In the last trading session, 2,509,279 shares of the Cleveland BioLabs, Inc.(NASDAQ:CBLI) were traded, and its beta was 0.91. Most recently the company’s share price was $6.93, and it changed around -$2.62 or -0.27% from the last close, which brings the market valuation of the company to $90.2 Million. CBLI currently trades at a discount to its 52-week high of $10.97, offering almost -58.3% off that amount. The share price’s 52-week low was $1.27, which indicates that the current value has risen by an impressive 81.67% since then. We note from Cleveland BioLabs, Inc.’s average daily trading volume that its 10-day average is 1.4 Million shares, with the 3-month average coming to 428.54 Million.
Cleveland BioLabs, Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 1 recommended CBLI as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. Cleveland BioLabs, Inc. is expected to report earnings per share of $0 for the current quarter.
Cleveland BioLabs, Inc. (NASDAQ:CBLI): Trading Information
Although CBLI has showed a red trend with a performance of -27.43% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $10.97 on Thursday, Feb 18 increased the stock’s daily price by 36.84%. The company’s shares are currently up 1.01% year-to-date, but still up 0.0251 over the last five days. On the other hand, Cleveland BioLabs, Inc. (NASDAQ:CBLI) is 0.85% up in the 30-day period. We can see from the shorts that 54.39 Million shares have been sold at a short interest cover period of 0.13 day(s).
The consensus price target as assigned by Wall Street analysts is $40, which translates to bears needing to increase their stock price by 477.2% from its current value. Analyst projections state that CBLI is forecast to be at a low of $40 and a high of $40. In order for the stock price to hit the forecast high, the stock would need to surge +477.2% from its current level, while the stock would need to crash 477.2% from its current level to reach the projected low.
Cleveland BioLabs, Inc. (CBLI) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -19%. Cleveland BioLabs, Inc. earnings are expected to increase by 26.7% in 2021, but the outlook is negative 0% per year for the next five years.
Cleveland BioLabs, Inc. (NASDAQ:CBLI)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 56.41% of Cleveland BioLabs, Inc. shares, and 6.67% of them are in the hands of institutional investors. The stock currently has a share float of 15.31%. Cleveland BioLabs, Inc. stock is held by 23 institutions, with Renaissance Technologies, LLC being the largest institutional investor. By Dec 30, 2020, it held 1.24% of the shares, which is about 165.65 Thousand shares worth $571.5 Thousand.
Vanguard Group, Inc. (The), with 0.39% or 52.59 Thousand shares worth $103.61 Thousand as of Sep 29, 2020, holds the second largest percentage of outstanding shares.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.