Balance Sheet Breakdown: Cellectar Biosciences Inc (CLRB)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $1.86 in the prior trading day, Cellectar Biosciences Inc (NASDAQ: CLRB) closed at $1.77, down -4.84%. In other words, the price has decreased by -$4.84 from its previous closing price. On the day, 1.35 million shares were traded. CLRB stock price reached its highest trading level at $1.9499 during the session, while it also had its lowest trading level at $1.66.

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 1.77 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.03 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 71802704 and an Enterprise Value of 59341328.

Stock Price History:

The Beta on a monthly basis for CLRB is 0.96, which has changed by -0.13084114 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. 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 -14.39%, while the 200-Day Moving Average is calculated to be -36.16%.

Shares Statistics:

The stock has traded on average 250.95K shares per day over the past 3-months and 359900 shares per day over the last 10 days, according to various share statistics. A total of 40.57M shares are outstanding, with a floating share count of 39.34M. Insiders hold about 3.02% of the company’s shares, while institutions hold 34.60% stake in the company. Shares short for CLRB as of 1730332800 were 1835227 with a Short Ratio of 7.31, compared to 1727654400 on 2203374. Therefore, it implies a Short% of Shares Outstanding of 1835227 and a Short% of Float of 5.06.

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