $4.

On August 16, 2024, Northland Capital Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $5.

BofA Securities Downgraded its Neutral to Underperform on August 15, 2024, whereas the target price for the stock was revised from $4 to $3.50.

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 Feb 19 ’25 when Gupta Amit sold 54,565 shares for $3.18 per share. The transaction valued at 173,462 led to the insider holds 364,072 shares of the business.

Gupta Amit sold 46,857 shares of CDLX for $159,220 on Feb 18 ’25. The Chief Executive Officer now owns 418,637 shares after completing the transaction at $3.40 per share. On Feb 19 ’25, another insider, Gupta Amit, who serves as the Officer of the company, bought 54,565 shares for $3.18 each.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 1.94.

Stock Price History:

Over the past 52 weeks, CDLX has reached a high of $20.52, while it has fallen to a 52-week low of $2.76. The 50-Day Moving Average of the stock is -21.99%, while the 200-Day Moving Average is calculated to be -49.54%.

Shares Statistics:

A total of 50.34M shares are outstanding, with a floating share count of 48.46M. Insiders hold about 4.65% of the company’s shares, while institutions hold 58.49% stake in the company.

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