The stock of Celcuity Inc (CELC) has seen a -3.78% decrease in the past week, with a -9.99% drop in the past month, and a 7.72% flourish in the past quarter. The volatility ratio for the week is 5.15%, and the volatility levels for the past 30 days are at 5.79% for CELC. The simple moving average for the past 20 days is -15.81% for CELC’s stock, with a 19.51% simple moving average for the past 200 days.
Is It Worth Investing in Celcuity Inc (NASDAQ: CELC) Right Now?
The 36-month beta value for CELC is also noteworthy at 0.84. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for CELC is 20.66M, and at present, short sellers hold a 8.94% of that float. The average trading volume of CELC on April 26, 2024 was 217.54K shares.
CELC) stock’s latest price update
The stock of Celcuity Inc (NASDAQ: CELC) has decreased by -6.91 when compared to last closing price of 16.94.Despite this, the company has seen a loss of -3.78% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-04 that MINNEAPOLIS, April 04, 2024 (GLOBE NEWSWIRE) — Celcuity Inc. (Nasdaq: CELC), a clinical-stage biotechnology company pursuing development of targeted therapies for oncology, today announced that Brian Sullivan, Chief Executive Officer, and Co-founder of Celcuity, will present and be available for one-on-one investor meetings at the following investor conferences:
Analysts’ Opinion of CELC
Many brokerage firms have already submitted their reports for CELC stocks, with Stifel repeating the rating for CELC by listing it as a “Buy.” The predicted price for CELC in the upcoming period, according to Stifel is $40 based on the research report published on February 22, 2024 of the current year 2024.
H.C. Wainwright, on the other hand, stated in their research note that they expect to see CELC reach a price target of $27. The rating they have provided for CELC stocks is “Buy” according to the report published on December 08th, 2023.
Canaccord Genuity gave a rating of “Buy” to CELC, setting the target price at $50 in the report published on October 08th of the previous year.
CELC Trading at -10.43% from the 50-Day Moving Average
After a stumble in the market that brought CELC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.93% of loss for the given period.
Volatility was left at 5.79%, however, over the last 30 days, the volatility rate increased by 5.15%, as shares sank -13.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.92% upper at present.
During the last 5 trading sessions, CELC fell by -3.78%, which changed the moving average for the period of 200-days by +59.29% in comparison to the 20-day moving average, which settled at $18.61. In addition, Celcuity Inc saw 8.24% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CELC starting from Buller Richard E, who sale 350 shares at the price of $14.15 back on Feb 21 ’24. After this action, Buller Richard E now owns 8,081 shares of Celcuity Inc, valued at $4,952 using the latest closing price.
Buller Richard E, the Director of Celcuity Inc, sale 350 shares at $14.37 during a trade that took place back on Dec 20 ’23, which means that Buller Richard E is holding 8,431 shares at $5,030 based on the most recent closing price.
Stock Fundamentals for CELC
The total capital return value is set at -0.37. Equity return is now at value -46.63, with -34.76 for asset returns.
Based on Celcuity Inc (CELC), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at -1.45. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is -12.43.
Currently, EBITDA for the company is -66.09 million with net debt to EBITDA at -0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.43.
Conclusion
In summary, Celcuity Inc (CELC) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
