Cadeler A/S Sponsored ADR (NYSE:CDLR - Get Free Report)'s stock price was down 2.2% during trading on Friday . The stock traded as low as $20.30 and last traded at $20.49. Approximately 31,910 shares changed hands during trading, a decline of 19% from the average daily volume of 39,438 shares. The stock had previously closed at $20.96.
Cadeler A/S Stock Performance
The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 24.99 and a beta of 0.29. The stock's 50 day moving average price is $20.83 and its 200 day moving average price is $20.18. The company has a current ratio of 1.19, a quick ratio of 1.17 and a debt-to-equity ratio of 0.82.
Institutional Investors Weigh In On Cadeler A/S
Several large investors have recently made changes to their positions in CDLR. Rhumbline Advisers raised its stake in Cadeler A/S by 45.2% in the first quarter. Rhumbline Advisers now owns 2,167 shares of the company's stock valued at $43,000 after buying an additional 675 shares during the period. GAMMA Investing LLC increased its holdings in shares of Cadeler A/S by 288.5% during the 1st quarter. GAMMA Investing LLC now owns 9,024 shares of the company's stock worth $177,000 after acquiring an additional 6,701 shares during the last quarter. Stifel Financial Corp raised its stake in Cadeler A/S by 27.7% in the 4th quarter. Stifel Financial Corp now owns 15,130 shares of the company's stock valued at $338,000 after acquiring an additional 3,284 shares during the period. OLD Mission Capital LLC acquired a new stake in Cadeler A/S during the 4th quarter valued at $435,000. Finally, NBC Securities Inc. lifted its holdings in Cadeler A/S by 148,926.9% during the 1st quarter. NBC Securities Inc. now owns 38,747 shares of the company's stock valued at $761,000 after purchasing an additional 38,721 shares during the last quarter. Institutional investors and hedge funds own 53.03% of the company's stock.
Cadeler A/S Company Profile
(
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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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