Conduit Pharmaceuticals Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $5.16 on 01/11/24, while the lowest price for the same period was registered at $0.05 on 12/23/24.
52-week price history of CDT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Conduit Pharmaceuticals Inc’s current trading price is -97.61% away from its 52-week high, while its distance from the 52-week low is 141.76%. The stock’s price range during this period has spanned from $0.05 to $5.16. In the Healthcare sector, the Conduit Pharmaceuticals Inc’s shares surpassed a trading volume of approximately 1.16 billion for the day, which was noticeably higher compared to the average daily volume of 9.35.24 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Conduit Pharmaceuticals Inc (CDT) has experienced a quarterly rise of 11.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.78M and boasts a workforce of 7 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1072, with a change in price of -0.0360. Similarly, Conduit Pharmaceuticals Inc recorded 35,800,066 in trading volume during the last 100 days, posting a change of -22.60%.
CDT Stock Stochastic Average
Today, Conduit Pharmaceuticals Inc’s raw stochastic average for the past 50 days stands at 54.69%, indicating a rise from the raw stochastic average of the last 20 days, which was 54.69%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 43.81% and 44.25% respectively.
CDT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 79.74%. However, over the past six months, we’ve seen a stronger performance of -57.48%. The price of CDT fallen by 36.54% over the last 30 days. And in the last five days, it has surged by 62.88%.
