Conduit Pharmaceuticals Inc [NASDAQ: CDT] traded at a high on Monday, posting a 11.80 gain after which it closed the day’ session at $0.10.
The results of the trading session contributed to over 6486652 shares changing hands. Over the past one week, the price volatility of Conduit Pharmaceuticals Inc stands at 13.66% while the volatility over the past one month is 14.63%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for CDT stock reached $9.61 million, with 73.83 million shares outstanding and 51.59 million shares in the current float. Compared to the average trading volume of 19.66M shares, CDT reached a trading volume of 6486652 in the most recent trading day, which is why market watchdogs consider the stock to be active.
How has CDT stock performed recently?
Conduit Pharmaceuticals Inc [CDT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.13. With this latest performance, CDT shares dropped by -0.51% in over the last four-week period, additionally sinking by -96.80% over the last 6 months – not to mention a drop of -93.52% 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 42.58, with the RSI for the last a single of trading hit 43.94, and the three-weeks RSI is set at 37.75 for Conduit Pharmaceuticals Inc [CDT]. The present Moving Average for the last 50 days of trading for this stock 0.1193, while it was recorded at 0.0967 for the last single week of trading, and 1.6744 for the last 200 days.
Conduit Pharmaceuticals Inc [CDT]: Deeper insight into the 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.
Insider trade positions for Conduit Pharmaceuticals Inc [CDT]
There are presently around $2.99%, or 6.49%% of CDT stock, in the hands of institutional investors.
