In last trading session, Caredx Inc (NASDAQ:CDNA) saw 0.85 million shares changing hands with its beta currently measuring 1.63. Company’s recent per share price level of $9.72 trading at $0.45 or 4.85% at ring of the bell on the day assigns it a market valuation of $505.54M. That closing price of CDNA’s stock is at a discount of -33.02% from its 52-week high price of $12.93 and is indicating a premium of 50.62% from its 52-week low price of $4.80. Taking a look at company’s average trading volume volume of 809.41K if we extend that period to 3-months.
Caredx Inc (NASDAQ:CDNA) trade information
Upright in the green during last session for gaining 4.85%, in the last five days CDNA remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $9.72 price level, adding 4.99% to its value on the day. Caredx Inc’s shares saw a change of -19.00% in year-to-date performance and have moved 28.57% in past 5-day. Caredx Inc (NASDAQ:CDNA) showed a performance of -0.82% in past 30-days.
Caredx Inc (CDNA) estimates and forecasts
Statistics highlight that Caredx Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 79.67% of value to its shares in past 6 months, showing an annual growth rate of 26.56% while that of industry is 12.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -4.80% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 63.14M for the same. And 7 analysts are in estimates of company making revenue of 65.34M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -21.96% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 55.36% while estimates for its earnings growth in next 5 years are of 20.00%.
CDNA Dividends
Caredx Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
