Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.37 in the prior trading day, Cellectar Biosciences Inc (NASDAQ: CLRB) closed at $12.02M, up 3843091%. In other words, the price has increased by $3843091 from its previous closing price. On the day, 3.84 million shares were traded. CLRB stock price reached its highest trading level at $0.3598 during the session, while it also had its lowest trading level at $0.29.
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 2.47 and its Current Ratio is at 2.47. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 13446114 and an Enterprise Value of 1918084.
Stock Price History:
The Beta on a monthly basis for CLRB is 0.52, which has changed by -0.8986014 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, CLRB has reached a high of $3.15, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -1.49%, while the 200-Day Moving Average is calculated to be -66.59%.
Shares Statistics:
The stock has traded on average 12.02M shares per day over the past 3-months and 5461520 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 11.42% stake in the company. Shares short for CLRB as of 1748563200 were 1452424 with a Short Ratio of 0.12, compared to 1745971200 on 1562797. Therefore, it implies a Short% of Shares Outstanding of 1452424 and a Short% of Float of 3.1600002000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
