Codexis Inc (NASDAQ: CDXS) is -38.78% lower on its value in year-to-date trading and has touched a low of $2.43 and a high of $6.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CDXS stock was last observed hovering at around $2.82 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $2.92, the stock is 5.50% and -22.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 3.55% at the moment leaves the stock -20.13% off its SMA200. CDXS registered -15.36% loss for a year compared to 6-month gain of 1.04%. The firm has a 50-day simple moving average (SMA 50) of $3.7668 and a 200-day simple moving average (SMA200) of $3.65615.
The stock witnessed a -29.81% loss in the last 1 month and extending the period to 3 months gives it a -40.77%, and is 14.51% up 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 9.94% over the week and 9.74% over the month.
Codexis Inc (CDXS) has around 188 employees, a market worth around $241.88M and $59.34M in sales. Profit margin for the company is -109.99%. Distance from 52-week low is 20.16% and -51.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-52.64%).
with sales reaching $10.38M over the same period.The EPS is expected to grow by 19.10% this year, but quarterly earnings will post 10.41% year-over-year. Quarterly sales are estimated to shrink -39.22% in year-over-year returns.
181.0 institutions hold shares in Codexis Inc (CDXS), with institutional investors hold 82.54% of the company’s shares. The shares outstanding are 81.85M, and float is at 80.57M with Short Float at 5.67%. Institutions hold 80.53% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.79 million shares valued at $21.05 million. The investor’s holdings represent 9.6473 of the CDXS Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 4.45 million shares valued at $13.78 million to account for 6.3165 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.09 million shares representing 5.8568 and valued at over $12.68 million, while NANTAHALA CAPITAL MANAGEMENT, LLC holds 5.1575 of the shares totaling 3.63 million with a market value of $11.25 million.
Codexis Inc (CDXS) Insider Activity
The most recent transaction is an insider purchase by Opaleye Management Inc., the company’s 10% Owner. SEC filings show that Opaleye Management Inc. bought 92,923 shares of the company’s common stock on Mar 21 ’25 at a price of $2.54 per share for a total of $0.24 million. Following the purchase, the insider now owns 9.25 million shares.
Codexis Inc disclosed in a document filed with the SEC on Mar 20 ’25 that Opaleye Management Inc. (10% Owner) bought a total of 7 shares of the company’s common stock. The trade occurred on Mar 20 ’25 and was made at $2.54 per share for $18.0. Following the transaction, the insider now directly holds 9.16 million shares of the CDXS stock.
Still, SEC filings show that on Mar 13 ’25, Opaleye Management Inc. (10% Owner) acquired 85,000 shares at an average price of $2.54 for $0.22 million. The insider now directly holds 9,150,000 shares of Codexis Inc (CDXS).
