Cdt
8/14/2024 07:53pm
Conduit (CDT) has shown a premarket percentage change of 38.77%, which is a substantial movement indicating that there may have been significant news or events that have positively influenced the stock. Here are some key metrics and analysis about CDT:
1. **Technical Indicators**:
- The Relative Strength Index (RSI) is at 21.26, which is considered oversold and may suggest a potential reversal or bounce-back in the stock price.
- The Moving Average Convergence Divergence (MACD) is at 0.11, indicating a potential upward momentum in the stock.
- The KDJ indicator is at -0.29, which is a rare value and may suggest a strong momentum in either direction, depending on the context.
- The stock is trading near its 5-Day Moving Average (0.17) and below its 10-Day Moving Average (0.18), but above its 50-Day Moving Average (0.95). This suggests a short-term downward trend but a longer-term uptrend.
|Ticker|Name|Date|Boll|RSI|KDJ|MACD|code|market_code|
|---|---|---|---|---|---|---|---|---|
|CDT.O|Conduit|20240813|0.2145|21.2594|-0.2931|0.1111|CDT|185|
2. **Fundamental Metrics**:
- The company's diluted earnings per share (EPS) is -$0.07, indicating a loss for the period.
- The gross profit margin is not provided, but the net income is -$5.38 million, which suggests a significant loss that could impact the company's financial health.
- The price-to-earnings (P/E) ratio is -2.56, which is not a meaningful metric due to the negative earnings.
- The price-to-book (P/B) ratio is -2.43, which is also negative and suggests that the market value of the company is less than the value of its assets.
|Ticker|Name|Date|Gross Profit Margin|Total Revenue|Dividend Yield (TTM)|Net Income|ROE(Average)|Diluted EPS|code|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|CDT.O|Conduit|20240630||||-5383000||-0.07|CDT|185|
|CDT.O|Conduit|20240813|||||||CDT|185|
|Ticker|Name|Date|P/E(TTM)|P/S|Price to Book Ratio|code|market_code|
|---|---|---|---|---|---|---|---|
|CDT.O|Conduit|20240813|-2.562601||-2.425603892713292|CDT|185|
3. **Liquidity and Debt**:
- The company has a negative free cash flow of $8.27 million, which may indicate financial stress.
- The debt-to-equity ratio is not provided, but a negative free cash flow combined with debt could lead to financial instability.
In conclusion, Conduit's premarket surge could be a reaction to the oversold conditions and a potential technical rebound. However, the company's negative earnings, significant losses, and negative ratios suggest a high risk profile. Investors should exercise caution and consider these factors before making any investment decisions.