In the past week, CLDX stock has gone up by 16.74%, with a monthly gain of 21.13% and a quarterly surge of 18.48%. The volatility ratio for the week is 6.84%, and the volatility levels for the last 30 days are 5.16% for Celldex Therapeutics Inc. The simple moving average for the past 20 days is 16.38% for CLDX’s stock, with a 20.66% simple moving average for the past 200 days.
Is It Worth Investing in Celldex Therapeutics Inc. (NASDAQ: CLDX) Right Now?
The 36-month beta value for CLDX is also noteworthy at 1.58. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CLDX is 64.43M, and at present, short sellers hold a 11.47% of that float. The average trading volume of CLDX on July 26, 2024 was 650.54K shares.
CLDX) stock’s latest price update
Celldex Therapeutics Inc. (NASDAQ: CLDX)’s stock price has gone rise by 11.57 in comparison to its previous close of 39.31, however, the company has experienced a 16.74% increase in its stock price over the last five trading days. globenewswire.com reported 2024-07-16 that – EMBARQ-CSU1 and EMBARQ-CSU 2 will enroll more than 1800 patients suffering from CSU – – Studies include both biologic naïve and experienced patients –
Analysts’ Opinion of CLDX
Many brokerage firms have already submitted their reports for CLDX stocks, with Stifel repeating the rating for CLDX by listing it as a “Buy.” The predicted price for CLDX in the upcoming period, according to Stifel is $58 based on the research report published on June 18, 2024 of the current year 2024.
Wolfe Research, on the other hand, stated in their research note that they expect to see CLDX reach a price target of $51. The rating they have provided for CLDX stocks is “Outperform” according to the report published on June 11th, 2024.
CLDX Trading at 19.52% from the 50-Day Moving Average
After a stumble in the market that brought CLDX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.53% of loss for the given period.
Volatility was left at 5.16%, however, over the last 30 days, the volatility rate increased by 6.84%, as shares surge +21.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.35% upper at present.
During the last 5 trading sessions, CLDX rose by +16.74%, which changed the moving average for the period of 200-days by +57.09% in comparison to the 20-day moving average, which settled at $38.07. In addition, Celldex Therapeutics Inc. saw 10.59% 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 CLDX starting from Crowley Elizabeth, who sale 30,000 shares at the price of $34.87 back on Jun 14 ’24. After this action, Crowley Elizabeth now owns 9,074 shares of Celldex Therapeutics Inc., valued at $1,045,962 using the latest closing price.
Martin Samuel Bates, the SVP AND CFO of Celldex Therapeutics Inc., sale 17,172 shares at $35.42 during a trade that took place back on Jun 14 ’24, which means that Martin Samuel Bates is holding 28,125 shares at $608,315 based on the most recent closing price.
Stock Fundamentals for CLDX
Current profitability levels for the company are sitting at:
- -24.73 for the present operating margin
- 0.5 for the gross margin
The net margin for Celldex Therapeutics Inc. stands at -23.86. The total capital return value is set at -0.18. Equity return is now at value -25.39, with -24.28 for asset returns.
Based on Celldex Therapeutics Inc. (CLDX), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -56.46. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -48.29.
Currently, EBITDA for the company is -139.03 million with net debt to EBITDA at 0.74. When we switch over and look at the enterprise to sales, we see a ratio of 457.49. The receivables turnover for the company is 0.82for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 31.77.
Conclusion
In summary, Celldex Therapeutics Inc. (CLDX) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
