NASDAQ:CASI - CASI Pharmaceuticals Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$7.63 +0.24 (+3.25 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$7.63
Today's Range$7.34 - $7.76
52-Week Range$0.93 - $8.89
Volume170,728 shs
Average Volume565,683 shs
Market Capitalization$682.68 million
P/E Ratio-42.39
Dividend YieldN/A
Beta0.86
CASI Pharmaceuticals logoCASI Pharmaceuticals, Inc., a biopharmaceutical company, develops therapeutics addressing cancer and other unmet medical needs in China. Its lead drug candidate is ENMD-2076, an Aurora A/angiogenic kinase inhibitor, which is in multiple Phase II studies in advanced fibrolamellar carcinoma and triple-negative breast cancer. The company's late-stage clinical drug candidates, including EVOMELA, a melphalan hydrochloride for injection primarily for use as a high-dose conditioning treatment prior to hematopoietic progenitor cell transplantation in patients with multiple myeloma; MARQIBO, a microtubule inhibitor to treat adult patients with philadelphia chromosome-negative acute lymphoblastic leukemia; and ZEVALIN injection for intravenous use indicated for the treatment of patients with relapsed or refractory, low-grade, or follicular B-cell non-hodgkin's lymphoma, as well as for the treatment of patients with previously untreated follicular non-hodgkin's lymphoma. It also offers a portfolio of 25 U.S. food and drug administration-approved abbreviated new drug applications and 1 abbreviated new drug applications. The company was formerly known as EntreMed, Inc. and changed its name to CASI Pharmaceuticals, Inc. in June 2014. CASI Pharmaceuticals, Inc. was founded in 1991 and is headquartered in Rockville, Maryland.

Receive CASI News and Ratings via Email

Sign-up to receive the latest news and ratings for CASI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:CASI
CUSIPN/A
Phone240-864-2600

Debt

Debt-to-Equity Ratio0.02
Current Ratio25.53
Quick Ratio25.53

Price-To-Earnings

Trailing P/E Ratio-42.39
Forward P/E Ratio-34.68
P/E GrowthN/A

Sales & Book Value

Annual Sales$50,000.00
Price / Sales13,213.63
Cash FlowN/A
Price / CashN/A
Book Value$0.55 per share
Price / Book13.87

Profitability

EPS (Most Recent Fiscal Year)($0.18)
Net Income$-10,770,000.00
Net MarginsN/A
Return on Equity-36.51%
Return on Assets-31.05%

Miscellaneous

Employees51
Outstanding Shares86,590,000
Market Cap$682.68 million

CASI Pharmaceuticals (NASDAQ:CASI) Frequently Asked Questions

What is CASI Pharmaceuticals' stock symbol?

CASI Pharmaceuticals trades on the NASDAQ under the ticker symbol "CASI."

How were CASI Pharmaceuticals' earnings last quarter?

CASI Pharmaceuticals Inc (NASDAQ:CASI) issued its quarterly earnings data on Tuesday, August, 14th. The biotechnology company reported ($0.07) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.07). View CASI Pharmaceuticals' Earnings History.

When is CASI Pharmaceuticals' next earnings date?

CASI Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Tuesday, November, 13th 2018. View Earnings Estimates for CASI Pharmaceuticals.

What price target have analysts set for CASI?

2 Wall Street analysts have issued 1-year price objectives for CASI Pharmaceuticals' shares. Their predictions range from $4.00 to $7.00. On average, they anticipate CASI Pharmaceuticals' stock price to reach $5.50 in the next twelve months. This suggests that the stock has a possible downside of 27.9%. View Analyst Price Targets for CASI Pharmaceuticals.

What is the consensus analysts' recommendation for CASI Pharmaceuticals?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CASI Pharmaceuticals in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CASI Pharmaceuticals.

What are Wall Street analysts saying about CASI Pharmaceuticals stock?

Here are some recent quotes from research analysts about CASI Pharmaceuticals stock:
  • 1. HC Wainwright analysts commented, "Olga Smolentseva, Ph.D. – (646-975-6966) / [email protected] Acquisition of Sandoz Portfolio Could Lead to Commerical Launch in 12 Months; Reiterate Buy A transformative acquisition. On January 26, CASI announced the acquisition of an abbreviated new drug application (ANDA) portfolio from Sandoz, the generic drug division of Novartis (NVS; not rated), for $18M. The portfolio includes several essential medications such as Entecavir, Lisinopril, Methimazole, and Midodrine and covers a broad spectrum of drugs such as antivirals, anti-depressants, hypertension drugs, and anti-inflammatory drugs. In our view, the acquisition of these 25 approved and 4 pending ANDAs is a transformative event for the company. With the worldwide ANDA data exclusivity, CASI can now quickly become a commercial force in both China and the US." (1/29/2018)
  • 2. Maxim Group analysts commented, "CASI Pharmaceuticals reported 3Q17 with a net loss of $1.6M and ended the period with $21.6M in cash. The company completed an equity financing in October, raising $23.8M. Combined, we estimate CASI currently has $44M on the balance sheet, sufficient runway into 2020. Our model has been adjusted accordingly. As we had already factored in future capital raises, the net effect is our price target of $4 remains unchanged." (11/14/2017)

Who are some of CASI Pharmaceuticals' key competitors?

Who are CASI Pharmaceuticals' key executives?

CASI Pharmaceuticals' management team includes the folowing people:
  • Dr. Wei-Wu He, Exec. Chairman (Age 53)
  • Dr. Ken Keyong Ren, CEO & Director (Age 59)
  • Ms. Cynthia Wong Hu, COO, Gen. Counsel & Sec. (Age 48)
  • Dr. Alexander A. Zukiwski, Chief Medical Officer (Age 61)
  • Ms. Sara B. Capitelli, VP of Fin. & Principal Accounting Officer (Age 52)

Has CASI Pharmaceuticals been receiving favorable news coverage?

Headlines about CASI stock have trended positive on Saturday, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CASI Pharmaceuticals earned a coverage optimism score of 0.28 on Accern's scale. They also assigned press coverage about the biotechnology company an impact score of 48.98 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for CASI Pharmaceuticals.

Who are CASI Pharmaceuticals' major shareholders?

CASI Pharmaceuticals' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.14%), Wellington Shields & Co. LLC (1.10%), Wellington Shields Capital Management LLC (0.99%), Bank of New York Mellon Corp (0.16%), Alps Advisors Inc. (0.14%) and Royce & Associates LP (0.14%). Company insiders that own CASI Pharmaceuticals stock include China Growth Fund Idg-Accel II, Spectrum Pharmaceuticals Inc and Wei-Wu He. View Institutional Ownership Trends for CASI Pharmaceuticals.

Which major investors are buying CASI Pharmaceuticals stock?

CASI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Shields & Co. LLC, Alps Advisors Inc., Royce & Associates LP, Schwab Charles Investment Management Inc., Bank of New York Mellon Corp, Wellington Shields Capital Management LLC and Rhumbline Advisers. Company insiders that have bought CASI Pharmaceuticals stock in the last two years include China Growth Fund Idg-Accel II, Spectrum Pharmaceuticals Inc and Wei-Wu He. View Insider Buying and Selling for CASI Pharmaceuticals.

How do I buy shares of CASI Pharmaceuticals?

Shares of CASI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CASI Pharmaceuticals' stock price today?

One share of CASI stock can currently be purchased for approximately $7.63.

How big of a company is CASI Pharmaceuticals?

CASI Pharmaceuticals has a market capitalization of $682.68 million and generates $50,000.00 in revenue each year. The biotechnology company earns $-10,770,000.00 in net income (profit) each year or ($0.18) on an earnings per share basis. CASI Pharmaceuticals employs 51 workers across the globe.

How can I contact CASI Pharmaceuticals?

CASI Pharmaceuticals' mailing address is 9620 MEDICAL CENTER DR STE 300, ROCKVILLE MD, 20850. The biotechnology company can be reached via phone at 240-864-2600 or via email at [email protected]


MarketBeat Community Rating for CASI Pharmaceuticals (NASDAQ CASI)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  113 (Vote Outperform)
Underperform Votes:  100 (Vote Underperform)
Total Votes:  213
MarketBeat's community ratings are surveys of what our community members think about CASI Pharmaceuticals and other stocks. Vote "Outperform" if you believe CASI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CASI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.