Shares of Cadeler A/S (NYSE:CDLR - Get Free Report) saw strong trading volume on Friday . 14,424 shares traded hands during mid-day trading, an increase of 42% from the previous session's volume of 10,159 shares.The stock last traded at $23.00 and had previously closed at $22.95.
Cadeler A/S Stock Performance
The company has a fifty day simple moving average of $24.10 and a 200 day simple moving average of $25.41. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.49.
Institutional Trading of Cadeler A/S
Several institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new position in Cadeler A/S during the 4th quarter worth approximately $52,000. BNP Paribas Financial Markets acquired a new position in Cadeler A/S in the third quarter valued at $248,000. Trium Capital LLP boosted its position in Cadeler A/S by 39.5% during the second quarter. Trium Capital LLP now owns 16,363 shares of the company's stock valued at $410,000 after acquiring an additional 4,636 shares during the last quarter. Price Jennifer C. acquired a new stake in Cadeler A/S during the 2nd quarter worth about $1,955,000. Finally, JPMorgan Chase & Co. raised its position in shares of Cadeler A/S by 19.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,171 shares of the company's stock worth $2,006,000 after acquiring an additional 11,483 shares in the last quarter. 53.03% of the stock is currently owned by institutional investors.
Cadeler A/S Company Profile
(
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Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm construction, maintenance, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels.
Further Reading
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