Closing Bell Recap: Clearside Biomedical Inc (CLSD) Ends at $0.9, Reflecting a -66.92% Downturn

Abby Carey

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

Clearside Biomedical Inc (NASDAQ: CLSD) closed the day trading at $0.9 down -66.92% from the previous closing price of $2.72. In other words, the price has decreased by -$66.92 from its previous closing price. On the day, 5.11 million shares were traded. CLSD stock price reached its highest trading level at $1.0499 during the session, while it also had its lowest trading level at $0.8.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 24 ’25 when Thorp Clay bought 15,000 shares for $0.92 per share. The transaction valued at 13,800 led to the insider holds 176,141 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLSD now has a Market Capitalization of 4710095 and an Enterprise Value of 59522060. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41. Its current Enterprise Value per Revenue stands at 17.88 whereas that against EBITDA is -2.63.

Stock Price History:

The Beta on a monthly basis for CLSD is 1.88, which has changed by -0.8320988 over the last 52 weeks, in comparison to a change of 0.09654534 over the same period for the S&P500. Over the past 52 weeks, CLSD has reached a high of $17.10, while it has fallen to a 52-week low of $2.54. The 50-Day Moving Average of the stock is -76.25%, while the 200-Day Moving Average is calculated to be -90.28%.

Shares Statistics:

Over the past 3-months, CLSD traded about 51.45K shares per day on average, while over the past 10 days, CLSD traded about 44760 shares per day. A total of 5.23M shares are outstanding, with a floating share count of 4.17M. Insiders hold about 20.29% of the company’s shares, while institutions hold 12.59% stake in the company. Shares short for CLSD as of 1761868800 were 84559 with a Short Ratio of 1.64, compared to 1759190400 on 143266. Therefore, it implies a Short% of Shares Outstanding of 84559 and a Short% of Float of 1.6400000000000001.

Earnings Estimates

At present, 1.0 analysts are actively evaluating the performance of Clearside Biomedical Inc (CLSD) in the stock market.The consensus estimate for the next quarter is -$0.98, with high estimates of -$0.6 and low estimates of -$1.35.

Analysts are recommending an EPS of between -$2.7 and -$6.3 for the fiscal current year, implying an average EPS of -$4.85. EPS for the following year is -$4.9, with 6.0 analysts recommending between -$2.25 and -$7.2.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for CLSD’s current fiscal year. The highest revenue estimate was $2.8M, while the lowest revenue estimate was $2.8M, resulting in an average revenue estimate of $2.8M. In the same quarter a year ago, actual revenue was $1.66M

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.