Celldex Therapeutics Inc. (NASDAQ: CLDX): Reassessing Prospects

Celldex Therapeutics Inc. (CLDX) concluded trading on Thursday at a closing price of $36.02, with 12.32 million shares of worth about $443.78 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.23% during that period and on September 25, 2024 the price saw a loss of about -12.06%. Currently the company’s common shares owned by public are about 66.29M shares, out of which, 64.21M shares are available for trading.

Stock saw a price change of -13.93% in past 5 days and over the past one month there was a price change of -4.46%. Year-to-date (YTD), CLDX shares are showing a performance of -9.18% which increased to 39.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.11 but also hit the highest price of $53.18 during that period. The average intraday trading volume for Celldex Therapeutics Inc. shares is 734.70K. The stock is currently trading -13.47% below its 20-day simple moving average (SMA20), while that difference is down -6.54% for SMA50 and it goes to -7.27% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Celldex Therapeutics Inc. (NASDAQ: CLDX) currently have 66.29M outstanding shares and institutions hold larger chunk of about 103.30% of that.

The stock has a current market capitalization of $2.39B and its 3Y-monthly beta is at 1.56. It has posted earnings per share of -$2.74 in the same period. It has Quick Ratio of 29.36 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CLDX, volatility over the week remained 16.70% while standing at 8.05% over the month.

Stock’s fiscal year EPS is expected to rise by 15.41% while it is estimated to decrease by -19.13% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on June 18, 2024 offering a Buy rating for the stock and assigned a target price of $58 to it. Coverage by Wolfe Research stated Celldex Therapeutics Inc. (CLDX) stock as an Outperform in their note to investors on June 11, 2024, suggesting a price target of $51 for the stock. On December 20, 2023, TD Cowen Initiated their recommendations, while on November 10, 2023, Wells Fargo Upgrade their ratings for the stock with a price target of $27. Stock get an Underweight rating from Wells Fargo on August 22, 2023.

Most Popular

Related Posts