Celldex Therapeutics Inc [CLDX] stock prices are down -0.68% to $26.22 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CLDX shares have gain 1.86% over the last week, with a monthly amount drifted -8.55%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Celldex Therapeutics Inc [NASDAQ: CLDX] stock has seen the most recent analyst activity on October 07, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $70. Previously, Goldman started tracking the stock with Neutral rating on September 30, 2024, and set its price target to $45. On September 27, 2024, downgrade downgraded it’s rating to Peer Perform. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $58 on June 18, 2024. Wolfe Research initiated its recommendation with a Outperform and recommended $51 as its price target on June 11, 2024. In a note dated November 10, 2023, Wells Fargo upgraded an Equal Weight rating on this stock but restated the target price of $27.
The stock price of Celldex Therapeutics Inc [CLDX] has been fluctuating between $22.93 and $53.18 over the past year. Currently, Wall Street analysts expect the stock to reach $61.25 within the next 12 months. Celldex Therapeutics Inc [NASDAQ: CLDX] shares were valued at $26.22 at the most recent close of the market. An investor can expect a potential return of 133.6% based on the average CLDX price forecast.
Analyzing the CLDX fundamentals
The Celldex Therapeutics Inc [NASDAQ:CLDX] reported sales of 9.98M for trailing twelve months, representing a surge of 110.35%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -17.46%, Pretax Profit Margin comes in at -15.44%, and Net Profit Margin reading is -15.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.21 and Total Capital is -0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.91 points at the first support level, and at 25.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.81, and for the 2nd resistance point, it is at 27.40.
Ratios To Look Out For
It’s worth pointing out that Celldex Therapeutics Inc [NASDAQ:CLDX]’s Current Ratio is 24.27. On the other hand, the Quick Ratio is 24.27, and the Cash Ratio is 1.13. Considering the valuation of this stock, the price to sales ratio is 174.30, the price to book ratio is 2.21.
Transactions by insiders
Recent insider trading involved Marucci Anthony S, PRESIDENT & CEO, that happened on Nov 11 ’24 when 11500.0 shares were purchased. SVP AND CFO, Martin Samuel Bates completed a deal on Jun 14 ’24 to sell 17172.0 shares. Meanwhile, SR. VP & CPDO Crowley Elizabeth sold 30000.0 shares on Jun 14 ’24.
