In last trading session, Celsion Corporation (NASDAQ:CLSN) saw 1.69 million shares changing hands with its beta currently measuring 1.89. Company’s recent per share price level of $0.45 trading at -$0.05 or -9.62% at ring of the bell on the day assigns it a market valuation of $39.35M. That closing price of CLSN’s stock is at a discount of -673.33% from its 52-week high price of $3.48 and is indicating a discount of -8.89% from its 52-week low price of $0.49. Taking a look at company’s average trading volume of 759.81K if we extend that period to 3-months.
For Celsion Corporation (CLSN), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.06 in the current quarter.
Celsion Corporation (NASDAQ:CLSN) trade information
Upright in the red during last session for losing -9.62%, in the last five days CLSN remained trading in the red while hitting it’s week-highest on Monday, 01/10/22 when the stock touched $0.45 price level, adding 18.14% to its value on the day. Celsion Corporation’s shares saw a change of -16.30% in year-to-date performance and have moved -14.31% in past 5-day. Celsion Corporation (NASDAQ:CLSN) showed a performance of -27.91% in past 30-days.
Wall Street analysts have assigned a consensus price target of $3.00 to the stock, which implies a rise of 85.0% to its current value. Analysts have been projecting $3.00 as a low price target for the stock while placing it at a high target of $3.00. It follows that stock’s current price would drop -566.67% in reaching the projected high whereas dropping to the targeted low would mean a loss of -566.67% for stock’s current value.
Celsion Corporation (CLSN) estimates and forecasts
Statistics highlight that Celsion Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -56.95% of value to its shares in past 6 months, showing an annual growth rate of 65.67% while that of industry is 7.90. Apart from that, the company came raising its revenue forecast for fiscal year 2022. This year revenue growth is estimated to fall 0.00% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $100k for the same.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 45.80% during past 5 years.
Celsion Corporation is more likely to be releasing its next quarterly report between March 17 and March 21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Celsion Corporation (NASDAQ:CLSN)’s Major holders
Insiders are in possession of 0.58% of company’s total shares while institution are holding 13.86 percent of that, with stock having share float percentage of 13.94%. Investors also watch the number of corporate investors in a company very closely, which is 13.86% institutions for Celsion Corporation that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at CLSN for having 3.9 million shares of worth $3.6 million. And as of Sep 29, 2021, it was holding 4.50% of the company’s outstanding shares.
The second largest institutional holder is Morgan Stanley, which was holding about 2.33 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 2.69% of outstanding shares, having a total worth of $2.16 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 2.43 million shares of worth $2.25 million or 2.81% of the total outstanding shares. The later fund manager was in possession of 1.2 million shares on Sep 29, 2021, making its stake of worth around $1.11 million in the company or a holder of 1.39% of company’s stock.