Conduit Pharmaceuticals Inc (NASDAQ:CDT) does about 35.24M shares in volume on a normal day but saw 1158560508 shares change hands in the recent trading day. The company now has a market cap of 14.78M USD. Its current market price is $0.12, marking an increase of 50.37% compared to the previous close of $0.08. The 52 week high reached by this stock is $5.16 whilst the lowest price level in 52 weeks is $0.05.
Conduit Pharmaceuticals Inc (CDT) has a 20-day trading average at $0.0755 and the current price is -97.61% off the 52-week high compared with 141.76% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.0887 and its 200-day simple moving average is $1.0260. If we look at the stock’s price movements over the week, volatility stands at 42.37%, which decreases to 23.86% 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 65.62 to suggest the stock is neutral.
The current price level is 63.20%, 38.95%, and -87.98% away from its SMA20, SMA50, and SMA200 respectively, with the CDT price moving below the 50-day SMA on current market day. Conduit Pharmaceuticals Inc (CDT) stock is up 62.88% over the week and 36.54% over the past month. Its price is 79.74% year-to-date and -97.49% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 96.00M with insiders holding 49.12% of the shares and institutional holders owning 4.06% of the company’s common stock. The company has a return on equity of -89.65%. The beta has a value of 2.28.
