At the time of writing, Cardiff Oncology Inc [CRDF] stock is trading at $5.67, up 6.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CRDF shares have lost -1.39% over the last week, with a monthly amount glided 55.34%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, Cardiff Oncology Announces Upcoming Presentations at the AACR Annual Meeting 2024. In a post published today on Yahoo Finance, Cardiff Oncology, Inc. (Nasdaq: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, today announced publications of five abstracts that will be presented in a poster session at the American Association for Cancer Research (AACR) Annual Meeting, taking place from April 5-10, 2024, in San Diego, California.
From an analyst’s perspective:
Previously, Robert W. Baird started tracking the stock with Outperform rating on December 08, 2021, and set its price target to $19. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $27 on October 22, 2020. Piper Sandler initiated its recommendation with a Overweight and recommended $25 as its price target on October 08, 2020.
For the past year, the stock price of Cardiff Oncology Inc fluctuated between $0.94 and $6.42. Cardiff Oncology Inc [NASDAQ: CRDF] shares were valued at $5.67 at the most recent close of the market.
Analyzing the CRDF fundamentals
According to Cardiff Oncology Inc [NASDAQ:CRDF], the company’s sales were 0.49M for trailing twelve months, which represents an 21.87% jump. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at -93.06%, Pretax Profit Margin comes in at -84.92%, and Net Profit Margin reading is -83.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.5, Equity is -0.49 and Total Capital is -0.64. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.29 points at the first support level, and at 4.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.21, and for the 2nd resistance point, it is at 6.76.
Cardiff Oncology Inc [CRDF] reported earnings per share of -$0.21 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.28/share, meaning a difference of $0.07 and a surprise factor of 25.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.22 per share as compared to estimates of -$0.28 per share, a difference of $0.06 representing a surprise of 21.40%.
Ratios To Look Out For
It is important to note that Cardiff Oncology Inc [NASDAQ:CRDF] has a current ratio of 7.41. In addition, the Quick Ratio stands at 7.41 and the Cash Ratio stands at 2.07. Considering the valuation of this stock, the price to sales ratio is 517.01, the price to book ratio is 3.63.
Transactions by insiders
Recent insider trading involved PACE GARY W, Director, that happened on Dec 19 ’23 when 30000.0 shares were purchased.
