The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $7.11 in the prior trading day, Cellectar Biosciences Inc (NASDAQ: CLRB) closed at $4.86, down -31.65%. In other words, the price has decreased by -$31.65 from its previous closing price. On the day, 0.86 million shares were traded. CLRB stock price reached its highest trading level at $5.3995 during the session, while it also had its lowest trading level at $4.36.
Ratios:
Our goal is to gain a better understanding of CLRB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.47 and its Current Ratio is at 2.47. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 Jan 10 ’25 when Longcor Jarrod bought 30,000 shares for $0.28 per share. The transaction valued at 8,400 led to the insider holds 83,141 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, CLRB now has a Market Capitalization of 12883617 and an Enterprise Value of -607105.
Stock Price History:
The Beta on a monthly basis for CLRB is 0.51, which has changed by -0.93441296 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, CLRB has reached a high of $94.50, while it has fallen to a 52-week low of $6.50. The 50-Day Moving Average of the stock is -44.66%, while the 200-Day Moving Average is calculated to be -79.96%.
Shares Statistics:
The stock has traded on average 416.28K shares per day over the past 3-months and 225237 shares per day over the last 10 days, according to various share statistics. A total of 1.81M shares are outstanding, with a floating share count of 1.78M. Insiders hold about 1.67% of the company’s shares, while institutions hold 9.68% stake in the company. Shares short for CLRB as of 1749772800 were 68717 with a Short Ratio of 0.17, compared to 1747267200 on 79655. Therefore, it implies a Short% of Shares Outstanding of 68717 and a Short% of Float of 4.4899996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
