Cidara Therapeutics Stock Today

CDTX Stock  USD 20.20  0.61  3.11%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 6

 
High
 
Low
Low
Cidara Therapeutics is trading at 20.20 as of the 28th of November 2024; that is 3.11 percent increase since the beginning of the trading day. The stock's open price was 19.59. Cidara Therapeutics has only a 6 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for Cidara Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
15th of April 2015
Category
Healthcare
Classification
Health Care
Cidara Therapeutics, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of long-acting anti-infectives for the treatment and prevention of infectious diseases and oncology in the United States. Cidara Therapeutics, Inc. The company has 10.94 M outstanding shares of which 49.83 K shares are currently shorted by private and institutional investors with about 3.88 trading days to cover. More on Cidara Therapeutics

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Cidara Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentJeffrey Stein
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.550.9534
Way Down
Slightly volatile
Total Current Liabilities70.8 M67.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total8.5 M7.8 M
Significantly Up
Slightly volatile
Total Assets71.9 M67 M
Notably Up
Slightly volatile
Total Current Assets69.2 M60.9 M
Fairly Up
Slightly volatile
Debt Levels
Cidara Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cidara Therapeutics' financial leverage. It provides some insight into what part of Cidara Therapeutics' total assets is financed by creditors.
Liquidity
Cidara Therapeutics currently holds 4.88 M in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. Cidara Therapeutics has a current ratio of 1.89, which is within standard range for the sector. Note, when we think about Cidara Therapeutics' use of debt, we should always consider it together with its cash and equity.

Total Cash From Financing Activities

27.61 Million
Cidara Therapeutics (CDTX) is traded on NASDAQ Exchange in USA. It is located in 6310 Nancy Ridge Drive, San Diego, CA, United States, 92121 and employs 69 people. Cidara Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 220.97 M. Cidara Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 10.94 M outstanding shares of which 49.83 K shares are currently shorted by private and institutional investors with about 3.88 trading days to cover. Cidara Therapeutics currently holds about 53.08 M in cash with (22.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74.
Check Cidara Therapeutics Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Cidara Therapeutics is $220.97 Million. Over half of Cidara Therapeutics' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Cidara Ownership Details

Cidara Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-09-30
31.8 K
Schonfeld Strategic Advisors Llc2024-09-30
19.5 K
State Street Corp2024-06-30
13.6 K
U.s. Bancorp2024-06-30
13.1 K
Ubs Group Ag2024-06-30
1.5 K
Acadian Asset Management Llc2024-06-30
855
Tower Research Capital Llc2024-06-30
746
Manchester Capital Management Llc2024-09-30
470
Pacifica Partners Inc2024-09-30
400
Ra Capital Management, Llc2024-09-30
703.1 K
Bain Capital Life Sciences Investors, Llc2024-09-30
703.1 K
View Cidara Therapeutics Diagnostics

Cidara Therapeutics Historical Income Statement

At this time, Cidara Therapeutics' Total Other Income Expense Net is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 204 K in 2024, whereas Interest Expense is likely to drop slightly above 210.4 K in 2024. View More Fundamentals

Cidara Stock Against Markets

Cidara Therapeutics Corporate Management

Carol WaldoVP AssuranceProfile
James BalkovecVP ResearchProfile
Taylor SandisonActing Chief Medical OfficerProfile
SPHR CCPSenior CultureProfile
Jim MBAChief OfficerProfile

Additional Tools for Cidara Stock Analysis

When running Cidara Therapeutics' price analysis, check to measure Cidara Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cidara Therapeutics is operating at the current time. Most of Cidara Therapeutics' value examination focuses on studying past and present price action to predict the probability of Cidara Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cidara Therapeutics' price. Additionally, you may evaluate how the addition of Cidara Therapeutics to your portfolios can decrease your overall portfolio volatility.