Market cap of Conduit Pharmaceuticals Inc [CDT] reaches 15.19M – now what?

Conduit Pharmaceuticals Inc [NASDAQ: CDT] plunged by $0.0 during the normal trading session on while it closed the day at $0.16.

Conduit Pharmaceuticals Inc stock has also loss -6.94% of its value over the past 7 days. However, CDT stock has declined by -94.67% in the 3 months of the year. Over the past six months meanwhile, it has lost -94.71% and lost -96.52% year-on date.

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The market cap for CDT stock reached $15.19 million, with 73.83 million shares outstanding and 3.07 million shares in the current float. Compared to the average trading volume of 11.46M shares, CDT reached a trading volume of 5364357 in the most recent trading day, which is why market watchdogs consider the stock to be active.

CDT stock trade performance evaluation

Conduit Pharmaceuticals Inc [CDT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.94. With this latest performance, CDT shares dropped by -33.56% in over the last four-week period, additionally sinking by -94.71% over the last 6 months – not to mention a drop of -98.53% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CDT stock in for the last two-week period is set at 20.93, with the RSI for the last a single of trading hit 28.20, and the three-weeks RSI is set at 20.52 for Conduit Pharmaceuticals Inc [CDT]. The present Moving Average for the last 50 days of trading for this stock 0.7319, while it was recorded at 0.1524 for the last single week of trading, and 2.6097 for the last 200 days.

Conduit Pharmaceuticals Inc [CDT]: An insightful look at the core fundamentals

Conduit Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.56 and a Current Ratio set at 0.56.

Conduit Pharmaceuticals Inc [CDT]: Institutional Ownership

The top three institutional holders of CDT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CDT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CDT stock with ownership which is approximately 5.1238%.