Candel Therapeutics Inc (CADL) Stock: A Closer Look

Candel Therapeutics Inc [CADL] stock prices are up 5.80% to $6.75 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CADL shares have gain 18.84% over the last week, with a monthly amount glided 21.84%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Candel Therapeutics Inc [NASDAQ: CADL] stock has seen the most recent analyst activity on December 02, 2022, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $11. Previously, BMO Capital Markets started tracking the stock with Outperform rating on November 19, 2021, and set its price target to $18. On August 23, 2021, UBS initiated with a Buy rating and assigned a price target of $9 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $22 on August 23, 2021. Credit Suisse initiated its recommendation with a Outperform and recommended $15 as its price target on August 23, 2021.

The stock price of Candel Therapeutics Inc [CADL] has been fluctuating between $0.66 and $14.30 over the past year. Candel Therapeutics Inc [NASDAQ: CADL] shares were valued at $6.75 at the most recent close of the market.

Analyzing the CADL fundamentals

Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -20.07%, Pretax Profit Margin comes in at -28.15%, and Net Profit Margin reading is -28.15%. To continue investigating profitability, this company’s Return on Assets is posted at -1.89, Equity is -6.29 and Total Capital is -2.85. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.79.

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 6.46 points at the first support level, and at 6.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.96, and for the 2nd resistance point, it is at 7.18.

Ratios To Look Out For

It’s worth pointing out that Candel Therapeutics Inc [NASDAQ:CADL]’s Current Ratio is 1.62. As well, the Quick Ratio is 1.62, while the Cash Ratio is 1.53.

Transactions by insiders

Recent insider trading involved Tyagarajan Seshu, Chief Technology Officer, that happened on Jul 17 ’24 when 14851.0 shares were sold. Chief Executive Officer, Tak Paul Peter completed a deal on Jul 17 ’24 to sell 22528.0 shares. Meanwhile, Schoch Charles sold 9884.0 shares on Jul 17 ’24.

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