With 0.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.62 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $4.1485 whereas the lowest price it dropped to was $3.715. The 52-week range on CDXS shows that it touched its highest point at $4.91 and its lowest point at $1.85 during that stretch. It currently has a 1-year price target of $6.86. Beta for the stock currently stands at 2.08.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CDXS was down-trending over the past week, with a drop of -3.20%, but this was up by 15.25% over a month. Three-month performance surged to 32.32% while six-month performance rose 15.59%. The stock gained 90.78% in the past year, while it has gained 28.85% so far this year. A look at the trailing 12-month EPS for CDXS yields -0.88 with Next year EPS estimates of -0.69. For the next quarter, that number is -0.04. This implies an EPS growth rate of 29.13% for this year and 13.43% for next year. EPS is expected to grow by 15.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -39.95%.
Float and Shares Shorts:
At present, 81.38 million CDXS shares are outstanding with a float of 78.86 million shares on hand for trading. On 2024-10-31, short shares totaled 1.95 million, which was 240.0 higher than short shares on 1727654400. In addition to Dr. Stephen George Dilly MBBS, Ph.D. as the firm’s President, CEO & Chairman, Mr. Kevin Norrett M.B.A., M.S. serves as its Chief Operating Officer.
Institutional Ownership:
Through their ownership of 0.79818 of CDXS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CDXS reported revenue of $12833000.0 and operating income of -$16557000.0. The EBITDA in the recently reported quarter was -$13684000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CDXS since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CDXS analysts setting a high price target of 11.0 and a low target of 3.0, the average target price over the next 12 months is 7.16667. Based on these targets, CDXS could surge 179.9% to reach the target high and fall by -23.66% to reach the target low. Reaching the average price target will result in a growth of 82.36% from current levels.
Analysts have provided yearly estimates in a range of -$0.72064 being high and -$0.92952 being low. For CDXS, this leads to a yearly average estimate of -$0.79375. The surprise factor in the prior quarter was -$0.24. Based on analyst estimates, the high estimate for the next quarter is -$0.14 and the low estimate is -$0.19. The average estimate for the next quarter is thus -$0.17.
