A new trading day began on Monday, with Cardlytics Inc (NASDAQ: CDLX) stock price up 4.12% from the previous day of trading, before settling in for the closing price of $3.88. CDLX’s price has ranged from $2.89 to $20.52 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged 56.50%. 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Advertising Agencies Industry. 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 24 ’24, was worth 86,924. In this transaction Chief Executive Officer of this company sold 22,607 shares at a rate of $3.85, taking the stock ownership to the 178,519 shares. Before that another transaction happened on Oct 24 ’24, when Company’s Officer proposed sale 22,607 for $3.84, making the entire transaction worth $86,919.
Cardlytics Inc (CDLX) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.01 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are Cardlytics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66.
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)
The latest stats from [Cardlytics Inc, CDLX] show that its last 5-days average volume of 0.63 million was inferior to 1.24 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 58.78%. Additionally, its Average True Range was 0.24.
During the past 100 days, Cardlytics Inc’s (CDLX) raw stochastic average was set at 16.69%, which indicates a significant decrease from 94.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.97% in the past 14 days, which was lower than the 152.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.61, while its 200-day Moving Average is $7.82. Now, the first resistance to watch is $4.14. This is followed by the second major resistance level at $4.23. The third major resistance level sits at $4.37. If the price goes on to break the first support level at $3.91, it is likely to go to the next support level at $3.77. The third support level lies at $3.68 if the price breaches the second support level.
Cardlytics Inc (NASDAQ: CDLX) Key Stats
With a market capitalization of 201.35 million, the company has a total of 48,783K Shares Outstanding. Currently, annual sales are 309,200 K while annual income is -134,700 K. The company’s previous quarter sales were 69,640 K while its latest quarter income was -4,260 K.
