NASDAQ:CASI CASI Pharmaceuticals - CASI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CASI Pharmaceuticals, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $1.93 -0.05 (-2.53%) (As of 03/30/2023 09:42 AM ET) Add Compare Share Share Today's Range$1.91▼$1.9550-Day Range$1.63▼$2.0852-Week Range$1.45▼$10.30Volume1,260 shsAverage Volume33,292 shsMarket Capitalization$25.71 millionP/E RatioN/ADividend YieldN/APrice Target$10.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability CASI Pharmaceuticals MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside418.1% Upside$10.00 Price TargetShort InterestHealthy2.60% of Float Sold ShortDividend StrengthN/ASustainability-1.50Upright™ Environmental ScoreNews Sentiment0.27Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.16) to ($2.05) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.48 out of 5 stars 3.5 Analyst's Opinion Consensus RatingCASI Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, CASI Pharmaceuticals has a forecasted upside of 418.1% from its current price of $1.93.Amount of Analyst CoverageCASI Pharmaceuticals has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.60% of the float of CASI Pharmaceuticals has been sold short.Short Interest Ratio / Days to CoverCASI Pharmaceuticals has a short interest ratio ("days to cover") of 9.1.Change versus previous monthShort interest in CASI Pharmaceuticals has recently decreased by 6.05%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCASI Pharmaceuticals does not currently pay a dividend.Dividend GrowthCASI Pharmaceuticals does not have a long track record of dividend growth. Previous Next 4.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCASI Pharmaceuticals has received a 63.42% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Melphalan" and "Clinical research services for cancer" products. See details.Environmental SustainabilityThe Environmental Impact score for CASI Pharmaceuticals is -1.50. Previous Next 1.8 News and Social Media Coverage News SentimentCASI Pharmaceuticals has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for CASI Pharmaceuticals this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added CASI Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CASI Pharmaceuticals insiders have not sold or bought any company stock.Percentage Held by Insiders21.24% of the stock of CASI Pharmaceuticals is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 14.62% of the stock of CASI Pharmaceuticals is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for CASI Pharmaceuticals are expected to grow in the coming year, from ($2.16) to ($2.05) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CASI Pharmaceuticals is -0.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of CASI Pharmaceuticals is -0.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCASI Pharmaceuticals has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CASI Pharmaceuticals (NASDAQ:CASI) StockCASI Pharmaceuticals, Inc. is a biopharmaceutical company, which is focused on the acquisition, development and commercialization of therapeutics addressing cancer and other unmet medical needs. The company develops and commercializes the oncology drugs and drug candidates in China, Taiwan, Hong Kong, and Macau. Its products include Zevalin, Evomela, and Marqibo. The company was founded in 1991 and is headquartered in Rockville, MD.Read More Receive CASI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CASI Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. Email Address CASI Stock News HeadlinesMarch 27, 2023 | americanbankingnews.comCASI Pharmaceuticals (NASDAQ:CASI) Now Covered by Analysts at StockNews.comMarch 26, 2023 | americanbankingnews.comCASI Pharmaceuticals (CASI) Scheduled to Post Quarterly Earnings on MondayMarch 30, 2023 | Press Research (Ad)Lithium Could Be 2023's Next Big SurpriseLithium is the hottest commodity for our green futureMarch 23, 2023 | marketwatch.comLisinopril Market Top Players and Forecast till 2031March 22, 2023 | finanznachrichten.deCASI Pharmaceuticals, Inc. Completes Redomiciliation MergerMarch 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on CASI Pharmaceuticals (NASDAQ:CASI)March 17, 2023 | marketwatch.comHypoxia Inducible Factor 1 Alpha Inhibitor Market Size 2023 Research Report by Growth Rate Analysis and Forecast till 2027March 13, 2023 | marketwatch.comTumor Necrosis Factor Inhibitors Market Size 2023 - 2030: About its Application, Qrganization Size, Sales Volume, and Regional OutlookMarch 30, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsMarch 9, 2023 | msn.comFoghorn Therapeutics Inc. (FHTX) Reports Q4 Loss, Lags Revenue EstimatesFebruary 14, 2023 | markets.businessinsider.comBTIG Reaffirms Their Hold Rating on MEI Pharma (MEIP)February 6, 2023 | finance.yahoo.comA CASI Pharmaceuticals, Inc. (NASDAQ:CASI) insider increased their holdings by 16% last yearJanuary 30, 2023 | markets.businessinsider.comH.C. Wainwright Keeps Their Buy Rating on Verastem (VSTM)January 18, 2023 | marketwatch.comMarginal Zone B-cell Lymphoma Drugs Market Size, Outlook, Share, Prominent Players, Growth, and Forecast 2029January 6, 2023 | finance.yahoo.comCASI PHARMACEUTICALS AND CLEAVE THERAPEUTICS ANNOUNCE CLINICAL TRIAL APPLICATION APPROVAL FOR CB-5339 IN PATIENTS WITH MULTIPLE MYELOMA IN CHINAJanuary 6, 2023 | finance.yahoo.comCasi Pharmaceuticals to run clinical trial for multiple myeloma drug in ChinaJanuary 5, 2023 | marketwatch.comAnalysis of Ibritumomab Tiuxetan Market for the Period 2023 to 2028 : Development, Growth and Key FactorsDecember 16, 2022 | msn.comChinese pharmas and biotechs risk of delisting averted as US regulators review auditsDecember 15, 2022 | finance.yahoo.comCASI PHARMACEUTICALS' PARTNER JUVENTAS ANNOUNCES NEW DRUG APPLICATION FOR CNCT19 ACCEPTED BY CHINA NATIONAL MEDICAL PRODUCTS ADMINISTRATIONNovember 17, 2022 | finance.yahoo.comCASI Pharmaceuticals Third Quarter 2022 Earnings: Beats ExpectationsNovember 14, 2022 | finance.yahoo.comCASI PHARMACEUTICALS ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTSNovember 14, 2022 | finance.yahoo.comCASI Pharmaceuticals, Inc. (CASI) Reports Q3 Loss, Lags Revenue EstimatesNovember 9, 2022 | nasdaq.comScynexis (SCYX) Reports Q3 Loss, Misses Revenue EstimatesOctober 7, 2022 | forbes.comCasi PharmaceuticalsSeptember 23, 2022 | marketwatch.comCASI Pharmaceuticals Exits Juventas Biotechnology InvestmentSeptember 23, 2022 | finance.yahoo.comCASI PHARMACEUTICALS ANNOUNCES EXIT OF JUVENTAS INVESTMENT TO STRENGTHEN BALANCE SHEETSeptember 9, 2022 | msn.comCASI Pharmaceuticals Earnings Perspective: Return On Capital EmployedSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CASI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CASI Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. Email Address CASI Company Calendar Last Earnings11/12/2021Today3/29/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:CASI CUSIPN/A CIK895051 Webwww.casipharmaceuticals.com Phone(240) 864-2600Fax301-315-2437Employees176Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.00 High Stock Price Forecast$10.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+405.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.94) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-36,650,000.00 Net Margins-73.17% Pretax Margin-71.10% Return on Equity-37.59% Return on Assets-21.05% Debt Debt-to-Equity RatioN/A Current Ratio1.87 Quick Ratio1.68 Sales & Book Value Annual Sales$30.17 million Price / Sales0.87 Cash FlowN/A Price / Cash FlowN/A Book Value$6.04 per share Price / Book0.33Miscellaneous Outstanding Shares13,320,000Free Float10,492,000Market Cap$26.37 million OptionableNot Optionable Beta0.33 Key ExecutivesWei-Wu HeExecutive Chairman & Chief Executive OfficerWei ZhangPresidentCynthia Wong HuCOO, Secretary & General CounselWei Hao XuChief Financial OfficerAlexander A. ZukiwskiChief Medical OfficerKey CompetitorsERYTECH PharmaNASDAQ:ERYPHarpoon TherapeuticsNASDAQ:HARPSAB BiotherapeuticsNASDAQ:SABSGenetic TechnologiesNASDAQ:GENEAIM ImmunoTechNYSE:AIMView All CompetitorsInsiders & InstitutionsSusquehanna International Group LLPBought 23,758 shares on 2/14/2023Ownership: 0.422%James HuangBought 33,300 shares on 9/8/2022Total: $142,524.00 ($4.28/share)James HuangBought 19,162 shares on 9/6/2022Total: $74,540.18 ($3.89/share)James HuangBought 39,527 shares on 8/26/2022Total: $148,226.25 ($3.75/share)James HuangBought 5,000 shares on 8/24/2022Total: $18,750.00 ($3.75/share)View All Insider TransactionsView All Institutional Transactions CASI Stock - Frequently Asked Questions Should I buy or sell CASI Pharmaceuticals stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CASI Pharmaceuticals in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued twelve-month price targets for CASI Pharmaceuticals' stock. Their CASI share price forecasts range from $10.00 to $10.00. On average, they predict the company's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 405.1% 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 2023? CASI Pharmaceuticals' stock was trading at $1.79 at the beginning of the year. Since then, CASI stock has increased by 10.6% and is now trading at $1.98. View the best growth stocks for 2023 here. Are investors shorting CASI Pharmaceuticals? CASI Pharmaceuticals saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 244,000 shares, a drop of 6.0% from the February 28th total of 259,700 shares. Based on an average trading volume of 26,700 shares, the days-to-cover ratio is presently 9.1 days. Currently, 2.6% of the company's shares are short sold. View CASI Pharmaceuticals' Short Interest. How were CASI Pharmaceuticals' earnings last quarter? CASI Pharmaceuticals, Inc. (NASDAQ:CASI) announced its quarterly 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 earned $8.11 million during the quarter, compared to the consensus estimate 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 last year, the business posted ($1.40) earnings per share. When did CASI Pharmaceuticals' stock split? Shares of CASI Pharmaceuticals reverse split before market open on 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 closing bell 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 Platforms (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 investors include Susquehanna International Group LLP (0.42%) and Concourse Financial Group Securities Inc. (0.00%). 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 $1.98. How much money does CASI Pharmaceuticals make? CASI Pharmaceuticals (NASDAQ:CASI) has a market capitalization of $26.37 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 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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