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The Psychology of Cardlytics Inc. Inc. (CDLX) Price Performance: Understanding Market Sentiment

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 182.70%. However, over the past six months, we’ve seen a weaker performance of 423.72%. The price of CDLX fallen by 33.93% over the last 30 days. And in the last five days, it has fallen by -11.53%.

Currently, the stock price of Cardlytics Inc. (CDLX) is $16.34. In the most recent trading session, the stock underwent a significant upswing, peaking at $19.30 after opening at $18.96. The stock touched a low of $16.27 before closing at $19.15.

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In terms of market performance, Cardlytics Inc. had a somewhat regular. The highest value for the stock in the past year was $19.57 on 09/15/23, while the lowest value was $2.57 on 03/24/23.

52-week price history of CDLX Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Cardlytics Inc.’s current trading price is -16.50% away from its 52-week high, while its distance from the 52-week low is 535.80%. The stock’s price range over this timeframe has been between $2.57 and $19.57. The shares of the Communication Services sector company recorded a trading volume of approximately 0.99 million for the day, which was comparatively higher than the average daily volume of 0.71 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Cardlytics Inc. (CDLX) has experienced a quarterly rise of 147.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 617.16M and boasts a workforce of 473 employees.

Expert Opinions: Analysts’ Ratings for Cardlytics Inc.

As of right now, 1 analyst is rating Cardlytics Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.59, with a change in price of +10.55. Similarly, Cardlytics Inc. recorded 781,545 in trading volume during the last 100 days, posting a change of +182.21%.

CDLX’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CDLX stands at 1.09. Similarly, the long-term debt-to-equity ratio is also 0.96.

CDLX Stock Stochastic Average

Cardlytics Inc.’s raw stochastic average for the past 50 days is currently at 76.23%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 55.33%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 81.94% and 87.44%, respectively.

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