During the last session, Celldex Therapeutics Inc. (NASDAQ:CLDX)’s traded shares were 0.56 million, with the beta value of the company hitting 1.56. At the end of the trading day, the stock’s price was $31.32, reflecting an intraday gain of 5.53% or $1.64. The 52-week high for the CLDX share is $53.18, that puts it down -69.8 from that peak though still a striking 29.41% gain since the share price plummeted to a 52-week low of $22.11. The company’s market capitalization is $2.08B, and the average intraday trading volume over the past 10 days was 0.92 million shares, and the average trade volume was 984.09K shares over the past three months.
Celldex Therapeutics Inc. (CLDX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. CLDX has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
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Celldex Therapeutics Inc. (NASDAQ:CLDX) trade information
Celldex Therapeutics Inc. (CLDX) registered a 5.53% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.53% in intraday trading to $31.32, hitting a weekly high. The stock’s 5-day price performance is 2.19%, and it has moved by -24.98% in 30 days. Based on these gigs, the overall price performance for the year is 11.82%. The short interest in Celldex Therapeutics Inc. (NASDAQ:CLDX) is 8.31 million shares and it means that shorts have 5.46 day(s) to cover.
The consensus price target of analysts on Wall Street is $58, which implies an increase of 46.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $44 and $63 respectively. As a result, CLDX is trading at a discount of -101.15% off the target high and -40.49% off the low.
Celldex Therapeutics Inc. (CLDX) estimates and forecasts
Statistics show that Celldex Therapeutics Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Celldex Therapeutics Inc. (CLDX) shares have gone down -20.20% during the last six months, with a year-to-date growth rate less than the industry average at 6.02% against 17.50.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 27.41%. While earnings are projected to return 16.47% in 2024.
CLDX Dividends
Celldex Therapeutics Inc. is due to release its next quarterly earnings on 2024-Oct-31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Celldex Therapeutics Inc. (NASDAQ:CLDX)’s Major holders
Celldex Therapeutics Inc. insiders own 0.30% of total outstanding shares while institutional holders control 107.04%, with the float percentage being 107.36%. WELLINGTON MANAGEMENT GROUP LLP is the largest shareholder of the company, while 264.0 institutions own stock in it. As of 2024-06-30, the company held over 8.08 million shares (or 13.718% of all shares), a total value of $298.89 million in shares.
The next largest institutional holding, with 7.83 million shares, is of FMR LLC’s that is approximately 13.2988% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $289.76 million.
Also, the Mutual Funds coming in first place with the largest holdings of Celldex Therapeutics Inc. (CLDX) shares are Vanguard Specialized-Health Care Fund and Vanguard Total Stock Market Index Fund . Data provided on Jul 31, 2024 indicates that Vanguard Specialized-Health Care Fund owns about 3.81 shares. This amounts to just over 5.74 percent of the company’s overall shares, with a $119.26 million market value. The same data shows that the other fund manager holds slightly less at 2.02, or about 3.05% of the stock, which is worth about $63.27 million.
