Is Cellectar Biosciences Inc’s (NASDAQ: CLRB) -9.27% Loss This Week Telling Us Something New?

During the last session, Cellectar Biosciences Inc (NASDAQ:CLRB)’s traded shares were 0.74 million, with the beta value of the company hitting 0.62. At the end of the trading day, the stock’s price was $0.33, reflecting an intraday loss of -7.05% or -$0.03. The 52-week high for the CLRB share is $4.15, that puts it down -1157.58 from that peak though still a striking 33.33% gain since the share price plummeted to a 52-week low of $0.22. The company’s market capitalization is $15.43M, and the average intraday trading volume over the past 10 days was 1.04 million shares, and the average trade volume was 1.74 million shares over the past three months.

Cellectar Biosciences Inc (CLRB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. CLRB has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

Cellectar Biosciences Inc (NASDAQ:CLRB) trade information

Cellectar Biosciences Inc (CLRB) registered a -7.05% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.05% in intraday trading to $0.33, hitting a weekly high. The stock’s 5-day price performance is -9.27%, and it has moved by 16.45% in 30 days. Based on these gigs, the overall price performance for the year is -91.30%. The short interest in Cellectar Biosciences Inc (NASDAQ:CLRB) is 2.92 million shares and it means that shorts have 2.15 day(s) to cover.

The consensus price target of analysts on Wall Street is $12, which implies an increase of 97.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $12 respectively. As a result, CLRB is trading at a discount of -3536.36% off the target high and -3536.36% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 40.27%. While earnings are projected to return 47.54% in 2025, the next five years will return 16.51% per annum.

CLRB Dividends

Cellectar Biosciences Inc is due to release its next quarterly earnings on 2025-Mar-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Cellectar Biosciences Inc (NASDAQ:CLRB)’s Major holders

Cellectar Biosciences Inc insiders own 1.64% of total outstanding shares while institutional holders control 11.00%, with the float percentage being 11.18%.

Also, the Mutual Funds coming in first place with the largest holdings of Cellectar Biosciences Inc (CLRB) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.07 shares. This amounts to just over 2.33 percent of the company’s overall shares, with a $0.36 million market value. The same data shows that the other fund manager holds slightly less at 568.75, or about 1.23% of the stock, which is worth about $0.19 million.