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Are we looking at the next big move in Chromadex Corp (CDXC)?

Chromadex Corp (NASDAQ: CDXC) is 141.26% higher on its value in year-to-date trading and has touched a low of $1.25 and a high of $4.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CDXC stock was last observed hovering at around $3.36 in the last trading session, with the day’s gains setting it 0.09%.

Currently trading at $3.45, the stock is 10.18% and 18.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 2.68% at the moment leaves the stock 38.58% off its SMA200. CDXC registered 118.35% gain for a year compared to 6-month gain of 114.29%.

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The stock witnessed a 25.91% loss in the last 1 month and extending the period to 3 months gives it a 25.00%, and is -1.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.01% over the week and 7.02% over the month.

Chromadex Corp (CDXC) has around 106 employees, a market worth around $261.96M and $85.58M in sales. Fwd P/E is 41.10. Profit margin for the company is -1.58%. Distance from 52-week low is 176.00% and -25.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.11%).

The EPS is expected to grow by 120.57% this year.

Chromadex Corp (CDXC) Top Institutional Holders

105.0 institutions hold shares in Chromadex Corp (CDXC), with institutional investors hold 34.96% of the company’s shares. The shares outstanding are 74.98M, and float is at 47.79M with Short Float at 6.76%. Institutions hold 22.51% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.39 million shares valued at $9.24 million. The investor’s holdings represent 4.5014% of the CDXC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.12 million shares valued at $$8.51 million to account for 4.1422 of the shares outstanding. The other top investors are TIETON CAPITAL MANAGEMENT, LLC which holds 2.97 million shares representing 3.9453% and valued at over $8.1 million, while ICONIQ CAPITAL, LLC holds 1.7232 of the shares totaling 1.3 million with a market value of $3.54 million.

Chromadex Corp (CDXC) Insider Activity

The most recent transaction is an insider sale by Patrick Kristin,the company’sDirector. SEC filings show that Patrick Kristin sold 23,000 shares of the company’s common stock on Aug 23 ’24 at a price of $3.57 per share for a total of $82110.0. Following the sale, the insider now owns 0.0 shares.

Still, SEC filings show that on Dec 01 ’23, Gerber Brianna (Chief Financial Officer) acquired 5,000 shares at an average price of $1.41 for $7050.0. The insider now directly holds 27,436 shares of Chromadex Corp (CDXC).

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