Conduit Pharmaceuticals Inc (NASDAQ:CDT) does about 16.75M shares in volume on a normal day but saw 63241065 shares change hands in the recent trading day. The company now has a market cap of 10.79M USD. Its current market price is $0.11, marking an increase of 10.74% compared to the previous close of $0.10. The 52 week high reached by this stock is $7.83 whilst the lowest price level in 52 weeks is $0.09.
Conduit Pharmaceuticals Inc (CDT) has a 20-day trading average at $0.1113 and the current price is -98.56% off the 52-week high compared with 18.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1311 and its 200-day simple moving average is $1.8934. If we look at the stock’s price movements over the week, volatility stands at 13.75%, which decreases to 12.42% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 44.25 to suggest the stock is neutral.
The current price level is 1.01%, -14.29%, and -94.06% away from its SMA20, SMA50, and SMA200 respectively, with the CDT price moving above the 50-day SMA on current market day. Conduit Pharmaceuticals Inc (CDT) stock is down -3.44% over the week and -15.93% over the past month. Its price is -97.53% year-to-date and -93.61% over the past year.
Outstanding shares total 73.83M with insiders holding 67.63% of the shares and institutional holders owning 3.07% of the company’s common stock. The company has a return on equity of -89.65%. The beta has a value of 2.08.
