Cadeler A/S (NYSE:CDLR - Get Free Report) shares traded down 2.9% during mid-day trading on Friday . The company traded as low as $20.10 and last traded at $20.27. 9,342 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 26,023 shares. The stock had previously closed at $20.86.
Cadeler A/S Stock Down 0.6 %
The business has a fifty day simple moving average of $23.08 and a 200-day simple moving average of $25.19. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 1.81.
Hedge Funds Weigh In On Cadeler A/S
Institutional investors and hedge funds have recently bought and sold shares of the company. Price Jennifer C. acquired a new position in Cadeler A/S in the 2nd quarter worth about $1,955,000. TT International Asset Management LTD increased its holdings in Cadeler A/S by 71.6% in the 3rd quarter. TT International Asset Management LTD now owns 246,173 shares of the company's stock worth $6,937,000 after purchasing an additional 102,712 shares in the last quarter. GAMMA Investing LLC acquired a new position in Cadeler A/S in the 4th quarter worth about $52,000. Encompass Capital Advisors LLC increased its stake in shares of Cadeler A/S by 1.2% in the second quarter. Encompass Capital Advisors LLC now owns 1,015,310 shares of the company's stock valued at $25,413,000 after buying an additional 11,638 shares during the period. Finally, BNP Paribas Financial Markets bought a new position in shares of Cadeler A/S during the third quarter worth about $248,000. Institutional investors and hedge funds own 53.03% of the company's stock.
Cadeler A/S Company Profile
(
Get Free Report)
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.
Read More
Before you consider Cadeler A/S, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cadeler A/S wasn't on the list.
While Cadeler A/S currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
