Cardiff Oncology Inc (NASDAQ: CRDF) is 74.32% higher on its value in year-to-date trading and has touched a low of $0.94 and a high of $6.42 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 CRDF stock was last observed hovering at around $2.47 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $2.58, the stock is 3.16% and 8.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing 4.45% at the moment leaves the stock -9.32% off its SMA200. CRDF registered 98.46% gain for a year compared to 6-month loss of -51.59%. The firm has a 50-day simple moving average (SMA 50) of $2.3804 and a 200-day simple moving average (SMA200) of $2.85135.
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The stock witnessed a 17.81% gain in the last 1 month and extending the period to 3 months gives it a 14.67%, and is -3.73% 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 8.00% over the week and 8.10% over the month.
Cardiff Oncology Inc (CRDF) has around 32 employees, a market worth around $120.10M and $0.67M in sales. Profit margin for the company is -6147.52%. Distance from 52-week low is 174.47% and -59.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-76.37%).
The EPS is expected to shrink by -7.72% this year
114.0 institutions hold shares in Cardiff Oncology Inc (CRDF), with institutional investors hold 30.89% of the company’s shares. The shares outstanding are 44.68M, and float is at 42.93M with Short Float at 16.06%. Institutions hold 28.64% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.63 million shares valued at $5.84 million. The investor’s holdings represent 5.883 of the CRDF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.14 million shares valued at $4.74 million to account for 4.7816 of the shares outstanding. The other top investors are ASSENAGON ASSET MANAGEMENT S.A. which holds 1.22 million shares representing 2.7215 and valued at over $2.7 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.0383 of the shares totaling 0.91 million with a market value of $2.02 million.
Cardiff Oncology Inc (CRDF) Insider Activity
The most recent transaction is an insider purchase by PACE GARY W, the company’s Director. SEC filings show that PACE GARY W bought 30,000 shares of the company’s common stock on Dec 19 ’23 at a price of $1.37 per share for a total of $41100.0. Following the purchase, the insider now owns 0.7 million shares.
