Analytical Lens: Exploring Cellectar Biosciences Inc (CLRB)’s Financial Story Through Ratios

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

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

The closing price of Cellectar Biosciences Inc (NASDAQ: CLRB) was $2.11 for the day, up 1.93% from the previous closing price of $2.07. In other words, the price has increased by $1.93 from its previous closing price. On the day, 0.55 million shares were traded. CLRB stock price reached its highest trading level at $2.16 during the session, while it also had its lowest trading level at $2.01.

Ratios:

Our analysis of CLRB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

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 85595312 and an Enterprise Value of 69482960.

Stock Price History:

Over the past 52 weeks, CLRB has reached a high of $4.45, while it has fallen to a 52-week low of $1.82. The 50-Day Moving Average of the stock is 1.21%, while the 200-Day Moving Average is calculated to be -25.65%.

Shares Statistics:

CLRB traded an average of 247.75K shares per day over the past three months and 201570 shares per day over the past ten days. A total of 40.57M shares are outstanding, with a floating share count of 39.25M. Insiders hold about 3.24% of the company’s shares, while institutions hold 31.19% stake in the company. Shares short for CLRB as of 1728950400 were 1959257 with a Short Ratio of 7.91, compared to 1726185600 on 1615205. Therefore, it implies a Short% of Shares Outstanding of 1959257 and a Short% of Float of 6.2.

Most Popular