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As of close of business last night, Codexis Inc’s stock clocked out at $3.93, up 1.29% from its previous closing price of $3.88. In other words, the price has increased by $1.29 from its previous closing price. On the day, 0.81 million shares were traded. CDXS stock price reached its highest trading level at $4.1485 during the session, while it also had its lowest trading level at $3.715.
Ratios:
To gain a deeper understanding of CDXS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.15 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.51.
On May 30, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.Cantor Fitzgerald initiated its Overweight rating on May 30, 2024, with a $11 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 25 ’24 when Opaleye Management Inc. bought 25,000 shares for $2.91 per share. The transaction valued at 72,720 led to the insider holds 8,545,000 shares of the business.
Opaleye Management Inc. bought 80,000 shares of CDXS for $234,856 on Sep 24 ’24. The 10% Owner now owns 8,515,000 shares after completing the transaction at $2.94 per share. On Sep 25 ’24, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 5,000 shares for $2.86 each. As a result, the insider paid 14,290 and bolstered with 8,520,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CDXS now has a Market Capitalization of 319815168 and an Enterprise Value of 267337072. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.15 while its Price-to-Book (P/B) ratio in mrq is 4.36. Its current Enterprise Value per Revenue stands at 4.148 whereas that against EBITDA is -5.84.
Stock Price History:
Over the past 52 weeks, CDXS has reached a high of $4.91, while it has fallen to a 52-week low of $1.85. The 50-Day Moving Average of the stock is 19.66%, while the 200-Day Moving Average is calculated to be 21.35%.
Shares Statistics:
It appears that CDXS traded 622.70K shares on average per day over the past three months and 739070 shares per day over the past ten days. A total of 81.38M shares are outstanding, with a floating share count of 78.86M. Insiders hold about 3.10% of the company’s shares, while institutions hold 79.61% stake in the company. Shares short for CDXS as of 1730332800 were 1953049 with a Short Ratio of 3.14, compared to 1727654400 on 2256560. Therefore, it implies a Short% of Shares Outstanding of 1953049 and a Short% of Float of 2.6800001.
