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NASDAQ:CASI

CASI Pharmaceuticals Stock Forecast, Price & News

$1.51
-0.01 (-0.66 %)
(As of 09/24/2020 12:00 AM ET)
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Today's Range
$1.47
Now: $1.51
$1.53
50-Day Range
$1.52
MA: $1.75
$1.94
52-Week Range
$1.15
Now: $1.51
$3.67
Volume420,080 shs
Average Volume322,514 shs
Market Capitalization$187.16 million
P/E RatioN/A
Dividend YieldN/A
Beta0.74
CASI Pharmaceuticals, Inc., a pharmaceutical company, develops pharmaceutical products and various therapeutics in China, the United States, and internationally. The company's product pipeline includes 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. Its product pipeline also comprises ZEVALIN, an ibritumomab tiuxetan 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; and MARQIBO, a microtubule inhibitor to treat adult patients with Philadelphia chromosome-negative acute lymphoblastic leukemia. In addition, the company engages in the development of a portfolio of 26 FDA-approved abbreviated new drug applications (ANDAs), including entecavir and tenofovir disoproxil fumarate indicated for hepatitis B virus; and 4 pipeline ANDAs that are pending FDA approval. Further, it is involved in developing ENMD-2076, an Aurora A/angiogenic kinase inhibitor that has completed Phase II studies for solid tumors, as well as various proprietary early-stage immune-oncological potential candidates in preclinical development. 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.93 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.13 million
Book Value$0.76 per share

Profitability

Net Income$-46,030,000.00
Net Margins-388.71%

Miscellaneous

Employees124
Market Cap$187.16 million
Next Earnings Date11/10/2020 (Estimated)
OptionableNot Optionable
$1.51
-0.01 (-0.66 %)
(As of 09/24/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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CASI Pharmaceuticals (NASDAQ:CASI) Frequently Asked Questions

How has CASI Pharmaceuticals' stock price been impacted by COVID-19 (Coronavirus)?

CASI Pharmaceuticals' stock was trading at $1.63 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CASI stock has decreased by 7.4% and is now trading at $1.51.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of CASI Pharmaceuticals?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CASI Pharmaceuticals in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CASI Pharmaceuticals
.

When is CASI Pharmaceuticals' next earnings date?

CASI Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for CASI Pharmaceuticals
.

How were CASI Pharmaceuticals' earnings last quarter?

CASI Pharmaceuticals Inc (NASDAQ:CASI) released its quarterly earnings results on Monday, August, 10th. The biotechnology company reported ($0.07) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.08) by $0.01. The biotechnology company had revenue of $2.67 million for the quarter, compared to analysts' expectations of $3.75 million. CASI Pharmaceuticals had a negative net margin of 388.71% and a negative return on equity of 53.15%.
View CASI Pharmaceuticals' earnings history
.

What price target have analysts set for CASI?

1 analysts have issued 1-year price objectives for CASI Pharmaceuticals' stock. Their forecasts range from $3.50 to $3.50. On average, they expect CASI Pharmaceuticals' stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 131.8% from the stock's current price.
View analysts' price targets for CASI Pharmaceuticals
.

Are investors shorting CASI Pharmaceuticals?

CASI Pharmaceuticals saw a drop in short interest in August. As of August 14th, there was short interest totaling 1,430,000 shares, a drop of 21.4% from the July 30th total of 1,820,000 shares. Based on an average daily volume of 431,400 shares, the days-to-cover ratio is currently 3.3 days. Currently, 2.3% of the company's shares are sold short.
View CASI Pharmaceuticals' Short Interest
.

Who are some of CASI Pharmaceuticals' key competitors?

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), Riot Blockchain (RIOT), Boeing (BA), Enphase Energy (ENPH), Overstock.com (OSTK), Caladrius Biosciences (CLBS), Pure Storage (PSTG), QUALCOMM (QCOM) and Catalyst Pharmaceuticals (CPRX).

Who are CASI Pharmaceuticals' key executives?

CASI Pharmaceuticals' management team includes the following people:
  • Dr. Wei-Wu He, Chairman & CEO (Age 54)
  • Mr. George Chi C.F.A., CPA, Chief Financial Officer (Age 50)
  • Dr. Wei Zhang Ph.D., Pres of CASI (Beijing) Pharmaceuticals Co., Ltd (Age 60)
  • Ms. Cynthia Wong Hu, COO, Gen. Counsel & Sec. (Age 49)
  • Ms. Sara B. Capitelli, VP of Fin. & Principal Accounting Officer (Age 53)

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 variety of retail and institutional investors. Top institutional investors include Wellington Shields & Co. LLC (1.31%), Wellington Shields Capital Management LLC (1.09%), Charles Schwab Investment Management Inc. (0.27%), Bridgeway Capital Management Inc. (0.17%), Nuveen Asset Management LLC (0.15%) and Bank of New York Mellon Corp (0.14%). Company insiders that own CASI Pharmaceuticals stock include Brian D Coleman, Larry Zhang and Wei-Wu He.
View institutional ownership trends for CASI Pharmaceuticals
.

Which institutional investors are selling CASI Pharmaceuticals stock?

CASI stock was sold by a variety of institutional investors in the last quarter, including Vident Investment Advisory LLC, Goldman Sachs Group Inc., UBS Group AG, and Nuveen Asset Management LLC.
View insider buying and selling activity for CASI Pharmaceuticals
.

Which institutional investors are buying CASI Pharmaceuticals stock?

CASI stock was acquired by a variety of institutional investors in the last quarter, including Wellington Shields & Co. LLC, Bridgeway Capital Management Inc., Charles Schwab Investment Management Inc., WINTON GROUP Ltd, Jane Street Group LLC, Bank of America Corp DE, Heritage Investors Management Corp, and Bank of New York Mellon Corp. Company insiders that have bought CASI Pharmaceuticals stock in the last two years include Brian D Coleman, Larry Zhang, and Wei-Wu He.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is CASI Pharmaceuticals' stock price today?

One share of CASI stock can currently be purchased for approximately $1.51.

How big of a company is CASI Pharmaceuticals?

CASI Pharmaceuticals has a market capitalization of $187.16 million and generates $4.13 million in revenue each year. The biotechnology company earns $-46,030,000.00 in net income (profit) each year or ($0.42) on an earnings per share basis. CASI Pharmaceuticals employs 124 workers across the globe.

What is CASI Pharmaceuticals' official website?

The official website for CASI Pharmaceuticals is www.casipharmaceuticals.com.

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]

This page was last updated on 9/25/2020 by MarketBeat.com Staff

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