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 -98.29% away from its 52-week high, while its distance from the 52-week low is 31.37%. The stock’s price range over this period has fluctuated between $0.05 and $3.92. The company, operating within the financial sector, had a trading volume of approximately 6.96 million for the day, which was noticeably lower than the average daily share volume of 51.67 million over the last 3 months.
Conduit Pharmaceuticals Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $3.92 on 03/28/24 and a low of $0.05 for the same time frame on 12/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Conduit Pharmaceuticals Inc (CDT) has experienced a quarterly decline of -33.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.31M 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 0.1024, with a change in price of -0.0947. Similarly, Conduit Pharmaceuticals Inc recorded 36,978,230 in trading volume during the last 100 days, posting a change of -58.46%.
CDT Stock Stochastic Average
Today’s raw stochastic average for Conduit Pharmaceuticals Inc over the last 50 days is 12.33%.This indicates a increase from the raw stochastic average of the past 20 days, which was 12.33%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 14.70% and 16.89%, respectively.
CDT Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -2.33% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -71.86%. Over the past 30 days, the price of CDT has leaped by -15.08%. And in the last five days, it has fallen by -28.11%.
