Cardlytics Inc (CDLX) volume exceeds 0.83 million: A new investment opportunity for investors

Cardlytics Inc (NASDAQ: CDLX) kicked off on Friday, down -5.18% from the previous trading day, before settling in for the closing price of $9.27. Over the past 52 weeks, CDLX has traded in a range of $4.94-$20.52.

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During the last 5-year period, the sales growth of Communication Services Sector giant was 17.35%. While this was happening, its average annual earnings per share was recorded 55.83%. With a float of $45.90 million, this company’s outstanding shares have now reached $48.78 million.

Let’s determine the extent of company efficiency that accounts for 434 employees.

Cardlytics Inc (CDLX) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Advertising Agencies Industry. The insider ownership of Cardlytics Inc is 5.92%, while institutional ownership is 73.57%. The most recent insider transaction that took place on May 13 ’24, was worth 33,662. In this transaction 10% Owner of this company bought 3,746 shares at a rate of $8.99, taking the stock ownership to the 6,464,859 shares. Before that another transaction happened on May 10 ’24, when Company’s 10% Owner bought 100,000 for $8.79, making the entire transaction worth $878,540. This insider now owns 6,461,113 shares in total.

Cardlytics Inc (CDLX) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 55.83% 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

Take a look at Cardlytics Inc’s (CDLX) current performance indicators. Last quarter, stock had a quick ratio of 2.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.42, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -1.17 in one year’s time.

Technical Analysis of Cardlytics Inc (CDLX)

Looking closely at Cardlytics Inc (NASDAQ: CDLX), its last 5-days average volume was 1.15 million, which is a drop from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 17.46%. Additionally, its Average True Range was 1.19.

During the past 100 days, Cardlytics Inc’s (CDLX) raw stochastic average was set at 20.53%, which indicates a significant increase from 13.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 199.77% in the past 14 days, which was higher than the 162.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.58, while its 200-day Moving Average is $11.07. However, in the short run, Cardlytics Inc’s stock first resistance to watch stands at $9.11. Second resistance stands at $9.42. The third major resistance level sits at $9.60. If the price goes on to break the first support level at $8.62, it is likely to go to the next support level at $8.44. Now, if the price goes above the second support level, the third support stands at $8.13.

Cardlytics Inc (NASDAQ: CDLX) Key Stats

The company with the Market Capitalisation of 428.78 million has total of 48,783K Shares Outstanding. Its annual sales at the moment are 309,200 K in contrast with the sum of -134,700 K annual income. Company’s last quarter sales were recorded 67,610 K and last quarter income was -24,280 K.