Cadeler A/S (NYSE:CDLR) Hits New 52-Week High – What’s Next?

Cadeler A/S Sponsored ADR (NYSE:CDLR)’s share price reached a new 52-week high on Monday . The stock traded as high as $25.41 and last traded at $25.2950, with a volume of 29309 shares trading hands. The stock had previously closed at $24.43.

Analyst Ratings Changes

A number of research firms have weighed in on CDLR. Weiss Ratings restated a “hold (c)” rating on shares of Cadeler A/S in a report on Wednesday, January 21st. Pareto Securities raised shares of Cadeler A/S to a “hold” rating in a research report on Tuesday, November 18th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Cadeler A/S Stock Down 0.1%

The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.06 and a current ratio of 1.07. The business’s 50 day moving average price is $20.58 and its 200 day moving average price is $20.11. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 7.50 and a beta of 0.19.

Hedge Funds Weigh In On Cadeler A/S

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Invesco Ltd. purchased a new stake in shares of Cadeler A/S in the 2nd quarter valued at approximately $4,555,000. Marshall Wace LLP raised its holdings in Cadeler A/S by 30.7% in the second quarter. Marshall Wace LLP now owns 85,440 shares of the company’s stock valued at $1,698,000 after acquiring an additional 20,079 shares in the last quarter. Diametric Capital LP purchased a new stake in shares of Cadeler A/S during the 2nd quarter worth $391,000. Cetera Investment Advisers purchased a new stake in Cadeler A/S during the 2nd quarter worth about $375,000. Finally, ABC Arbitrage SA acquired a new position in Cadeler A/S in the fourth quarter valued at approximately $272,000. 53.03% of the stock is currently owned by institutional investors and hedge funds.

About Cadeler A/S

Cadeler A/S is a Denmark-based specialist in offshore wind turbine installation and related services. The company operates a fleet of dynamically positioned (DP3) self-propelled jack-up vessels designed for the transportation, installation and commissioning of foundation structures, turbine towers, nacelles and blades. Cadeler’s capabilities encompass project planning, logistics coordination and offshore operations, enabling wind farm developers to deploy large-scale turbines in challenging marine environments.

The company’s two flagship vessels, Wind Orca and Wind Osprey, are equipped to work in water depths of up to 70 meters and to handle the installation of next-generation turbines.