There Is A Quest For Clarity Surrounding Candel Therapeutics Inc (NASDAQ: CADL) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Biotechnology industry segment, falling under the Healthcare sector. The current market capitalization of Candel Therapeutics Inc is $337.19M. A total of 2.64 million shares were traded on the day, compared to an average of 3.20M shares.

In the most recent transaction, Manning Paul B bought 1,250,000 shares of CADL for 6.00 per share on Dec 16 ’24. After the transaction, the Director now owns 1,303,752 company shares. In a previous transaction on Nov 29 ’24, Tyagarajan Seshu sold 20,392 shares at 4.56 per share. CADL shares that Chief Technology Officer owns now total 125,657.

Among the insiders who sold shares, Tak Paul Peter disposed of 48,847 shares on Nov 29 ’24 at a per-share price of $4.56. This resulted in the Chief Executive Officer holding 294,788 shares of CADL after the transaction. In another insider transaction, Nichols William Garrett sold 13,935 shares at $4.56 per share on Nov 29 ’24. Company shares held by the Chief Medical Officer now total 100,547.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CADL has a high of $14.60 and a low of $1.06.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CADL’s latest balance sheet shows that the firm has $82.64M in Cash & Short Term Investments as of fiscal 2021. There were $560.00k in debt and $5.36M in liabilities at the time. Its Book Value Per Share was -$0.47, while its Total Shareholder’s Equity was $64.14M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CADL is Buy with a score of 5.00.

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