Cardlytics Inc (NASDAQ: CDLX) on Friday, soared 0.63% from the previous trading day, before settling in for the closing price of $3.95. Within the past 52 weeks, CDLX’s price has moved between $2.89 and $20.52.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Communication Services sector company grew by 17.35% over the past five years. The company achieved an average annual earnings per share of 56.50%. With a float of $47.38 million, this company’s outstanding shares have now reached $49.84 million.
Let’s look at the performance matrix of the company that is accounted for 434 employees. 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 and Institutional Ownership
Observing investor behavior towards Advertising Agencies industry stocks is more important than anything else. The insider ownership of Cardlytics Inc is 4.94%, while institutional ownership is 68.56%. 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) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.01 earnings per share (EPS) for the period topping the consensus outlook (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 56.50% 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
Cardlytics Inc (CDLX) is currently performing well based on its current performance indicators. A quick ratio of 1.77 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.65.
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 -1.57 in one year’s time.
Technical Analysis of Cardlytics Inc (CDLX)
Cardlytics Inc (NASDAQ: CDLX) saw its 5-day average volume 0.65 million, a negative change from its year-to-date volume of 1.26 million. As of the previous 9 days, the stock’s Stochastic %D was 95.21%. Additionally, its Average True Range was 0.24.
During the past 100 days, Cardlytics Inc’s (CDLX) raw stochastic average was set at 15.75%, which indicates a significant decrease from 91.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.08% in the past 14 days, which was lower than the 153.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.59, while its 200-day Moving Average is $7.91. Nevertheless, the first resistance level for the watch stands at $4.08 in the near term. At $4.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.32. If the price goes on to break the first support level at $3.84, it is likely to go to the next support level at $3.71. The third support level lies at $3.60 if the price breaches the second support level.
Cardlytics Inc (NASDAQ: CDLX) Key Stats
Market capitalization of the company is 198.11 million based on 48,783K outstanding shares. Right now, sales total 309,200 K and income totals -134,700 K. The company made 69,640 K in profit during its latest quarter, and -4,260 K in sales during its previous quarter.
