Daily Market Movement: Celularity Inc (CELU) Sees a 11.99 Increase, Closing at 3.83

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The closing price of Celularity Inc (NASDAQ: CELU) was $3.83 for the day, up 11.99% from the previous closing price of $3.42. In other words, the price has increased by $11.99 from its previous closing price. On the day, 0.72 million shares were traded. CELU stock price reached its highest trading level at $4.0999 during the session, while it also had its lowest trading level at $3.26.

Ratios:

Our analysis of CELU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.26. In the meantime, Its Debt-to-Equity ratio is 2.42 whereas as Long-Term Debt/Eq ratio is at 0.95.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on January 30, 2023, Downgraded its rating to Underweight and sets its target price to $1 from $5 previously.

On June 22, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $15.H.C. Wainwright initiated its Buy rating on June 22, 2022, with a $15 target price.

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 12 ’24 when Lim Kok Thay bought 21,410,983 shares for $0.25 per share. The transaction valued at 5,331,335 led to the insider holds 51,473,762 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CELU now has a Market Capitalization of 84201016 and an Enterprise Value of 96040688. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 3.02. Its current Enterprise Value per Revenue stands at 2.865 whereas that against EBITDA is -2.123.

Stock Price History:

Over the past 52 weeks, CELU has reached a high of $7.97, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is 50.33%, while the 200-Day Moving Average is calculated to be 12.62%.

Shares Statistics:

CELU traded an average of 877.21K shares per day over the past three months and 5586780 shares per day over the past ten days. A total of 19.38M shares are outstanding, with a floating share count of 10.75M. Insiders hold about 51.12% of the company’s shares, while institutions hold 11.30% stake in the company. Shares short for CELU as of 1728950400 were 680541 with a Short Ratio of 0.85, compared to 1726185600 on 682298. Therefore, it implies a Short% of Shares Outstanding of 680541 and a Short% of Float of 10.39.

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