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In the latest session, Conduit Pharmaceuticals Inc (NASDAQ: CDT) closed at $0.10 down -5.52% from its previous closing price of $0.11. In other words, the price has decreased by -$5.52 from its previous closing price. On the day, 7.89 million shares were traded. CDT stock price reached its highest trading level at $0.1078 during the session, while it also had its lowest trading level at $0.1011.
Ratios:
For a deeper understanding of Conduit Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.56.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 03 ’24 when Nirland Ltd sold 1,500,000 shares for $0.10 per share. The transaction valued at 156,450 led to the insider holds 8,400,000 shares of the business.
Nirland Ltd sold 1,368,991 shares of CDT for $140,458 on Oct 04 ’24. The 10% Owner now owns 7,031,009 shares after completing the transaction at $0.10 per share. On Oct 07 ’24, another insider, Nirland Ltd, who serves as the 10% Owner of the company, sold 939,009 shares for $0.10 each. As a result, the insider received 96,530 and left with 6,092,000 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, CDT now has a Market Capitalization of 9859683 and an Enterprise Value of 10694683.
Stock Price History:
Over the past 52 weeks, CDT has reached a high of $7.83, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -23.89%, while the 200-Day Moving Average is calculated to be -94.76%.
Shares Statistics:
For the past three months, CDT has traded an average of 18.38M shares per day and 37566610 over the past ten days. A total of 73.83M shares are outstanding, with a floating share count of 45.50M. Insiders hold about 52.60% of the company’s shares, while institutions hold 3.09% stake in the company. Shares short for CDT as of 1727654400 were 1445258 with a Short Ratio of 0.08, compared to 1724976000 on 2268151.
