Market Recap: Celcuity Inc (CELC)’s Positive Momentum, Closing at 12.55

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The closing price of Celcuity Inc (NASDAQ: CELC) was $12.55 for the day, up 0.24% from the previous closing price of $12.52. In other words, the price has increased by $0.24 from its previous closing price. On the day, 0.81 million shares were traded. CELC stock price reached its highest trading level at $12.69 during the session, while it also had its lowest trading level at $11.94.

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 10.36 and its Current Ratio is at 10.36. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.65.

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, Leerink Partners on July 22, 2024, initiated with a Outperform rating and assigned the stock a target price of $29.

On February 22, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $40.

On December 08, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $27.H.C. Wainwright initiated its Buy rating on December 08, 2023, with a $27 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 Oct 23 ’24 when Buller Richard E sold 350 shares for $16.25 per share. The transaction valued at 5,688 led to the insider holds 6,681 shares of the business.

Buller Richard E sold 350 shares of CELC for $5,932 on Aug 23 ’24. The Director now owns 7,031 shares after completing the transaction at $16.95 per share. On Aug 23 ’24, another insider, Buller Richard E, who serves as the Director of the company, bought 700 shares for $16.95 each.

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 465976480 and an Enterprise Value of 335917600.

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 $11.51. The 50-Day Moving Average of the stock is -12.45%, while the 200-Day Moving Average is calculated to be -22.28%.

Shares Statistics:

CELC traded an average of 252.00K shares per day over the past three months and 179440 shares per day over the past ten days. A total of 37.12M shares are outstanding, with a floating share count of 30.60M. Insiders hold about 17.59% of the company’s shares, while institutions hold 75.80% stake in the company. Shares short for CELC as of 1730332800 were 3488483 with a Short Ratio of 11.39, compared to 1727654400 on 3229806. Therefore, it implies a Short% of Shares Outstanding of 3488483 and a Short% of Float of 10.7700005.

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