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After finishing at $32.86 in the prior trading day, Celldex Therapeutics Inc. (NASDAQ: CLDX) closed at $33.20, up 1.03%. In other words, the price has increased by $1.03 from its previous closing price. On the day, 1.37 million shares were traded. CLDX stock price reached its highest trading level at $33.315 during the session, while it also had its lowest trading level at $31.22.
Ratios:
Our goal is to gain a better understanding of CLDX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 29.36 and its Current Ratio is at 29.36. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On June 18, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $58.
On June 11, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $51.Wolfe Research initiated its Outperform rating on June 11, 2024, with a $51 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 14 ’24 when Martin Samuel Bates sold 17,172 shares for $35.42 per share. The transaction valued at 608,315 led to the insider holds 28,125 shares of the business.
Crowley Elizabeth sold 30,000 shares of CLDX for $1,045,962 on Jun 14 ’24. The SR. VP & CPDO now owns 9,074 shares after completing the transaction at $34.87 per share. On Jun 07 ’24, another insider, Crowley Elizabeth, who serves as the SR. VP & CPDO of the company, sold 15,000 shares for $35.06 each. As a result, the insider received 525,873 and left with 9,074 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, CLDX now has a Market Capitalization of 2200748288 and an Enterprise Value of 1400816128. For the stock, the TTM Price-to-Sale (P/S) ratio is 265.16 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 168.712 whereas that against EBITDA is -8.745.
Stock Price History:
Over the past 52 weeks, CLDX has reached a high of $53.18, while it has fallen to a 52-week low of $22.11. The 50-Day Moving Average of the stock is -13.42%, while the 200-Day Moving Average is calculated to be -14.60%.
Shares Statistics:
The stock has traded on average 955.67K shares per day over the past 3-months and 2403600 shares per day over the last 10 days, according to various share statistics. A total of 66.29M shares are outstanding, with a floating share count of 64.21M. Insiders hold about 3.14% of the company’s shares, while institutions hold 103.30% stake in the company. Shares short for CLDX as of 1726185600 were 8410054 with a Short Ratio of 8.80, compared to 1723680000 on 8661767. Therefore, it implies a Short% of Shares Outstanding of 8410054 and a Short% of Float of 14.680000000000001.
