Conduit Pharmaceuticals Inc (NASDAQ:CDT) has a beta value of 2.27 and has seen 7.25 million shares traded in the last trading session. The company, currently valued at $3.68M, closed the last trade at $0.78 per share which meant it lost -$0.11 on the day or -12.25% during that session. The CDT stock price is -48489.74% off its 52-week high price of $379.00 and 6.41% 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 1.65 million shares traded. The 3-month trading volume is 3.78 million shares.
Conduit Pharmaceuticals Inc (NASDAQ:CDT) trade information
Sporting -12.25% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CDT stock price touched $0.78 or saw a rise of 25.71%. Year-to-date, Conduit Pharmaceuticals Inc shares have moved -88.62%, while the 5-day performance has seen it change -11.10%. Over the past 30 days, the shares of Conduit Pharmaceuticals Inc (NASDAQ:CDT) have changed -34.92%. Short interest in the company has seen 0.75 million shares shorted with days to cover at 0.51.
Conduit Pharmaceuticals Inc (CDT) estimates and forecasts
The company’s shares have lost -93.94% over the past 6 months.
CDT Dividends
Conduit Pharmaceuticals Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Conduit Pharmaceuticals Inc (NASDAQ:CDT)’s Major holders
Insiders own 13.92% of the company shares, while shares held by institutions stand at 2.41% with a share float percentage of 2.80%. Investors are also buoyed by the number of investors in a company, with Conduit Pharmaceuticals Inc having a total of 57.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 0.69 million shares worth more than $0.73 million. As of 2024-06-30, BLACKROCK INC. held 0.0187% of shares outstanding.
The other major institutional holder is NEW YORK STATE COMMON RETIREMENT FUND, with the holding of over 98100.0 shares as of 2024-06-30. The firm’s total holdings are worth over $0.1 million and represent 0.0027% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Salem Street Trust-Fidelity Small Cap Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 0.11% shares in the company for having 4.03 shares of worth $3150.0 while later fund manager owns 2.03 shares of worth $1584.0 as of Dec 31, 2024 , which makes it owner of about 0.06% of company’s outstanding stock.
