CADL NASDAQ
Credit Risk of going bust: higher than 54% of companies Debt: 7.3% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.09 (down 99%), Candel Therapeutics, Inc. would be worth roughly what it owes.
Total debt $49.5M against a stock market value of $631.3M.
Distance to default 4.70 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $23.9M (short-term plus half of long-term), stock volatility 69.0%; Altman Z'' 0.59. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Needham, MA 02494
US
Candel Therapeutics, Inc. is a clinical-stage biopharmaceutical firm based in Needham, Massachusetts, dedicated to developing innovative immunotherapies for cancer patients. Its pipeline features CAN-2409, which is presently in Phase II clinical trials for pancreatic and lung cancers, and has progressed to Phase III for prostate cancer. This therapy also successfully completed Phase Ib/II trials for high-grade glioma. Furthermore, the company is advancing CAN-3110, an investigational therapy currently in Phase I clinical trials for recurrent glioblastoma. Established in 2003, the company operated as Advantagene, Inc. until November 2020, when it rebranded as Candel Therapeutics, Inc.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Loggia Nicoletta | A-Award | 380 | $10.44 | 2026-09-30 |
| PAPA JOSEPH C | A-Award | 1,325 | $10.44 | 2026-09-30 |
| Manning Paul B | A-Award | 2,189 | $10.44 | 2026-09-30 |
| Tak Paul Peter | S-Sale | 59,379 | $10.46 | 2026-09-11 |
| Tak Paul Peter | S-Sale | 220,866 | $11.50 | 2026-09-10 |