Investor’s Delight: Celcuity Inc (CELC) Closes Strong at 15.92, Up 0.95

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The closing price of Celcuity Inc (NASDAQ: CELC) was $15.92 for the day, up 0.95% from the previous closing price of $15.77. In other words, the price has increased by $0.95 from its previous closing price. On the day, 0.67 million shares were traded. CELC stock price reached its highest trading level at $16.025 during the session, while it also had its lowest trading level at $14.63.

Ratios:

Our analysis of CELC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 13.43 and its Current Ratio is at 13.43. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.27.

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 this company, Stifel on February 22, 2024, initiated with a Buy rating and assigned the stock a target price of $40.

On December 08, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $27.

On October 08, 2021, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $50.Canaccord Genuity initiated its Buy rating on October 08, 2021, with a $50 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 Apr 24 ’24 when Buller Richard E sold 350 shares for $17.06 per share. The transaction valued at 5,971 led to the insider holds 7,731 shares of the business.

Buller Richard E sold 350 shares of CELC for $4,952 on Feb 21 ’24. The Director now owns 8,081 shares after completing the transaction at $14.15 per share. On Dec 20 ’23, another insider, Buller Richard E, who serves as the Director of the company, sold 350 shares for $14.37 each. As a result, the insider received 5,030 and left with 8,431 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CELC now has a Market Capitalization of 484813344 and an Enterprise Value of 341678048.

Stock Price History:

Over the past 52 weeks, CELC has reached a high of $22.19, while it has fallen to a 52-week low of $8.39. The 50-Day Moving Average of the stock is -9.66%, while the 200-Day Moving Average is calculated to be 20.38%.

Shares Statistics:

CELC traded an average of 220.27K shares per day over the past three months and 221550 shares per day over the past ten days. A total of 25.51M shares are outstanding, with a floating share count of 20.66M. Insiders hold about 32.17% of the company’s shares, while institutions hold 42.29% stake in the company. Shares short for CELC as of 1713139200 were 1846046 with a Short Ratio of 8.38, compared to 1710460800 on 2006672. Therefore, it implies a Short% of Shares Outstanding of 1846046 and a Short% of Float of 7.1499999999999995.

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