Codexis Inc (NASDAQ: CDXS) is -47.38% lower on its value in year-to-date trading and has touched a low of $1.90 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 $2.47 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $2.51, the stock is 6.23% and 1.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing 1.62% at the moment leaves the stock -28.50% off its SMA200. CDXS registered -30.47% loss for a year compared to 6-month loss of -38.18%.
The stock witnessed a 11.56% gain in the last 1 month and extending the period to 3 months gives it a -38.78%, and is 2.03% 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 11.22% over the week and 7.54% over the month.
Codexis Inc (CDXS) has around 188 employees, a market worth around $207.94M and $49.81M in sales. Profit margin for the company is -149.47%. Distance from 52-week low is 32.11% and -58.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-70.10%).
The EPS is expected to grow by 21.83% this year
The shares outstanding are 82.84M, and float is at 80.50M with Short Float at 7.06%.
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 5.8134 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 25,000 shares of the company’s common stock on Apr 30 ’25 at a price of $2.31 per share for a total of $57660.0. Following the purchase, the insider now owns 9.65 million shares.
Codexis Inc disclosed in a document filed with the SEC on May 01 ’25 that Opaleye Management Inc. (10% Owner) bought a total of 20,000 shares of the company’s common stock. The trade occurred on May 01 ’25 and was made at $2.32 per share for $46436.0. Following the transaction, the insider now directly holds 9.68 million shares of the CDXS stock.
Still, SEC filings show that on Apr 25 ’25, Opaleye Management Inc. (10% Owner) acquired 25,000 shares at an average price of $2.24 for $55915.0. The insider now directly holds 9,630,000 shares of Codexis Inc (CDXS).
