Cdt


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Conduit (CDT) has shown a premarket percentage change of 38.77%1, 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:

- Technical Indicators:
- The Relative Strength Index (RSI) is at 21.262, 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 0.112, indicating a potential upward momentum in the stock.
- The KDJ indicator is at -0.292, 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)3. This suggests a short-term downward trend but a longer-term uptrend.
CDT Trend
- Fundamental Metrics:
- The company's diluted earnings per share (EPS) is -$0.074, indicating a loss for the period.
- The gross profit margin is not provided, but the net income is -$5.38 million4, which suggests a significant loss that could impact the company's financial health.
- The price-to-earnings (P/E) ratio is -2.565, which is not a meaningful metric due to the negative earnings.
- The price-to-book (P/B) ratio is -2.435, which is also negative and suggests that the market value of the company is less than the value of its assets.
CDT Net Income, Diluted EPS
1/2
- Liquidity and Debt:
- The company has a negative free cash flow of $8.27 million6, 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.
Source:
1.
CDT premarket movers
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