Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Celldex Therapeutics Inc. (NASDAQ: CLDX) was $38.44 for the day, down -8.45% from the previous closing price of $41.99. In other words, the price has decreased by -$8.45 from its previous closing price. On the day, 2.87 million shares were traded. CLDX stock price reached its highest trading level at $39.22 during the session, while it also had its lowest trading level at $36.38.
Ratios:
Our analysis of CLDX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 31.77 and its Current Ratio is at 31.77. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 June 18, 2024, initiated with a Buy rating and assigned the stock a target price of $58.
On June 11, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $51.
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 Jun 14 ’24 when Crowley Elizabeth sold 30,000 shares for $34.87 per share. The transaction valued at 1,045,962 led to the insider holds 9,074 shares of the business.
Martin Samuel Bates sold 17,172 shares of CLDX for $608,315 on Jun 14 ’24. The SVP AND CFO now owns 28,125 shares after completing the transaction at $35.42 per share. On Jun 07 ’24, another insider, Young Diane C., who serves as the SVP, CHIEF MEDICAL OFFICER of the company, sold 45,000 shares for $35.26 each. As a result, the insider received 1,586,844 and left with 2,115 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 2533599488 and an Enterprise Value of 1945851904. For the stock, the TTM Price-to-Sale (P/S) ratio is 417.39 while its Price-to-Book (P/B) ratio in mrq is 3.02. Its current Enterprise Value per Revenue stands at 320.463 whereas that against EBITDA is -13.226.
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 4.15%, while the 200-Day Moving Average is calculated to be 5.08%.
Shares Statistics:
CLDX traded an average of 664.14K shares per day over the past three months and 899350 shares per day over the past ten days. A total of 65.91M shares are outstanding, with a floating share count of 64.43M. Insiders hold about 2.25% of the company’s shares, while institutions hold 104.45% stake in the company. Shares short for CLDX as of 1721001600 were 7390703 with a Short Ratio of 11.13, compared to 1718323200 on 6427891. Therefore, it implies a Short% of Shares Outstanding of 7390703 and a Short% of Float of 12.979999000000001.
