Calidi Biotherapeutics Inc (CLDI) Has A Promising Outlook For 2024

Calidi Biotherapeutics Inc (AMEX:CLDI) has a beta value of 0.96 and has seen 0.62 million shares traded in the recent trading session. The company, currently valued at $34.34M, closed the recent trade at $1.97 per share which meant it lost -$0.17 on the day or -7.94% during that session. The CLDI stock price is -1235.03% off its 52-week high price of $26.30 and 62.94% above the 52-week low of $0.73. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.92 million shares traded. The 3-month trading volume is 1.24 million shares.

Calidi Biotherapeutics Inc (AMEX:CLDI) trade information

Sporting -7.94% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CLDI stock price touched $1.97 or saw a rise of 21.51%. Year-to-date, Calidi Biotherapeutics Inc shares have moved -86.95%, while the 5-day performance has seen it change -16.17%. Over the past 30 days, the shares of Calidi Biotherapeutics Inc (AMEX:CLDI) have changed 80.73%. Short interest in the company has seen 0.59 million shares shorted with days to cover at 0.88.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Wall Street analysts have a consensus price target for the stock at $5.5, which means that the shares’ value could jump 64.18% from the levels at last check today. The projected low price target is $2.0 while the price target rests at a high of $9.0. In that case, then, we find that the latest price level in today’s session is -356.85% off the targeted high while a plunge would see the stock gain -1.52% from the levels at last check today.

Calidi Biotherapeutics Inc (CLDI) estimates and forecasts

Figures show that Calidi Biotherapeutics Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -23.97% over the past 6 months, with this year growth rate of 74.10%, compared to 18.00% for the industry. Revenue growth from the last financial year stood is estimated to be 0.00%.

CLDI Dividends

Calidi Biotherapeutics Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Calidi Biotherapeutics Inc (AMEX:CLDI)’s Major holders

Insiders own 18.16% of the company shares, while shares held by institutions stand at 2.71% with a share float percentage of 3.31%. Investors are also buoyed by the number of investors in a company, with Calidi Biotherapeutics Inc having a total of 34.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 0.24% shares in the company for having 31.75 shares of worth $64139.0 while later fund manager owns 7.45 shares of worth $15038.0 as of Sep 30, 2024, which makes it owner of about 0.06% of company’s outstanding stock.