Celsion Corporation [CLSN] shares are down more than -60.81% this year and recently decreased -0.06% or -$0.04 to settle at $0.63. CLSN has a short ratio of 0.66. This implies that the market is currently less bearish on the outlook for CLSN.

On 12, October 2020, Celsion Corporation Issues Letter to Stockholders. According to news published on Yahoo Finance, CEO Provides Updates on Phase III OPTIMA Study Data Analysis and ThermoDox® Investigator-Sponsored Studies.

Analyst Birdseye View:

The most recent analyst activity for Celsion Corporation [NASDAQ:CLSN] stock was on July 14, 2020, when it was Downgrade with a Neutral rating from Dawson James. On October 04, 2017, Maxim Group Upgrade a Buy rating and boosted its price target on this stock to $7. On April 10, 2017, Rodman & Renshaw Resumed a Buy rating and increased its price target to $1.50. On November 10, 2016, Maxim Group Downgrade a Hold rating. On July 12, 2016, H.C. Wainwright Resumed a Buy rating and boosted its amount on this stock to $3. On January 19, 2016, Maxim Group Reiterated a Buy rating and decreased its target amount on this stock from $12 to $9. Maxim Group elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.66 and a peak of $6.50. Right now, the middling Wall Street analyst 12-month amount mark is $4.00. At the most recent market close, shares of Celsion Corporation [NASDAQ:CLSN] were valued at $0.63.

FUNDAMENTAL ANALYSIS

Celsion Corporation [NASDAQ:CLSN] most recently reported quarterly sales of 125.0 million, which represented growth of 0.00%. This publicly-traded organization’s revenue is $17,241 per employee, while its income is -$581,087 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -39.59, -95.15, -73.22 and -62.48 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 43.77 and the whole liability to whole assets at 29.61. It shows enduring liability to the whole principal at 35.17 and enduring liability to assets at 0.24 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 0.6601 points at 1st support level, the second support level is making up to 0.6500. But as of 1st resistance point, this stock is sitting at 0.6801 and at 0.6900 for 2nd resistance point.

Celsion Corporation [CLSN] reported its earnings at -$0.18 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.14/share signifying the difference of -0.04 and -28.60% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.2 calling estimates for -$0.17/share with the difference of -0.03 depicting the surprise of -17.60%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Celsion Corporation [NASDAQ:CLSN] is 2.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.88. Now if looking for a valuation of this stock’s amount to sales ratio it’s 74.67 and it’s amount to book ratio is 2.73.

Insider Stories

The most recent insider trade was by Martinez Alberto R Jr, Director, and it was the purchase of 5000.0 shares on Feb 28. Martinez Alberto R Jr, the Director, completed a purchase of 6000.0 shares on Nov 20. On Nov 06, Fritz Frederick J., Director, completed a purchase of 10000.0 shares.