Cadeler A/S (NYSE:CDLR) Shares Gap Down - Time to Sell?

Key Points

• Cadeler A/S shares gapped down on Monday, opening at $19.20 after a previous close of $20.92, with the last traded price at $19.83.
• The company has a market capitalization of $1.75 billion and a price-to-earnings ratio of 24.37, indicating strong investor activity surrounding its stock.
• Institutional investors hold 53.03% of Cadeler A/S's stock, with significant stake increases reported from firms like Rhumbline Advisers and NBC Securities.

Cadeler A/S Sponsored ADR (NYSE:CDLR - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $20.92, but opened at $19.20. Cadeler A/S shares last traded at $19.83, with a volume of 35,612 shares changing hands.

Cadeler A/S Trading Up 0.8%

The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 24.47 and a beta of 0.29. The firm has a 50-day moving average of $20.88 and a 200 day moving average of $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 Inflows and Outflows

Several large investors have recently bought and sold shares of CDLR. JPMorgan Chase & Co. boosted its stake in Cadeler A/S by 3.9% during the fourth quarter. JPMorgan Chase & Co. now owns 73,958 shares of the company's stock valued at $1,651,000 after buying an additional 2,787 shares in the last quarter. Marshall Wace LLP bought a new position in Cadeler A/S during the fourth quarter valued at about $1,438,000. Stifel Financial Corp boosted its stake in Cadeler A/S by 27.7% during the fourth quarter. Stifel Financial Corp now owns 15,130 shares of the company's stock valued at $338,000 after buying an additional 3,284 shares in the last quarter. AYAL Capital Advisors Ltd boosted its stake in Cadeler A/S by 9.9% during the fourth quarter. AYAL Capital Advisors Ltd now owns 110,455 shares of the company's stock valued at $2,466,000 after buying an additional 9,989 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Cadeler A/S by 866.6% during the fourth quarter. Bank of America Corp DE now owns 54,119 shares of the company's stock valued at $1,208,000 after buying an additional 48,520 shares in the last quarter. Institutional investors own 53.03% of the company's stock.

About Cadeler A/S

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.