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The Significance of Moving Averages in Cardlytics Inc Inc. (CDLX) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 25.08% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -1.54%. Over the past 30 days, the price of CDLX has leaped by -43.11%. And in the last five days, it has fallen by -5.42%.

Cardlytics Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $20.52 on 03/25/24, while the lowest value for the same period was recorded at $4.94 on 05/19/23.

52-week price history of CDLX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cardlytics Inc’s current trading price is -43.86% away from its 52-week high, while its distance from the 52-week low is 133.19%. The stock’s price range during this period has varied between$4.94 and $20.52. The Cardlytics Inc’s shares, which operate in the Communication Services, saw a trading volume of around 0.65 million for the day, a figure considerably lower than their average daily volume of 1.78 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Cardlytics Inc (CDLX) has experienced a quarterly rise of 90.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 508.15M and boasts a workforce of 434 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.33, with a change in price of +3.63. Similarly, Cardlytics Inc recorded 1,333,684 in trading volume during the last 100 days, posting a change of +46.01%.

CDLX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CDLX stands at 1.97. Similarly, the long-term debt-to-equity ratio is also 1.96.

CDLX Stock Stochastic Average

Cardlytics Inc’s raw stochastic average for the past 50 days is presently 38.02%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 0.23%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 8.34% and 8.12%, respectively.

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