Cidara Therapeutics Inc (CDTX) recent quarterly performance of -3.70% is not showing the real picture

Cidara Therapeutics Inc (NASDAQ: CDTX) established initial surge of 5.78% at $13.00, before settling in for the price of $12.29 at the close. Taking a more long-term approach, CDTX posted a 52-week range of $10.00-$29.60.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 59.53%. Meanwhile, its Annual Earning per share during the time was 37.54%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -147.63%. This publicly-traded company’s shares outstanding now amounts to $4.53 million. The organization now has a market capitalization sitting at $59.28 million. At the time of writing, stock’s 50-day Moving Average stood at $15.25, while the 200-day Moving Average is $16.54.

Cidara Therapeutics Inc (CDTX) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Cidara Therapeutics Inc industry. According to the most recent insider trade that took place on Mar 11 ’24, this organization’s CHIEF SCIENTIFIC OFFICER sold 21,029 shares at the rate of 0.67, making the entire transaction reach 14,085 in total value, affecting insider ownership by 258,681. Preceding that transaction, on Mar 11 ’24, Company’s Chief Medical Officer sold 20,662 for 0.67, making the whole transaction’s value amount to 13,839. This particular insider is now the holder of 347,095 in total.

Cidara Therapeutics Inc (CDTX) Earnings and Revenue Records

Cidara Therapeutics Inc’s EPS decrease for this current 12-month fiscal period is -147.63% and is forecasted to reach -5.47 in the upcoming year.

Cidara Therapeutics Inc (NASDAQ: CDTX) Trading Performance Indicators

Let’s observe the current performance indicators for Cidara Therapeutics Inc (CDTX). It’s Quick Ratio in the last reported quarter now stands at 0.81. The Stock has managed to achieve an average true range (ATR) of 2.26. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.93.

In the same vein, CDTX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.16, a figure that is expected to reach -2.39 in the next quarter, and analysts are predicting that it will be -5.47 at the market close of one year from today.

Technical Analysis of Cidara Therapeutics Inc (CDTX)

Now, what If we examine the latest scores posted by [Cidara Therapeutics Inc, CDTX]. During the last 5-days, its volume was better the volume of 48167.0 it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 23.79% While, its Average True Range was 2.39.

Raw Stochastic average of Cidara Therapeutics Inc (CDTX) in the period of the previous 100 days is set at 20.81%, which indicates a major fall in contrast to 21.41% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 171.79% that was higher than 90.57% volatility it exhibited in the past 100-days period.