NASDAQ:CLRB

Cellectar Biosciences (CLRB) Stock Price, News & Analysis

$3.03
+0.01 (+0.33%)
(As of 04/26/2024 ET)
Today's Range
$2.98
$3.12
50-Day Range
$3.02
$4.24
52-Week Range
$1.33
$4.45
Volume
686,677 shs
Average Volume
891,528 shs
Market Capitalization
$97.75 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00

Cellectar Biosciences MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
560.1% Upside
$20.00 Price Target
Short Interest
Healthy
7.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.85) to ($0.58) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.22 out of 5 stars

Medical Sector

520th out of 914 stocks

Pharmaceutical Preparations Industry

227th out of 418 stocks

CLRB stock logo

About Cellectar Biosciences Stock (NASDAQ:CLRB)

Cellectar Biosciences, Inc., a clinical biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs for the treatment of cancer. Its lead phospholipid drug conjugate (PDC) candidate is CLR 131 (iopofosine I-131), which is in Phase 2 clinical study for patients with B-cell malignancies; Phase 2a clinical study for patients with relapsed or refractory (r/r) Waldenstrom's macroglobulinemia cohort, r/r multiple myeloma (MM) cohort, and r/r non-Hodgkin's lymphoma cohort; Phase 1 clinical study for r/r pediatric patients with select solid tumors, lymphomas, and malignant brain tumors; and Phase 1 clinical study for r/r pediatric patients with head and neck cancer. The company also develops CLR 1900, a PDC chemotherapeutic program that is in the preclinical development stage to treat solid tumors. It has collaborative with Orano Med to develop CLR 12120 Series; and LegoChemBio. The company was founded in 2002 and is headquartered in Florham Park, New Jersey.

CLRB Stock Price History

CLRB Stock News Headlines

CLRB Cellectar Biosciences, Inc.
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Q4 2023 Cellectar Biosciences Inc Earnings Call
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Earnings Preview For Cellectar Biosciences
Cellectar Biosciences Inc
Cellectar Biosciences Inc (CLRB)
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
4/27/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CLRB
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$28.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+560.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-37,980,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
($0.36) per share

Miscellaneous

Free Float
30,777,000
Market Cap
$97.75 million
Optionable
Optionable
Beta
0.92
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Key Executives

  • Mr. James V. Caruso (Age 65)
    President, CEO & Director
    Comp: $846.48k
  • Mr. Chad J. Kolean CPA (Age 60)
    VP, CFO & Secretary
    Comp: $453.22k
  • Mr. Jarrod Longcor (Age 51)
    Chief Operating Officer
    Comp: $625.32k
  • Mr. Darrell Shane Lea (Age 51)
    Chief Commercial Officer
  • Dr. Andrei Shustov M.D. (Age 53)
    Senior Vice President of Medical

CLRB Stock Analysis - Frequently Asked Questions

Should I buy or sell Cellectar Biosciences stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cellectar Biosciences 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" CLRB shares.
View CLRB analyst ratings
or view top-rated stocks.

What is Cellectar Biosciences' stock price target for 2024?

2 brokerages have issued twelve-month target prices for Cellectar Biosciences' shares. Their CLRB share price targets range from $12.00 to $28.00. On average, they expect the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 560.1% from the stock's current price.
View analysts price targets for CLRB
or view top-rated stocks among Wall Street analysts.

How have CLRB shares performed in 2024?

Cellectar Biosciences' stock was trading at $2.77 at the start of the year. Since then, CLRB stock has increased by 9.4% and is now trading at $3.03.
View the best growth stocks for 2024 here
.

Are investors shorting Cellectar Biosciences?

Cellectar Biosciences saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 2,190,000 shares, a decrease of 13.4% from the March 31st total of 2,530,000 shares. Based on an average daily trading volume, of 1,110,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 7.5% of the company's shares are short sold.
View Cellectar Biosciences' Short Interest
.

When is Cellectar Biosciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CLRB earnings forecast
.

How were Cellectar Biosciences' earnings last quarter?

Cellectar Biosciences, Inc. (NASDAQ:CLRB) released its quarterly earnings results on Wednesday, March, 27th. The biopharmaceutical company reported ($0.66) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.59) by $0.07.

When did Cellectar Biosciences' stock split?

Cellectar Biosciences shares reverse split before market open on Friday, July 22nd 2022. The 1-10 reverse split was announced on Friday, July 22nd 2022. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 22nd 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 Cellectar Biosciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cellectar Biosciences investors own include Hudbay Minerals (HBM), Zynga (ZNGA), Quantum (QTM), Baytex Energy (BTE), Sherritt International (S), Bombardier (BDRBF), Bombardier, Inc. Class B (BBD.B), Bonavista Energy Co. (BNP.TO) (BNP) and Hudbay Minerals (HBM).

Who are Cellectar Biosciences' major shareholders?

Cellectar Biosciences' stock is owned by a variety of institutional and retail investors. Top institutional investors include Rosalind Advisors Inc. (1.93%).
View institutional ownership trends
.

How do I buy shares of Cellectar Biosciences?

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

This page (NASDAQ:CLRB) was last updated on 4/27/2024 by MarketBeat.com Staff

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