Why is the Codan share price slumping?

Learn More The Codan Limited ( ASX: CDA) share price is slumping during afternoon trade after spending most of the morning in the green. This comes after the technology company announced to investors that it has secured a significant contract. At the time of writing, Codan shares are swapping hands for $11.62, down a sizeable 13.8%.

What is the share price of Codan Limited (CDA)?

Current share price for CDA : $10.660 0.22 (2.02%) Codan Limited (ASX:CDA), an ASX-listed company, is an international company that develops rugged and reliable electronics solutions for government, corporate, NGO and consumer markets across the globe. Prices as at 16:40, 12 Apr 2024

How much are Codan shares worth today?

The company's shares are now hovering towards the bottom end of their 52-week range between $9.20 and $19.43. Based on today's price, Codan commands a market capitalisation of roughly $2.1 billion and has approximately 180.8 million shares outstanding.