Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Conduit Pharmaceuticals Inc’s current trading price is -98.80% away from its 52-week high, while its distance from the 52-week low is 19.14%. The stock’s price range over this period has fluctuated between $0.08 and $7.83. The company, operating within the financial sector, had a trading volume of approximately 4.95 million for the day, which was noticeably lower than the average daily share volume of 22.5 million over the last 3 months.
Conduit Pharmaceuticals Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $7.83 on 12/13/23, while the lowest value for the same period was recorded at $0.08 on 11/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Conduit Pharmaceuticals Inc (CDT) has experienced a quarterly decline of -34.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.98M and boasts a workforce of 7 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1320, with a change in price of -0.1441. Similarly, Conduit Pharmaceuticals Inc recorded 20,942,662 in trading volume during the last 100 days, posting a change of -60.52%.
CDT Stock Stochastic Average
Today, Conduit Pharmaceuticals Inc’s raw stochastic average for the past 50 days stands at 19.11%, indicating a rise from the raw stochastic average of the last 20 days, which was 15.14%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 13.10% and 14.21% respectively.
CDT Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -97.93% this year. Over the last six months, there has been a stronger performance of -96.53%. The price of CDT leaped by -13.36% during the last 30 days period. For the last 5-days stocks have slided -2.99%.
