A new trading day began on Friday, with Cellectar Biosciences Inc (NASDAQ: CLRB) stock price down -3.43% from the previous day of trading, before settling in for the closing price of $0.25. CLRB’s price has ranged from $0.22 to $3.45 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 53.01%. With a float of $45.31 million, this company’s outstanding shares have now reached $46.08 million.
Let’s determine the extent of company efficiency that accounts for 11 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Cellectar Biosciences Inc (CLRB) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Cellectar Biosciences Inc is 1.67%, while institutional ownership is 11.42%. The most recent insider transaction that took place on Jan 10 ’25, was worth 8,400. In this transaction Chief Operating Officer of this company bought 30,000 shares at a rate of $0.28, taking the stock ownership to the 83,141 shares.
Cellectar Biosciences Inc (CLRB) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 53.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.07% during the next five years compared to 40.27% growth over the previous five years of trading.
Cellectar Biosciences Inc (NASDAQ: CLRB) Trading Performance Indicators
Here are Cellectar Biosciences Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.63 in one year’s time.
Technical Analysis of Cellectar Biosciences Inc (CLRB)
Looking closely at Cellectar Biosciences Inc (NASDAQ: CLRB), its last 5-days average volume was 0.89 million, which is a drop from its year-to-date volume of 1.36 million. As of the previous 9 days, the stock’s Stochastic %D was 35.90%. Additionally, its Average True Range was 0.02.
During the past 100 days, Cellectar Biosciences Inc’s (CLRB) raw stochastic average was set at 8.66%, which indicates a significant decrease from 21.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.34% in the past 14 days, which was higher than the 90.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2976, while its 200-day Moving Average is $1.0725. However, in the short run, Cellectar Biosciences Inc’s stock first resistance to watch stands at $0.2547. Second resistance stands at $0.2644. The third major resistance level sits at $0.2710. If the price goes on to break the first support level at $0.2384, it is likely to go to the next support level at $0.2318. Now, if the price goes above the second support level, the third support stands at $0.2221.
Cellectar Biosciences Inc (NASDAQ: CLRB) Key Stats
With a market capitalization of 11.29 million, the company has a total of 46,080K Shares Outstanding. Currently, annual sales are 0 K while annual income is -44,580 K. The company’s previous quarter sales were 0 K while its latest quarter income was -7,420 K.
