Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Cellectar Biosciences Inc (NASDAQ: CLRB) was $0.24 for the day, down -9.13% from the previous closing price of $0.26. In other words, the price has decreased by -$9.13 from its previous closing price. On the day, 1.42 million shares were traded.
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 2.58 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
Stock Price History:
Over the past 52 weeks, CLRB has reached a high of $3.49, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -20.19%, while the 200-Day Moving Average is calculated to be -78.22%.
Shares Statistics:
A total of 46.08M shares are outstanding, with a floating share count of 45.31M. Insiders hold about 1.67% of the company’s shares, while institutions hold 11.58% stake in the company.
Earnings Estimates
Cellectar Biosciences Inc (CLRB) is presently subject to a detailed evaluation by 1.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.52 and -$0.52 for the fiscal current year, implying an average EPS of -$0.52. EPS for the following year is -$0.82, with 4.0 analysts recommending between -$0.48 and -$1.31.
