Chromadex Corp (CDXC) can make a big difference with a little luck

With 0.2 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.27 million shares. During the session, the Packaged Foods company that operates in wider Consumer Defensive sector, reached to the highest price of $5.46 whereas the lowest price it dropped to was $5.21. The 52-week range on CDXC shows that it touched its highest point at $7.97 and its lowest point at $1.36 during that stretch. It currently has a 1-year price target of $8.70. Beta for the stock currently stands at 2.19.

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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 CDXC was down-trending over the past week, with a drop of -7.17%, but this was down by -25.13% over a month. Three-month performance surged to 47.35% while six-month performance rose 108.61%. The stock gained 284.14% in the past year, while it has gained 289.51% so far this year. A look at the trailing 12-month EPS for CDXC yields 0.02 with Next year EPS estimates of 0.13. For the next quarter, that number is 0.02. This implies an EPS growth rate of 157.14% for this year and 231.25% for next year.

Float and Shares Shorts:

At present, 76.03 million CDXC shares are outstanding with a float of 48.36 million shares on hand for trading. On 2024-11-29, short shares totaled 2.0 million, which was 260.99999 higher than short shares on 1730332800. In addition to Mr. Frank Louis Jaksch Jr. as the firm’s Co-Founder & Chairman, Mr. Robert N. Fried serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.23918 of CDXC’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, CDXC reported revenue of $25580000.0 and operating income of $1602000.0. The EBITDA in the recently reported quarter was $1968000.0 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 CDXC since 1 analysts follow the stock currently. There are 1 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 CDXC analysts setting a high price target of 12.0 and a low target of 5.0, the average target price over the next 12 months is 7.96. Based on these targets, CDXC could surge 120.59% to reach the target high and fall by -8.09% to reach the target low. Reaching the average price target will result in a growth of 46.32% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.06 being high and $0.02 being low. For CDXC, this leads to a yearly average estimate of $0.04. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is $0.0. The average estimate for the next quarter is thus $0.02.