Caredx Inc (CDNA) poses a Brand-New Opportunity for Investors with beta value of 1.84

Witnessing the stock’s movement on the chart, on Thursday, Caredx Inc (NASDAQ: CDNA) had a quiet start as it plunged -4.71% to $24.70, before settling in for the price of $25.92 at the close. Taking a more long-term approach, CDNA posted a 52-week range of $7.42-$34.84.

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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 33.42%. Meanwhile, its Annual Earning per share during the time was -21.96%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 80.23%. This publicly-traded company’s shares outstanding now amounts to $53.11 million, simultaneously with a float of $50.16 million. The organization now has a market capitalization sitting at $1.32 billion. At the time of writing, stock’s 50-day Moving Average stood at $25.37, while the 200-day Moving Average is $19.00.

Caredx Inc (CDNA) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Diagnostics & Research industry. Caredx Inc’s current insider ownership accounts for 6.48%, in contrast to 97.26% institutional ownership. Preceding that transaction, on Nov 26 ’24, Company’s Director sold 5,000 for 25.00, making the whole transaction’s value amount to 125,000. This particular insider is now the holder of 330,024 in total.

Caredx Inc (CDNA) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.

Caredx Inc’s EPS increase for this current 12-month fiscal period is 80.23% and is forecasted to reach -0.53 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the -21.96% growth it accomplished over the previous five years trading on the market.

Caredx Inc (NASDAQ: CDNA) Trading Performance Indicators

Let’s observe the current performance indicators for Caredx Inc (CDNA). It’s Quick Ratio in the last reported quarter now stands at 3.87. The Stock has managed to achieve an average true range (ATR) of 1.43. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.24. Similarly, its price to free cash flow for trailing twelve months is now 1085.87.

In the same vein, CDNA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.70, a figure that is expected to reach -0.21 in the next quarter, and analysts are predicting that it will be -0.53 at the market close of one year from today.

Technical Analysis of Caredx Inc (CDNA)

Going through the that latest performance of [Caredx Inc, CDNA]. Its last 5-days volume of 0.61 million was inferior to the volume of 0.89 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 75.58% While, its Average True Range was 1.42.

Raw Stochastic average of Caredx Inc (CDNA) in the period of the previous 100 days is set at 42.39%, which indicates a major fall in contrast to 68.79% 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 43.62% that was lower than 70.10% volatility it exhibited in the past 100-days period.