For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $0.26 in the prior trading day, Cellectar Biosciences Inc (NASDAQ: CLRB) closed at $0.27, up 2.46%. In other words, the price has increased by $2.46 from its previous closing price. On the day, 1.22 million shares were traded. CLRB stock price reached its highest trading level at $0.274 during the session, while it also had its lowest trading level at $0.2501.
Ratios:
Our goal is to gain a better understanding of CLRB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.58 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 Jan 10 ’25 when Longcor Jarrod bought 30,000 shares for $0.28 per share. The transaction valued at 8,400 led to the insider holds 83,141 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, CLRB now has a Market Capitalization of 12473829 and an Enterprise Value of -8417981.
Stock Price History:
The Beta on a monthly basis for CLRB is 0.51, which has changed by -0.9189189 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, CLRB has reached a high of $3.51, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -11.56%, while the 200-Day Moving Average is calculated to be -77.11%.
Shares Statistics:
The stock has traded on average 1.12M shares per day over the past 3-months and 778100 shares per day over the last 10 days, according to various share statistics. A total of 46.08M shares are outstanding, with a floating share count of 45.31M. Insiders hold about 1.67% of the company’s shares, while institutions hold 11.68% stake in the company. Shares short for CLRB as of 1744675200 were 2263176 with a Short Ratio of 2.02, compared to 1741910400 on 2922794. Therefore, it implies a Short% of Shares Outstanding of 2263176 and a Short% of Float of 5.41.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
