A new trading day began on Friday, with Cardlytics Inc (NASDAQ: CDLX) stock price down -5.98% from the previous day of trading, before settling in for the closing price of $3.60. CDLX’s price has ranged from $2.89 to $20.52 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 17.35% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -10.30%. With a float of $48.29 million, this company’s outstanding shares have now reached $50.82 million.
In an organization with 434 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 44.23%, operating margin of -66.36%, and the pretax margin is -93.55%.
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 4.98%, while institutional ownership is 60.98%. The most recent insider transaction that took place on Nov 15 ’24, was worth 86,155. In this transaction Chief Financial Officer of this company sold 25,118 shares at a rate of $3.43, taking the stock ownership to the 116,481 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Officer proposed sale 25,118 for $3.43, making the entire transaction worth $86,165.
Cardlytics Inc (CDLX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -10.30% 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 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.11, a number that is poised to hit -0.47 in the next quarter and is forecasted to reach -1.48 in one year’s time.
Technical Analysis of Cardlytics Inc (CDLX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.92 million. That was inferior than the volume of 1.24 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.80%. Additionally, its Average True Range was 0.41.
During the past 100 days, Cardlytics Inc’s (CDLX) raw stochastic average was set at 7.43%, which indicates a significant increase from 3.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 144.15% in the past 14 days, which was lower than the 160.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.72, while its 200-day Moving Average is $7.64. However, in the short run, Cardlytics Inc’s stock first resistance to watch stands at $3.56. Second resistance stands at $3.74. The third major resistance level sits at $3.87. If the price goes on to break the first support level at $3.26, it is likely to go to the next support level at $3.13. The third support level lies at $2.95 if the price breaches the second support level.
Cardlytics Inc (NASDAQ: CDLX) Key Stats
With a market capitalization of 161.51 million, the company has a total of 50,822K Shares Outstanding. Currently, annual sales are 309,200 K while annual income is -134,700 K. The company’s previous quarter sales were 67,060 K while its latest quarter income was -145,180 K.
