Cadeler A/S (NYSE:CDLR) Sees Large Volume Increase – Here’s What Happened

Shares of Cadeler A/S (NYSE:CDLR) saw unusually-strong trading volume on Wednesday . Approximately 36,938 shares traded hands during trading, an increase of 31% from the previous session’s volume of 28,128 shares.The stock last traded at $18.63 and had previously closed at $17.81.

Cadeler A/S Stock Up 3.1 %

The company has a fifty day moving average of $20.58 and a two-hundred day moving average of $23.92. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.81 and a current ratio of 1.82.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in shares of Cadeler A/S in the fourth quarter valued at approximately $52,000. BNP Paribas Financial Markets bought a new stake in shares of Cadeler A/S during the 3rd quarter valued at approximately $248,000. Apriem Advisors increased its holdings in shares of Cadeler A/S by 3.5% during the fourth quarter. Apriem Advisors now owns 15,000 shares of the company’s stock worth $335,000 after buying an additional 512 shares in the last quarter. Stifel Financial Corp raised its position in Cadeler A/S by 27.7% in the fourth quarter. Stifel Financial Corp now owns 15,130 shares of the company’s stock valued at $338,000 after purchasing an additional 3,284 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in Cadeler A/S during the 4th quarter worth approximately $435,000. 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.