Cardlytics Inc (CDLX)’s latest performance is not what we had anticipated

On Monday, Cardlytics Inc (NASDAQ: CDLX) was 7.52% up from the session before settling in for the closing price of $3.06. A 52-week range for CDLX has been $2.89 – $20.52.

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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%. When this article was written, the company’s average yearly earnings per share was at 55.56%. With a float of $47.38 million, this company’s outstanding shares have now reached $49.84 million.

The extent of productivity of a business whose workforce counts for 434 workers is very important to gauge. In terms of profitability, gross margin is 44.89%, operating margin of -21.89%, and the pretax margin is -50.21%.

Cardlytics Inc (CDLX) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cardlytics Inc stocks. The insider ownership of Cardlytics Inc is 4.90%, while institutional ownership is 68.58%. The most recent insider transaction that took place on Oct 02 ’24, was worth 23,097. In this transaction Chief Financial Officer of this company sold 7,487 shares at a rate of $3.08, taking the stock ownership to the 97,849 shares. Before that another transaction happened on Oct 02 ’24, when Company’s Chief Legal & Privacy Officer sold 5,936 for $3.08, making the entire transaction worth $18,313. This insider now owns 85,445 shares in total.

Cardlytics Inc (CDLX) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.01 earnings per share (EPS) during the time that was better than consensus figure (set at -0.01) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 55.56% 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

You can see what Cardlytics Inc (CDLX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.54.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.83, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach -1.59 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 0.76 million was inferior to 1.29 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.62%. Additionally, its Average True Range was 0.26.

During the past 100 days, Cardlytics Inc’s (CDLX) raw stochastic average was set at 5.62%, which indicates a significant decrease from 28.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.16% in the past 14 days, which was lower than the 152.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.34, while its 200-day Moving Average is $8.18. Now, the first resistance to watch is $3.40. This is followed by the second major resistance level at $3.50. The third major resistance level sits at $3.66. If the price goes on to break the first support level at $3.14, it is likely to go to the next support level at $2.98. Assuming the price breaks the second support level, the third support level stands at $2.88.

Cardlytics Inc (NASDAQ: CDLX) Key Stats

There are 48,783K outstanding shares of the company, which has a market capitalization of 163.97 million. As of now, sales total 309,200 K while income totals -134,700 K. Its latest quarter income was 69,640 K while its last quarter net income were -4,260 K.