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

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After finishing at $0.24 in the prior trading day, Cellectar Biosciences Inc (NASDAQ: CLRB) closed at $0.24, up 0.54%. In other words, the price has increased by $0.54 from its previous closing price. On the day, 0.91 million shares were traded. CLRB stock price reached its highest trading level at $0.252 during the session, while it also had its lowest trading level at $0.235.

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 10049196 and an Enterprise Value of 59341328.

Stock Price History:

The Beta on a monthly basis for CLRB is 1.06, which has changed by -0.93406594 over the last 52 weeks, in comparison to a change of 0.23631513 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 $0.22. The 50-Day Moving Average of the stock is -75.52%, while the 200-Day Moving Average is calculated to be -88.83%.

Shares Statistics:

The stock has traded on average 2.39M shares per day over the past 3-months and 3708780 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 40.04M. Insiders hold about 2.97% of the company’s shares, while institutions hold 34.01% stake in the company. Shares short for CLRB as of 1730332800 were 1835227 with a Short Ratio of 0.79, 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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