Cardlytics Inc (CDLX) is 53.81% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Tuesday, with Cardlytics Inc (NASDAQ: CDLX) stock price down -5.60% from the previous day of trading, before settling in for the closing price of $14.46. CDLX’s price has ranged from $3.26 to $20.52 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 17.35%. Meanwhile, its annual earnings per share averaged 65.04%. With a float of $40.76 million, this company’s outstanding shares have now reached $44.11 million.

The extent of productivity of a business whose workforce counts for 434 workers is very important to gauge.

Cardlytics Inc (CDLX) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Advertising Agencies Industry. The insider ownership of Cardlytics Inc is 7.59%, while institutional ownership is 68.51%. The most recent insider transaction that took place on Apr 02 ’24, was worth 445,801. In this transaction Chief Executive Officer of this company sold 32,564 shares at a rate of $13.69, taking the stock ownership to the 344,734 shares. Before that another transaction happened on Apr 02 ’24, when Company’s Chief Legal & Privacy Officer sold 12,460 for $13.69, making the entire transaction worth $170,620. This insider now owns 71,355 shares in total.

Cardlytics Inc (CDLX) Latest Financial update

In its latest quarterly report, released on 12/30/2023, the company reported earnings of $0.14 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 65.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 44.10% during the next five years compared to -5.75% drop over the previous five years of trading.

Cardlytics Inc (NASDAQ: CDLX) Trading Performance Indicators

Here are Cardlytics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.95.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.49, a number that is poised to hit -0.47 in the next quarter and is forecasted to reach -0.89 in one year’s time.

Technical Analysis of Cardlytics Inc (CDLX)

The latest stats from [Cardlytics Inc, CDLX] show that its last 5-days average volume of 5.72 million was superior to 1.66 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 25.65%. Additionally, its Average True Range was 1.78.

During the past 100 days, Cardlytics Inc’s (CDLX) raw stochastic average was set at 53.61%, which indicates a significant increase from 45.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 318.18% in the past 14 days, which was higher than the 196.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.02, while its 200-day Moving Average is $10.35. Now, the first resistance to watch is $14.24. This is followed by the second major resistance level at $14.83. The third major resistance level sits at $15.25. If the price goes on to break the first support level at $13.23, it is likely to go to the next support level at $12.81. The third support level lies at $12.22 if the price breaches the second support level.

Cardlytics Inc (NASDAQ: CDLX) Key Stats

With a market capitalization of 602.10 million, the company has a total of 44,109K Shares Outstanding. Currently, annual sales are 309,200 K while annual income is -134,700 K. The company’s previous quarter sales were 89,170 K while its latest quarter income was -100,840 K.