Conduit Pharmaceuticals Inc (CDT) 14-day ATR is 0.02: This Stock is Set to Soar Above its Peers

As on Thursday, Conduit Pharmaceuticals Inc (NASDAQ: CDT) started slowly as it slid -7.49% to $0.12, before settling in for the price of $0.13 at the close. Taking a more long-term approach, CDT posted a 52-week range of $0.09-$7.83.

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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 0.00%. This publicly-traded company’s shares outstanding now amounts to $73.83 million, simultaneously with a float of $51.59 million. The organization now has a market capitalization sitting at $11.74 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1277, while the 200-day Moving Average is $1.7959.

Conduit Pharmaceuticals Inc (CDT) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Conduit Pharmaceuticals Inc’s current insider ownership accounts for 46.26%, in contrast to 3.09% institutional ownership. According to the most recent insider trade that took place on Oct 03 ’24, this organization’s 10% Owner sold 1,500,000 shares at the rate of 0.10, making the entire transaction reach 156,450 in total value, affecting insider ownership by 8,400,000. Preceding that transaction, on Oct 04 ’24, Company’s 10% Owner sold 1,368,991 for 0.10, making the whole transaction’s value amount to 140,458. This particular insider is now the holder of 7,031,009 in total.

Conduit Pharmaceuticals Inc (NASDAQ: CDT) Trading Performance Indicators

Let’s observe the current performance indicators for Conduit Pharmaceuticals Inc (CDT). It’s Quick Ratio in the last reported quarter now stands at 0.56. The Stock has managed to achieve an average true range (ATR) of 0.02.

In the same vein, CDT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.14.

Technical Analysis of Conduit Pharmaceuticals Inc (CDT)

Through scrutinizing the latest numbers posted by the [Conduit Pharmaceuticals Inc, CDT], it can be observed that its last 5-days Average volume of 37.02 million was better the volume of 6.91 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 48.64% While, its Average True Range was 0.0183.

Raw Stochastic average of Conduit Pharmaceuticals Inc (CDT) in the period of the previous 100 days is set at 0.90%, which indicates a major fall in contrast to 42.55% 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 137.38% that was higher than 135.84% volatility it exhibited in the past 100-days period.