Analysts Offer Important Insight On Calidi Biotherapeutics Inc (CLDI)

Calidi Biotherapeutics Inc (AMEX:CLDI) concluded the trading at $1.55 on Thursday, November 07, with a rise of 6.90% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $1.45 and 5Y monthly beta was reading 0.575 with its price kept floating in the range of $1.461 and $1.55 on the day. Considering stock’s 52-week price range provides that CLDI hit a high price of $26.30 and saw its price falling to a low level of $0.73 during that period. Over a period of past 1-month, stock came adding 53.47% in its value.

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With its current market valuation of $18.10 million, Calidi Biotherapeutics Inc is set to declare its quarterly results in December. Analysts are in estimates of -0.85 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to -3.97 for current year with estimates of that growing to -0.9 in next year.

In contrast, when we review CLDI stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 50% Sell for it.

Digging deeper we become aware of the PEG ratio of the CLDI stock which is currently positioned at 0. It further provides that stock’s current price level is 32.52% away from its 20-day simple moving average and is 35.58% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 68.03 while volatility remained at 19.54% over the past week which changes to 18.52% when measuring it over the past month. Beta is valued at 0.68, while measure of average true range or ATR is currently at 0.18. In predicting price targets of as low as $2 and as high as $9, analysts are in agreement on assigning the stock over the next 12 months average price target of $5.5. Stock’s current price level is -29.03% above from estimated low price target while it is -480.65% below the estimated high; and even if the CLDI’s share succeeded to reach the median price of $5.5, then the outlook of -254.84% could come to the excitement of the investors.

Having a second look at Calidi Biotherapeutics Inc (AMEX:CLDI) provides that stock’s average daily trading volume for 3 months was 438.98K, while it jumped to 2219960 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 8.08 million.

The percentage of outstanding shares held by the insiders is 24.05% while it is 14.45% for the institutional holders. The figures also indicate that as of 2024-10-15, number of stock’s short shares was 0.11 million which implies a short ratio of 1.88. This shows down a 142.00 of Short Interest in company’s outstanding shares on the day. In October the standing of shares short improved as it was 0.28 million in the previous month. Subtraction of -89.74% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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