A new trading day began on Monday, with Cardiff Oncology Inc (NASDAQ: CRDF) stock price up 5.65% from the previous day of trading, before settling in for the closing price of $2.83. CRDF’s price has ranged from $0.94 to $6.42 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 9.26% over the past five years. Meanwhile, its annual earnings per share averaged -7.72%. With a float of $42.94 million, this company’s outstanding shares have now reached $44.68 million.
Let’s look at the performance matrix of the company that is accounted for 32 employees. In terms of profitability, gross margin is 37.29%, operating margin of -6711.28%, and the pretax margin is -6143.91%.
Cardiff Oncology Inc (CRDF) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Cardiff Oncology Inc is 7.76%, while institutional ownership is 26.03%. The most recent insider transaction that took place on Dec 19 ’23, was worth 41,100. In this transaction Director of this company bought 30,000 shares at a rate of $1.37, taking the stock ownership to the 697,761 shares.
Cardiff Oncology Inc (CRDF) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -7.72% per share during the next fiscal year.
Cardiff Oncology Inc (NASDAQ: CRDF) Trading Performance Indicators
Here are Cardiff Oncology Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 207.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.91, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach -1.04 in one year’s time.
Technical Analysis of Cardiff Oncology Inc (CRDF)
Cardiff Oncology Inc (NASDAQ: CRDF) saw its 5-day average volume 0.59 million, a negative change from its year-to-date volume of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 38.43%. Additionally, its Average True Range was 0.20.
During the past 100 days, Cardiff Oncology Inc’s (CRDF) raw stochastic average was set at 79.67%, which indicates a significant increase from 68.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.42% in the past 14 days, which was lower than the 67.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.54, while its 200-day Moving Average is $2.96. Nevertheless, the first resistance level for the watch stands at $3.11 in the near term. At $3.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.35. If the price goes on to break the first support level at $2.87, it is likely to go to the next support level at $2.76. Assuming the price breaks the second support level, the third support level stands at $2.63.
Cardiff Oncology Inc (NASDAQ: CRDF) Key Stats
With a market capitalization of 139.18 million, the company has a total of 44,725K Shares Outstanding. Currently, annual sales are 490 K while annual income is -41,440 K. The company’s previous quarter sales were 160 K while its latest quarter income was -11,780 K.
