Cadeler A/S (NYSE:CDLR) Sets New 1-Year High at $24.21

Shares of Cadeler A/S (NYSE:CDLRGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $24.21 and last traded at $23.52, with a volume of 50359 shares. The stock had previously closed at $23.66.

Cadeler A/S Trading Up 1.8 %

The company has a quick ratio of 2.72, a current ratio of 2.75 and a debt-to-equity ratio of 0.21. The stock has a fifty day moving average of $19.38.

Institutional Investors Weigh In On Cadeler A/S

Hedge funds and other institutional investors have recently bought and sold shares of the business. NBC Securities Inc. bought a new stake in shares of Cadeler A/S in the 4th quarter valued at approximately $331,000. Privium Fund Management UK Ltd bought a new stake in shares of Cadeler A/S in the 4th quarter valued at approximately $1,337,000. Cowen AND Company LLC acquired a new position in Cadeler A/S during the 4th quarter valued at approximately $1,566,000. Pale Fire Capital SE acquired a new position in Cadeler A/S during the 4th quarter valued at approximately $2,803,000. Finally, TT International Asset Management LTD acquired a new position in Cadeler A/S during the 4th quarter valued at approximately $2,804,000. 53.03% of the stock is currently owned by hedge funds and other institutional investors.

About Cadeler A/S

(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.

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