NASDAQ:CVKD

Cadrenal Therapeutics (CVKD) Stock Price, News & Analysis

$0.48
-0.02 (-4.00%)
(As of 05/7/2024 ET)
Today's Range
$0.47
$0.51
50-Day Range
$0.39
$0.70
52-Week Range
$0.36
$3.14
Volume
144,630 shs
Average Volume
366,269 shs
Market Capitalization
$7.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.50

Cadrenal Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
629.2% Upside
$3.50 Price Target
Short Interest
Healthy
2.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.34) to ($0.31) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.21 out of 5 stars

CVKD stock logo

About Cadrenal Therapeutics Stock (NASDAQ:CVKD)

Cadrenal Therapeutics, Inc. operates as a clinical development biopharmaceutical company. The company focuses on developing Tecarfarin, a novel oral and reversible anticoagulant to prevent heart attacks, strokes, and deaths due to blood clots in patients with rare cardiovascular conditions requiring chronic anticoagulation, such as patients with left ventricular assist devices, end-stage kidney disease, atrial fibrillation, and thrombotic anti-phospholipid syndrome. Cadrenal Therapeutics, Inc. was incorporated in 2022 and is headquartered in Ponte Vedra, Florida.

CVKD Stock Price History

CVKD Stock News Headlines

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Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Cadrenal Therapeutics Inc CVKD
Cadrenal Therapeutics, Inc. (CVKD)
Cadrenal Therapeutics reports Q3 results
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
5/07/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CVKD
Fax
N/A
Employees
4
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.50
High Stock Price Target
$4.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+629.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-8,360,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.59 per share

Miscellaneous

Free Float
6,704,000
Market Cap
$7.68 million
Optionable
Not Optionable
Beta
1.64
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CVKD Stock Analysis - Frequently Asked Questions

Should I buy or sell Cadrenal Therapeutics stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cadrenal Therapeutics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CVKD shares.
View CVKD analyst ratings
or view top-rated stocks.

What is Cadrenal Therapeutics' stock price target for 2024?

2 brokerages have issued 1-year target prices for Cadrenal Therapeutics' stock. Their CVKD share price targets range from $3.00 to $4.00. On average, they predict the company's share price to reach $3.50 in the next year. This suggests a possible upside of 629.2% from the stock's current price.
View analysts price targets for CVKD
or view top-rated stocks among Wall Street analysts.

How have CVKD shares performed in 2024?

Cadrenal Therapeutics' stock was trading at $0.7399 at the beginning of the year. Since then, CVKD stock has decreased by 35.1% and is now trading at $0.48.
View the best growth stocks for 2024 here
.

Are investors shorting Cadrenal Therapeutics?

Cadrenal Therapeutics saw a increase in short interest in April. As of April 15th, there was short interest totaling 173,700 shares, an increase of 313.6% from the March 31st total of 42,000 shares. Based on an average daily volume of 421,400 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.0% of the shares of the company are sold short.
View Cadrenal Therapeutics' Short Interest
.

When is Cadrenal Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CVKD earnings forecast
.

How were Cadrenal Therapeutics' earnings last quarter?

Cadrenal Therapeutics, Inc. (NASDAQ:CVKD) announced its quarterly earnings data on Monday, March, 11th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.09) by $0.04.

When did Cadrenal Therapeutics IPO?

Cadrenal Therapeutics (CVKD) raised $7 million in an IPO on Friday, January 20th 2023. The company issued 1,400,000 shares at $5.00 per share.

How do I buy shares of Cadrenal Therapeutics?

Shares of CVKD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CVKD) was last updated on 5/7/2024 by MarketBeat.com Staff

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