Sale by Les Tari of 18469 shares of Cidara Therapeutics

CDTX Stock  USD 18.58  0.48  2.65%   
Slightly above 54% of Cidara Therapeutics' investors are presently thinking to get in. The analysis of the overall investor sentiment regarding Cidara Therapeutics suggests that some traders are interested. Cidara Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Cidara Therapeutics' earnings reports, geopolitical events, and overall market trends.
  
Filed transaction by Cidara Therapeutics Inc officer. General open market or private sale of non-derivative or derivative security

Read at macroaxis.com
Cidara insider trading alert for sale of common stock by Les Tari, CHIEF SCIENTIFIC OFFICER, on 13th of September 2023. This event was filed by Cidara Therapeutics Inc with SEC on 2023-09-13. Statement of changes in beneficial ownership - SEC Form 4. Les Tari currently serves as vice president - discovery research of Cidara Therapeutics

Cidara Therapeutics Fundamental Analysis

We analyze Cidara Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cidara Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cidara Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Valuation

Current Valuation Comparative Analysis

Cidara Therapeutics is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Cidara Therapeutics Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cidara Therapeutics stock to make a market-neutral strategy. Peer analysis of Cidara Therapeutics could also be used in its relative valuation, which is a method of valuing Cidara Therapeutics by comparing valuation metrics with similar companies.

Additional Tools for Cidara Stock Analysis

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