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After finishing at $37.02 in the prior trading day, Celldex Therapeutics Inc. (NASDAQ: CLDX) closed at $36.26, down -2.05%. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 1.02 million shares were traded. CLDX stock price reached its highest trading level at $37.155 during the session, while it also had its lowest trading level at $35.86.
Ratios:
Our goal is to gain a better understanding of CLDX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.87 and its Current Ratio is at 13.87. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On November 10, 2023, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight but kept the price unchanged to $27.
On August 22, 2023, Wells Fargo started tracking the stock assigning a Underweight rating and target price of $21.Wells Fargo initiated its Underweight rating on August 22, 2023, with a $21 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLDX now has a Market Capitalization of 2432164864 and an Enterprise Value of 1605902592. For the stock, the TTM Price-to-Sale (P/S) ratio is 339.52 while its Price-to-Book (P/B) ratio in mrq is 4.72. Its current Enterprise Value per Revenue stands at 233.314 whereas that against EBITDA is -11.55.
Stock Price History:
Over the past 52 weeks, CLDX has reached a high of $53.18, while it has fallen to a 52-week low of $22.11. The 50-Day Moving Average of the stock is -13.56%, while the 200-Day Moving Average is calculated to be 5.65%.
Shares Statistics:
The stock has traded on average 935.80K shares per day over the past 3-months and 573280 shares per day over the last 10 days, according to various share statistics. A total of 64.42M shares are outstanding, with a floating share count of 62.84M. Insiders hold about 2.46% of the company’s shares, while institutions hold 94.38% stake in the company. Shares short for CLDX as of 1713139200 were 6749943 with a Short Ratio of 7.21, compared to 1710460800 on 5897116. Therefore, it implies a Short% of Shares Outstanding of 6749943 and a Short% of Float of 11.78.
