Calidi Biotherapeutics Inc (AMEX:CLDI) traded at $1.32 at close of the session on Monday, November 04 and made a downward move of -2.22% on its previous day’s price.
Looking at the stock we see that its previous close was $1.35 and the beta (5Y monthly) reads 0.604 with the day’s price range being $1.1501 – $1.37. In terms of its 52-week price range, CLDI has a high of $26.30 and a low of $0.73. The company’s stock has gained about 24.53% over that past 30 days.
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Calidi Biotherapeutics Inc has a market cap of $17.64 million and is expected to release its quarterly earnings report in December. Estimates by analysts give the company expected earnings per share (EPS) of -0.85, with the EPS growth for the year raised at -3.97 for current year and -3.97 for next year.
On the other hand, looking at the outlook for the CLDI stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 19.39% off its SMA20 and 17.56% from its 50-day simple moving average. The RSI (14) is pointing at 59.56 while the volatility over the past week is 18.38% and jumps to 17.17% over the past one month. The beta value is 0.57, while the average true range (ATR) is currently pointing at 0.17. The average price target for the stock over the next 12 months is $5.5, with the estimates having a low of $2 and a high of $9. These price ends are -51.52% and -581.82% off the current price level respectively, although investors could be excited at the prospect of a -316.67% if the CLDI share price touches on the median price of $5.5.
Coming back to Calidi Biotherapeutics Inc (AMEX:CLDI), we note that the average 3-month trading volume was 353.17K, while that of the preceding 10-day period stands at 1.74 million. Current shares outstanding are 8.08 million.
The insiders hold 24.05% of the company’s shares while institutions hold 14.45%. The data shows that short shares as of 2024-10-15, stood at 0.11 million at a short ratio of 1.88. This represents a 142.00 short interest in shares outstanding on 2024-10-15. Shares short fall in October from the previous month at 0.28 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -91.26% down in year-to-date price movement.
