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NASDAQ:CASI

CASI Pharmaceuticals - CASI Stock Forecast, Price & News

$1.91
-0.02 (-1.04%)
(As of 11/29/2022 12:00 AM ET)
Add
Compare
Today's Range
$1.90
$2.00
50-Day Range
$1.85
$3.52
52-Week Range
$1.81
$10.30
Volume
14,146 shs
Average Volume
100,746 shs
Market Capitalization
$25.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00

CASI Pharmaceuticals MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
423.6% Upside
$10.00 Price Target
Short Interest
Healthy
0.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.42
Upright™ Environmental Score
News Sentiment
0.96mentions of CASI Pharmaceuticals in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$217,064 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.37) to ($1.17) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.89 out of 5 stars

Medical Sector

40th out of 1,038 stocks

Biological Products, Except Diagnostic Industry

5th out of 172 stocks

CASI stock logo

About CASI Pharmaceuticals (NASDAQ:CASI) Stock

CASI Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes therapeutics and pharmaceutical products in China, the United States, and internationally. It offers EVOMELA, an intravenous formulation of melphalan for use as a conditioning treatment prior to stem cell transplantation, and as a palliative treatment for patients with multiple myeloma. The company's product pipeline includes CNCT19, an autologous CD19 CAR-T investigative product for the treatment of patients with B-cell acute lymphoblastic leukemia (B-ALL) and B-cell non-Hodgkin lymphoma (B-NHL); BI-1206 that is in Phase I/II trial in combination with anti-PD1 therapy Keytruda for solid tumors, and in a Phase I/IIa trial in combination with MabThera (rituximab) in patients with relapsed/refractory NHL; and CB-5339, which is in Phase I clinical trial for acute myeloid leukemia and myelodysplastic syndrome. Its product pipeline also comprises CID-103 for the treatment of patients with multiple myeloma; Thiotepa, which has multiple indications including use as a conditioning treatment for various allogeneic haemopoietic stem cell transplants; and Octreotide long acting injectable formulations for the treatment of acromegaly and for the control of symptoms associated with various neuroendocrine tumors. The company has licensing agreements with Juventas Cell Therapy Ltd; BioInvent International AB; Black Belt Therapeutics Limited; and Cleave Therapeutics, Inc. It also has distribution agreements with China Resources Pharmaceutical Commercial Group International Trading Co., Ltd; Pharmathen Global BV; and Riemser Pharma GmbH. The company was formerly known as EntreMed, Inc. and changed its name to CASI Pharmaceuticals, Inc. in June 2014. CASI Pharmaceuticals, Inc. was incorporated in 1991 and is based in Rockville, Maryland.

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CASI Stock News Headlines

Casi Pharmaceuticals
Wednesday 9/7 Insider Buying Report: JELD, CASI
CASI Pharmaceuticals Inc
CASI PHARMACEUTICALS ANNOUNCES REVERSE STOCK SPLIT
See More Headlines
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CASI Company Calendar

Last Earnings
11/12/2021
Today
11/29/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/27/2023

Industry, Sector and Symbol

Industry
Biological products, except diagnostic
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:CASI
Employees
176
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$10.00
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+423.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-36,650,000.00
Pretax Margin
-71.10%

Debt

Sales & Book Value

Annual Sales
$30.17 million
Book Value
$6.04 per share

Miscellaneous

Free Float
9,988,000
Market Cap
$25.99 million
Optionable
Not Optionable
Beta
0.43

Key Executives

  • Dr. Wei-Wu He Ph.D. (Age 57)
    Chairman & CEO
    Comp: $565.36k
  • Dr. Wei Zhang Ph.D. (Age 63)
    Pres & Principal Financial Officer
    Comp: $1.13M
  • Ms. Sara B. Capitelli CPA (Age 56)
    VP of Fin.
  • Dr. James E. Goldschmidt Ph.D.
    Chief Bus. Devel. Officer
  • Ms. Amanda Cui
    VP & Global Controller













CASI Stock - Frequently Asked Questions

Should I buy or sell CASI Pharmaceuticals stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CASI Pharmaceuticals in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CASI shares.
View CASI analyst ratings
or view top-rated stocks.

What is CASI Pharmaceuticals' stock price forecast for 2023?

2 analysts have issued twelve-month price objectives for CASI Pharmaceuticals' stock. Their CASI share price forecasts range from $10.00 to $10.00. On average, they expect the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 418.1% from the stock's current price.
View analysts price targets for CASI
or view top-rated stocks among Wall Street analysts.

How have CASI shares performed in 2022?

CASI Pharmaceuticals' stock was trading at $8.00 at the beginning of 2022. Since then, CASI shares have decreased by 75.9% and is now trading at $1.93.
View the best growth stocks for 2022 here
.

Are investors shorting CASI Pharmaceuticals?

CASI Pharmaceuticals saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 90,600 shares, a decline of 13.6% from the October 31st total of 104,900 shares. Based on an average daily volume of 55,200 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.7% of the shares of the company are sold short.
View CASI Pharmaceuticals' Short Interest
.

When is CASI Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 27th 2023.
View our CASI earnings forecast
.

How were CASI Pharmaceuticals' earnings last quarter?

CASI Pharmaceuticals, Inc. (NASDAQ:CASI) posted its earnings results on Friday, November, 12th. The biotechnology company reported ($0.70) EPS for the quarter, missing analysts' consensus estimates of ($0.60) by $0.10. The biotechnology company had revenue of $8.11 million for the quarter, compared to analyst estimates of $7.77 million. CASI Pharmaceuticals had a negative net margin of 73.17% and a negative trailing twelve-month return on equity of 37.59%. During the same period in the previous year, the company posted ($1.40) EPS.

When did CASI Pharmaceuticals' stock split?

CASI Pharmaceuticals shares reverse split on the morning of Wednesday, June 1st 2022. The 1-10 reverse split was announced on Wednesday, June 1st 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, June 1st 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of CASI Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CASI Pharmaceuticals investors own include NVIDIA (NVDA), OPKO Health (OPK), Caladrius Biosciences (CLBS), Overstock.com (OSTK), Riot Blockchain (RIOT), Boeing (BA), Enphase Energy (ENPH), Catalyst Pharmaceuticals (CPRX), Pure Storage (PSTG) and QUALCOMM (QCOM).

What is CASI Pharmaceuticals' stock symbol?

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

Who are CASI Pharmaceuticals' major shareholders?

CASI Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.89%), Prudential Financial Inc. (0.08%) and Renaissance Technologies LLC (0.08%). Insiders that own company stock include James Huang, Larry Zhang, Weihao Xu and Wei-Wu He.
View institutional ownership trends
.

How do I buy shares of CASI Pharmaceuticals?

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

What is CASI Pharmaceuticals' stock price today?

One share of CASI stock can currently be purchased for approximately $1.93.

How much money does CASI Pharmaceuticals make?

CASI Pharmaceuticals (NASDAQ:CASI) has a market capitalization of $26.27 million and generates $30.17 million in revenue each year. The biotechnology company earns $-36,650,000.00 in net income (profit) each year or ($1.94) on an earnings per share basis.

How many employees does CASI Pharmaceuticals have?

The company employs 176 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 official website for the company is www.casipharmaceuticals.com. The biotechnology company can be reached via phone at (240) 864-2600, via email at ir@casipharmaceuticals.com, or via fax at 301-315-2437.

This page (NASDAQ:CASI) was last updated on 11/29/2022 by MarketBeat.com Staff