Calyxt Inc. (CLXT) is priced at $0.19 after the most recent trading session. At the very opening of the session, the stock price was $0.2406 and reached a high price of $0.2406, prior to closing the session it reached the value of $0.22. The stock touched a low price of $0.18.Recently in News on September 22, 2022, Calyxt, Inc. Exploring Strategic Alternatives. Calyxt, Inc. (NASDAQ: CLXT) (“Calyxt”), a plant-based synthetic biology company, today announced that its Board of Directors is evaluating potential strategic alternatives to maximize shareholder value. As part of the process, the Board is considering a full range of strategic alternatives, which may include financing alternatives, merger, reverse merger, other business combinations, sale of assets, licensing, or other transactions. Calyxt has retained Canaccord Genuity as its financial advisor and Sidley Austin as its legal counsel to assist in evaluating potential strategic alternatives. You can read further details here
Calyxt Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.5100 on 01/04/22, with the lowest value was $0.1800 for the same time period, recorded on 09/22/22.
Calyxt Inc. (CLXT) full year performance was -94.57%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Calyxt Inc. shares are logging -95.28% during the 52-week period from high price, and -3.65% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.20 and $4.08.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 725125 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Calyxt Inc. (CLXT) recorded performance in the market was -90.95%, having the revenues showcasing -39.89% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 9.14M, as it employees total of 55 workers.
Analysts verdict on Calyxt Inc. (CLXT)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.2794, with a change in the price was noted -0.25. In a similar fashion, Calyxt Inc. posted a movement of -56.20% for the period of last 100 days, recording 1,055,046 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CLXT is recording 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Calyxt Inc. (CLXT): Technical Analysis
Raw Stochastic average of Calyxt Inc. in the period of last 50 days is set at 8.30%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.55%. In the last 20 days, the company’s Stochastic %K was 18.04% and its Stochastic %D was recorded 26.86%.
Let’s take a glance in the erstwhile performances of Calyxt Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -90.95%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -82.32%, alongside a downfall of -94.57% for the period of the last 12 months. The shares increased approximately by -25.74% in the 7-day charts and went down by -19.71% in the period of the last 30 days. Common stock shares were lifted by -39.89% during last recorded quarter.