Celcuity Inc [CELC] stock prices are up 6.61% to $10.64 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CELC shares have gain 12.83% over the last week, with a monthly amount drifted -16.48%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Celcuity Inc [NASDAQ: CELC] stock has seen the most recent analyst activity on July 22, 2024, when Leerink Partners initiated its Outperform rating and assigned the stock a price target of $29. Previously, Stifel started tracking the stock with Buy rating on February 22, 2024, and set its price target to $40. On December 08, 2023, H.C. Wainwright initiated with a Buy rating and assigned a price target of $27 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $50 on October 08, 2021. Jefferies initiated its recommendation with a Buy and recommended $48 as its price target on September 07, 2021. In a note dated July 27, 2021, Needham initiated an Buy rating and provided a target price of $50 on this stock.
The stock price of Celcuity Inc [CELC] has been fluctuating between $8.53 and $22.19 over the past year. Currently, Wall Street analysts expect the stock to reach $31.5 within the next 12 months. Celcuity Inc [NASDAQ: CELC] shares were valued at $10.64 at the most recent close of the market. An investor can expect a potential return of 196.05% based on the average CELC price forecast.
Analyzing the CELC fundamentals
Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -420.5%, Pretax Profit Margin comes in at -409.21%, and Net Profit Margin reading is -409.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is -0.63 and Total Capital is -0.39. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.65.
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 9.82 points at the first support level, and at 9.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.13, and for the 2nd resistance point, it is at 11.63.
Ratios To Look Out For
It’s worth pointing out that Celcuity Inc [NASDAQ:CELC]’s Current Ratio is 10.36. In addition, the Quick Ratio stands at 10.36 and the Cash Ratio stands at 0.48.
Transactions by insiders
Recent insider trading involved Buller Richard E, Director, that happened on Oct 23 ’24 when 350.0 shares were sold. Director, Buller Richard E completed a deal on Aug 23 ’24 to sell 350.0 shares. Meanwhile, Director Buller Richard E bought 700.0 shares on Aug 23 ’24.
