Conduit Pharmaceuticals Inc (NASDAQ:CDT) currently has a daily average trading volume of 11.73M but it saw 2903300 shares traded in last market. With a market cap of 13.90M USD, the company’s current market price of $0.14 came falling about -5.54 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.00 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.135 while lowest mark touched by it was $0.1562.
Taking a look at 20-day trading activity of Conduit Pharmaceuticals Inc (CDT) gives us an average price of $0.1667, while its current price level is -99.42% below from 52-week high level whereas it is 9.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4351 while that of 200 days or SMA-200 reads an average of $2.5673. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.39% during that period while stretching the period over a month that increases to 22.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 21.52 which implies that the stock is in oversold territory.
Over the week, CDT’s stock price is moving -8.06% down while it is -33.73% when we observe its performance for the past one month. Year-to-date it is -96.82% down and over the past year, the stock is showing a downside performance of -98.66%.
Currently, Conduit Pharmaceuticals Inc’s total number of outstanding shares is 73.83M with 76.00% of that held by the insiders while 3.12% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -89.65%. Stock’s beta reads 2.15. Its return on asset (ROA) is -38.44% on average.
