Conduit Pharmaceuticals Inc (CDT) last month volatility was 24.71%: Don’t Ignore this Blaring Warning Signal

Witnessing the stock’s movement on the chart, on Thursday, Conduit Pharmaceuticals Inc (NASDAQ: CDT) had a quiet start as it plunged -20.00% to $0.05, before settling in for the price of $0.06 at the close. Taking a more long-term approach, CDT posted a 52-week range of $0.05-$3.92.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. This publicly-traded company’s shares outstanding now amounts to $96.00 million, simultaneously with a float of $74.17 million. The organization now has a market capitalization sitting at $7.69 million. At the time of writing, stock’s 50-day Moving Average stood at $0.0848, while the 200-day Moving Average is $0.8917.

Conduit Pharmaceuticals Inc (CDT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Conduit Pharmaceuticals Inc’s current insider ownership accounts for 38.12%, in contrast to 3.50% 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 (CDT) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

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 0.12. 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 -0.21.

Technical Analysis of Conduit Pharmaceuticals Inc (CDT)

Going through the that latest performance of [Conduit Pharmaceuticals Inc, CDT]. Its last 5-days volume of 34.72 million was inferior to the volume of 143.14 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 1.88% While, its Average True Range was 0.0203.

Raw Stochastic average of Conduit Pharmaceuticals Inc (CDT) in the period of the previous 100 days is set at 3.13%, which indicates a major rise in contrast to 3.13% 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 276.44% that was higher than 158.56% volatility it exhibited in the past 100-days period.