-39.64% percent quarterly performance for Codexis Inc (CDXS) is not indicative of the underlying story

Steve Mayer

Codexis Inc (NASDAQ: CDXS) on Friday, plunged -16.95% from the previous trading day, before settling in for the closing price of $2.04. Within the past 52 weeks, CDXS’s price has moved between $1.90 and $6.08.

Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -33.31%. The company achieved an average annual earnings per share of 26.65%. With a float of $87.64 million, this company’s outstanding shares have now reached $90.28 million.

Codexis Inc (CDXS) Insider Activity

Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Codexis Inc is 2.97%, while institutional ownership is 76.68%. The most recent insider transaction that took place on Oct 13 ’25, was worth 15,629. In this transaction Chief Technical Officer of this company sold 6,239 shares at a rate of $2.51, taking the stock ownership to the 169,332 shares. Before that another transaction happened on Oct 13 ’25, when Company’s Chief Financial Officer sold 6,239 for $2.50, making the entire transaction worth $15,629. This insider now owns 70,636 shares in total.

Codexis Inc (CDXS) Earnings and Forecasts

As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.13 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.02) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 26.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 33.93% during the next five years compared to -33.31% drop over the previous five years of trading.

Codexis Inc (NASDAQ: CDXS) Trading Performance Indicators

Codexis Inc (CDXS) is currently performing well based on its current performance indicators. A quick ratio of 4.02 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.51 in one year’s time.

Technical Analysis of Codexis Inc (CDXS)

Compared to the last year’s volume of 0.88 million, its volume of 1.61 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 4.47%.

During the past 100 days, Codexis Inc’s (CDXS) raw stochastic average was set at 3.54%, which indicates a significant decrease from 6.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1475 in the past 14 days, which was lower than the 0.1659 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.4780, while its 200-day Moving Average is $2.7690. Nevertheless, the first resistance level for the watch stands at $1.7667 in the near term. At $1.8433, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9217. If the price goes on to break the first support level at $1.6117, it is likely to go to the next support level at $1.5333. Should the price break the second support level, the third support level stands at $1.4567.

Codexis Inc (NASDAQ: CDXS) Key Stats

Market capitalization of the company is 152.65 million based on 90,267K outstanding shares. Right now, sales total 59,350 K and income totals -65,280 K. The company made 15,330 K in profit during its latest quarter, and -13,270 K in sales during its previous quarter.

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