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The price of Codexis Inc (NASDAQ: CDXS) closed at $2.33 in the last session, down -8.63% from day before closing price of $2.55. In other words, the price has decreased by -$8.63 from its previous closing price. On the day, 0.61 million shares were traded.
Ratios:
We take a closer look at CDXS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.72. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.14.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 23 ’25 when Opaleye Management Inc. bought 2,320,000 shares for $2.36 per share. The transaction valued at 5,475,200 led to the insider holds 11,995,000 shares of the business.
Opaleye Management Inc. bought 5,000 shares of CDXS for $11,800 on May 28 ’25. The 10% Owner now owns 12,000,000 shares after completing the transaction at $2.36 per share. On Apr 30 ’25, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 25,000 shares for $2.31 each. As a result, the insider paid 57,660 and bolstered with 9,655,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.88 while its Price-to-Book (P/B) ratio in mrq is 3.89.
Stock Price History:
Over the past 52 weeks, CDXS has reached a high of $6.08, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is -4.07%, while the 200-Day Moving Average is calculated to be -32.94%.
Shares Statistics:
A total of 82.84M shares are outstanding, with a floating share count of 80.50M. Insiders hold about 2.83% of the company’s shares, while institutions hold 80.06% stake in the company.
