Celsion Corporation (NASDAQ:CLSN) has a beta value of 2.46 and has seen 2,108,837 shares traded in the last trading session. The company, currently valued at $123.91 Million, closed the last trade at $3.73 per share which meant it lost -$0.3 on the day or -8.58% during that session. The CLSN stock price is -74.26% off its 52-week high price of $6.5 and 81.5% above the 52-week low of $0.69. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.2 Million shares traded. The 3-month trading volume is 2.14 Million shares.
The consensus among analysts is that Celsion Corporation (CLSN) is a Buy stock at the moment, with a recommendation rating of 1.7. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 4 have rated it as a Hold, with 4 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.13.
Celsion Corporation (NASDAQ:CLSN) trade information
Despite being -8.58% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the CLSN stock price touched $4.50-1 or saw a rise of 17.11%. Year-to-date, Celsion Corporation shares have moved 118.13%, while the 5-day performance has seen it change -10.98%. Over the past 30 days, the shares of Celsion Corporation (NASDAQ:CLSN) have changed 24.33%. Short interest in the company has seen 1.33 Million shares shorted with days to cover at 0.62.
Wall Street analysts have a consensus price target for the stock at $7.6, which means that the shares’ value could jump 103.75% from current levels. The projected low price target is $4.41 while the price target rests at a high of $9. In that case, then, we find that the current price level is +141.29% off the targeted high while a plunge would see the stock lose 18.23% from current levels.
Celsion Corporation (CLSN) estimates and forecasts
Figures show that Celsion Corporation shares have underperformed across the wider relevant industry. The company’s shares have gained +128.83% over the past 6 months, with this year growth rate of -38.46%, compared to 9.2% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 55.2% and 44% for the next quarter. Revenue growth from the last financial year stood is estimated to be -18%.
4 analysts offering their estimates for the company have set an average revenue estimate of $90Million for the current quarter. 4 have an estimated revenue figure of $90Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $125Million and $125Million respectively for this quarter and the next, and analysts expect sales will grow by -28% for the current quarter and -28% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +47.5% over the past 5 years. Earnings growth for 2020 is a modest -14.2% while over the next 5 years, the company’s earnings are expected to increase by 0%.