$929.13K in average volume shows that Codexis Inc (CDXS) is heading in the right direction

On Friday, Codexis Inc (NASDAQ: CDXS) was 4.44% up from the session before settling in for the closing price of $2.25. A 52-week range for CDXS has been $1.90 – $6.08.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 4.02%. When this article was written, the company’s average yearly earnings per share was at 19.10%. With a float of $80.50 million, this company’s outstanding shares have now reached $81.85 million.

Let’s determine the extent of company efficiency that accounts for 188 employees. In terms of profitability, gross margin is 68.36%, operating margin of -98.33%, and the pretax margin is -109.94%.

Codexis Inc (CDXS) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Codexis Inc stocks. The insider ownership of Codexis Inc is 2.83%, while institutional ownership is 79.03%. The most recent insider transaction that took place on Apr 08 ’25, was worth 198,380. In this transaction 10% Owner of this company bought 100,000 shares at a rate of $1.98, taking the stock ownership to the 9,465,000 shares. Before that another transaction happened on Apr 03 ’25, when Company’s 10% Owner bought 75,000 for $2.30, making the entire transaction worth $172,740. This insider now owns 9,365,000 shares in total.

Codexis Inc (CDXS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 19.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.38% during the next five years compared to -33.31% drop over the previous five years of trading.

Codexis Inc (NASDAQ: CDXS) Trading Performance Indicators

You can see what Codexis Inc (CDXS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.28.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.90, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.52 in one year’s time.

Technical Analysis of Codexis Inc (CDXS)

Looking closely at Codexis Inc (NASDAQ: CDXS), its last 5-days average volume was 1.09 million, which is a jump from its year-to-date volume of 0.9 million. As of the previous 9 days, the stock’s Stochastic %D was 44.09%. Additionally, its Average True Range was 0.26.

During the past 100 days, Codexis Inc’s (CDXS) raw stochastic average was set at 10.77%, which indicates a significant decrease from 36.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.42% in the past 14 days, which was higher than the 88.67% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.23, while its 200-day Moving Average is $3.62. However, in the short run, Codexis Inc’s stock first resistance to watch stands at $2.42. Second resistance stands at $2.48. The third major resistance level sits at $2.60. If the price goes on to break the first support level at $2.24, it is likely to go to the next support level at $2.12. Should the price break the second support level, the third support level stands at $2.06.

Codexis Inc (NASDAQ: CDXS) Key Stats

There are 82,837K outstanding shares of the company, which has a market capitalization of 194.67 million. As of now, sales total 59,350 K while income totals -65,280 K. Its latest quarter income was 21,460 K while its last quarter net income were -10,380 K.