Currently, Candel Therapeutics Inc [CADL] is trading at $5.14, up 4.90%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CADL shares have gain 9.25% over the last week, with a monthly amount drifted -3.56%, and not seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $0.80 and a high of $14.30 over the last 52 weeks. Candel Therapeutics Inc [NASDAQ: CADL] shares were valued at $5.14 at the most recent close of the market.
Analyzing the CADL fundamentals
Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -20.02%, Pretax Profit Margin comes in at -29.39%, and Net Profit Margin reading is -29.39%. To continue investigating profitability, this company’s Return on Assets is posted at -2.43, Equity is 32.1 and Total Capital is -5.69. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.01.
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 4.86 points at the first support level, and at 4.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.43, and for the 2nd resistance point, it is at 5.71.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Candel Therapeutics Inc [NASDAQ:CADL] is 1.18. Also, the Quick Ratio is 1.18, while the Cash Ratio stands at 1.08.
Transactions by insiders
Recent insider trading involved Tyagarajan Seshu, Chief Technology Officer, that happened on Nov 29 ’24 when 20392.0 shares were sold. Chief Executive Officer, Tak Paul Peter completed a deal on Nov 29 ’24 to sell 48847.0 shares. Meanwhile, Chief Medical Officer Nichols William Garrett sold 13935.0 shares on Nov 29 ’24.