On Tuesday, Caredx Inc (NASDAQ: CDNA) was -4.29% drop from the session before settling in for the closing price of $17.72. A 52-week range for CDNA has been $7.42 – $34.84.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 24.04%. When this article was written, the company’s average yearly earnings per share was at -148.39%. With a float of $51.51 million, this company’s outstanding shares have now reached $54.77 million.
Let’s determine the extent of company efficiency that accounts for 650 employees. In terms of profitability, gross margin is 66.78%, operating margin of 12.23%, and the pretax margin is 18.74%.
Caredx Inc (CDNA) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Caredx Inc stocks. The insider ownership of Caredx Inc is 7.07%, while institutional ownership is 100.44%. The most recent insider transaction that took place on Mar 10 ’25, was worth 367,102. In this transaction Director of this company sold 20,000 shares at a rate of $18.36, taking the stock ownership to the 103,027 shares. Before that another transaction happened on Mar 10 ’25, when Company’s Director proposed sale 20,000 for $18.36, making the entire transaction worth $367,102.
Caredx Inc (CDNA) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -148.39% per share during the next fiscal year.
Caredx Inc (NASDAQ: CDNA) Trading Performance Indicators
You can see what Caredx Inc (CDNA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.82. Likewise, its price to free cash flow for the trailing twelve months is 29.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.02, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Caredx Inc (CDNA)
Looking closely at Caredx Inc (NASDAQ: CDNA), its last 5-days average volume was 0.86 million, which is a jump from its year-to-date volume of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 42.25%. Additionally, its Average True Range was 1.33.
During the past 100 days, Caredx Inc’s (CDNA) raw stochastic average was set at 11.14%, which indicates a significant decrease from 27.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.35% in the past 14 days, which was lower than the 58.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.65, while its 200-day Moving Average is $23.17. However, in the short run, Caredx Inc’s stock first resistance to watch stands at $18.05. Second resistance stands at $19.13. The third major resistance level sits at $19.86. If the price goes on to break the first support level at $16.23, it is likely to go to the next support level at $15.50. Should the price break the second support level, the third support level stands at $14.42.
Caredx Inc (NASDAQ: CDNA) Key Stats
There are 55,426K outstanding shares of the company, which has a market capitalization of 940.02 million. As of now, sales total 333,790 K while income totals 52,550 K. Its latest quarter income was 86,580 K while its last quarter net income were 78,010 K.
