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Should Biotechnology Stock Cidara Therapeutics Inc (CDTX) Be in Your Portfolio Wednesday?

Wednesday, September 20, 2023 03:45 PM | InvestorsObserver Analysts

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Should Biotechnology Stock Cidara Therapeutics Inc (CDTX) Be in Your Portfolio Wednesday?

The 56 rating InvestorsObserver gives to Cidara Therapeutics Inc (CDTX) stock puts it near the top of the Biotechnology industry. In addition to scoring higher than 75 percent of stocks in the Biotechnology industry, CDTX’s 56 overall rating means the stock scores better than 56 percent of all stocks.

Overall Score - 56
CDTX has an Overall Score of 56. Find out what this means to you and get the rest of the rankings on CDTX!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 56 would rank higher than 56 percent of all stocks.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Cidara Therapeutics Inc Stock Today?

Cidara Therapeutics Inc (CDTX) stock has gained 9.52% while the S&P 500 has fallen -0.78% as of 3:44 PM on Wednesday, Sep 20. CDTX has risen $0.10 from the previous closing price of $1.05 on volume of 833,627 shares. Over the past year the S&P 500 has risen 14.35% while CDTX has risen 49.35%. CDTX lost -$0.16 per share the over the last 12 months. Click Here to get the full Stock Report for Cidara Therapeutics Inc stock.

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