In the last trading session, 1.04 million Cel-Sci Corp. (AMEX:CVM) shares changed hands as the company’s beta touched 1.31. With the company’s per share price at $2.42 changed hands at $0.24 or 11.01% during last session, the market valuation stood at $114.37M. CVM’s last price was a discount, traded about -37.6% off its 52-week high of $3.33. The share price had its 52-week low at $1.04, which suggests the last value was 57.02% up since then. When we look at Cel-Sci Corp.’s average trading volume, we note the 10-day average is 1.15 million shares, with the 3-month average coming to 1.13 million.
Analysts gave the Cel-Sci Corp. (CVM) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CVM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Cel-Sci Corp.’s EPS for the current quarter is expected to be -$0.16.
Cel-Sci Corp. (AMEX:CVM) trade information
Instantly CVM was in green as seen at the end of in last trading. With action -1.22%, the performance over the past five days has been red. The jump to weekly highs of 2.99 on Monday, 11/20/23 added 11.01% to the stock’s daily price. The company’s shares are showing year-to-date upside of 2.98%, with the 5-day performance at -1.22% in the red. However, in the 30-day time frame, Cel-Sci Corp. (AMEX:CVM) is 126.17% up. Looking at the short shares, we see there were 6.15 million shares sold at short interest cover period of 2.52 days.
The consensus price target for the stock as assigned by Wall Street analysts is $10.00, meaning bulls need an upside of 75.8% from its current market value. According to analyst projections, CVM’s forecast low is $10.00 with $10.00 as the target high. To hit the forecast high, the stock’s price needs a -313.22% plunge from its current level, while the stock would need to soar -313.22% for it to hit the projected low.
Cel-Sci Corp. (CVM) estimates and forecasts
Data shows that the Cel-Sci Corp. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -10.37% over the past 6 months, a 18.39% in annual growth rate that is considerably higher than the industry average of 14.90%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for Cel-Sci Corp. will rise 23.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.68%.
Cel-Sci Corp. is expected to release its next quarterly earnings report between December 26 and January 01.
Cel-Sci Corp. (AMEX:CVM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.61% of Cel-Sci Corp. shares while 11.94% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 12.39%. There are 11.94% institutions holding the Cel-Sci Corp. stock share, with Vanguard Group Inc the top institutional holder. As of Jun 29, 2023, the company held 4.02% of the shares, roughly 1.9 million CVM shares worth $4.58 million.
Blackrock Inc. holds the second largest percentage of outstanding shares, with 1.59% or 0.75 million shares worth $1.82 million as of Jun 29, 2023.
Among Mutual Funds, the top two as of Jun 29, 2023 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 1.23 million shares estimated at $2.97 million under it, the former controlled 2.61% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.25% of the shares, roughly 0.59 million shares worth around $1.43 million.