Conduit Pharmaceuticals Inc [NASDAQ: CDT] stock went on a downward path that fall over -12.97% on N/A, amounting to a one-week price increase of more than 25.82%.
Over the last 12 months, CDT stock dropped by -99.76%.
The market cap for the stock reached $7.45 million, with 9.55 million shares outstanding and 8.35 million shares in the current float. Compared to the average trading volume of 5.55M shares, CDT stock reached a trading volume of 3369400 in the most recent trading day, which is why market watchdogs consider the stock to be active.
CDT Stock Performance Analysis:
Conduit Pharmaceuticals Inc [CDT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 25.82. With this latest performance, CDT shares dropped by -19.94% in over the last four-week period, additionally sinking by -92.82% over the last 6 months – not to mention a drop of -99.76% 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 42.41, with the RSI for the last a single of trading hit 46.13, and the three-weeks RSI is set at 39.41 for Conduit Pharmaceuticals Inc [CDT]. The present Moving Average for the last 50 days of trading for this stock 1.1101, while it was recorded at 0.9049 for the last single week of trading, and 11.0805 for the last 200 days.
Insight into Conduit Pharmaceuticals Inc Fundamentals:
Conduit Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.25 and a Current Ratio set at 0.25.
Conduit Pharmaceuticals Inc [CDT] Institutonal Ownership Details
There are presently around $0.86%, or 0.92%% of CDT stock, in the hands of institutional investors. The top three institutional holders of CDT stocks are: BLACKROCK INC. with ownership of 0.69 million shares, which is approximately 0.0187%. GEODE CAPITAL MANAGEMENT, LLC, holding 0.41 million shares of the stock with an approximate value of $$0.43 million in CDT stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$0.1 million in CDT stock with ownership which is approximately 0.0027%.
