NASDAQ:CLRBCellectar Biosciences Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cellectar Biosciences Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.04 -0.28 (-21.21 %) (As of 06/3/2020 03:30 PM ET) Add Compare Share Today's Range$1.01Now: $1.04▼$1.1350-Day Range$1.33MA: $1.53▼$1.7352-Week Range$1.04Now: $1.04▼$3.33Volume880,452 shsAverage Volume427,717 shsMarket Capitalization$9.78 millionP/E RatioN/ADividend YieldN/ABeta1.67 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Cellectar Biosciences, Inc., a clinical stage 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, which is in Phase II clinical study in patients with relapsed or refractory (R/R) multiple myeloma (MM) and a range of B-cell malignancies, as well as in Phase I clinical study for R/R MM. The company also develops CLR 1900, a PDC chemotherapeutic program that is targeted to treat solid tumors. It has collaborative PDC programs with Pierre Fabre to develop CLR 1800 Series; Avicenna Oncology GMBH to develop CLR 2000 Series; Onconova Therapeutics, Inc. to develop CLR 2100 and 2200 Series; and Orano Med to develop novel PDCs. The company was formerly known as Novelos Therapeutics, Inc. and changed its name to Cellectar Biosciences, Inc. in February 2014. Cellectar Biosciences, Inc. was founded in 2002 and is headquartered in Florham Park, New Jersey.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingCellectar Biosciences has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.33, Cellectar Biosciences has a potential upside of 517.9% from its current price of $1.03.Amount of Analyst CoverageCellectar Biosciences has only been the subject of 1 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesCellectar Biosciences has received 216 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCellectar Biosciences has received 185 “underperform” votes. (Add your “underperform” vote.)Community SentimentCellectar Biosciences has received 53.87% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Cellectar Biosciences and other stocks. Vote “Outperform” if you believe CLRB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CLRB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldCellectar Biosciences does not currently pay a dividend.Dividend GrowthCellectar Biosciences does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cellectar Biosciences insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.27% of the stock of Cellectar Biosciences is held by insiders.Percentage Held by InstitutionsOnly 15.66% of the stock of Cellectar Biosciences is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cellectar Biosciences are expected to grow in the coming year, from ($1.30) to ($1.12) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cellectar Biosciences is -0.63, 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 Cellectar Biosciences is -0.63, 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 RatioCellectar Biosciences has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.37 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:CLRB Previous Symbol CUSIPN/A CIK1279704 Webwww.cellectar.com Phone608-441-8120Debt Debt-to-Equity Ratio0.10 Current Ratio2.58 Quick Ratio2.58Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$0.84 per share Price / Book1.24Profitability EPS (Most Recent Fiscal Year)($1.84) Net Income$-14,090,000.00 Net MarginsN/A Return on Equity-152.18% Return on Assets-103.56%Miscellaneous Employees7 Outstanding Shares9,400,000Market Cap$9.78 million Next Earnings Date8/10/2020 (Estimated) OptionableNot Optionable NASDAQ:CLRB Rates by TradingView Receive CLRB News and Ratings via Email Sign-up to receive the latest news and ratings for CLRB and its competitors with MarketBeat's FREE daily newsletter. Cellectar Biosciences (NASDAQ:CLRB) Frequently Asked Questions How has Cellectar Biosciences' stock been impacted by COVID-19 (Coronavirus)? Cellectar Biosciences' stock was trading at $1.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CLRB shares have decreased by 43.1% and is now trading at $1.0250. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cellectar Biosciences? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cellectar Biosciences in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cellectar Biosciences. When is Cellectar Biosciences' next earnings date? Cellectar Biosciences is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Cellectar Biosciences. How were Cellectar Biosciences' earnings last quarter? Cellectar Biosciences Inc (NASDAQ:CLRB) released its quarterly earnings results on Thursday, May, 7th. The biopharmaceutical company reported ($0.42) EPS for the quarter, missing analysts' consensus estimates of ($0.35) by $0.07. View Cellectar Biosciences' earnings history. When did Cellectar Biosciences' stock split? How did Cellectar Biosciences' stock split work? Cellectar Biosciences shares reverse split before market open on Tuesday, July 17th 2018. The 1-10 reverse split was announced on Friday, July 13th 2018. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 13th 2018. An investor that had 100 shares of Cellectar Biosciences stock prior to the reverse split would have 10 shares after the split. What price target have analysts set for CLRB? 3 brokers have issued 1 year target prices for Cellectar Biosciences' stock. Their forecasts range from $3.00 to $10.00. On average, they expect Cellectar Biosciences' stock price to reach $6.33 in the next twelve months. This suggests a possible upside of 517.9% from the stock's current price. View analysts' price targets for Cellectar Biosciences. Has Cellectar Biosciences been receiving favorable news coverage? News headlines about CLRB stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Cellectar Biosciences earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutCellectar Biosciences. Are investors shorting Cellectar Biosciences? Cellectar Biosciences saw a decrease in short interest in May. As of May 15th, there was short interest totaling 900 shares, a decrease of 76.3% from the April 30th total of 3,800 shares. Based on an average trading volume of 133,400 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are short sold. View Cellectar Biosciences' Current Options Chain. Who are some of Cellectar Biosciences' key competitors? Some companies that are related to Cellectar Biosciences include Zosano Pharma (ZSAN), Seelos Therapeutics (SEEL), Cassava Sciences (SAVA), Cumberland Pharmaceuticals (CPIX), Soligenix (SNGX), Vascular Biogenics (VBLT), Infinity Pharmaceuticals (INFI), OncoSec Medical (ONCS), IMMUTEP LTD/S (IMMP), Advaxis (ADXS), Merrimack Pharmaceuticals (MACK), Aerpio Pharmaceuticals (ARPO), Bellicum Pharmaceuticals (BLCM), CNS Pharmaceuticals (CNSP) and KITOV PHARMA LT/S (KTOV). View all competitors. 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), Encana (ECA), Bombardier, Inc. Class B (BBD.B), Bonavista Energy (BNP) and Hudbay Minerals (HBM). Who are Cellectar Biosciences' key executives? Cellectar Biosciences' management team includes the following people: Mr. James V. Caruso, Pres, CEO & Director (Age 60)Mr. Jarrod Longcor, Chief Bus. Officer (Age 46)Mr. Charles T. Bernhardt, Interim Chief Financial Officer (Age 58)Gregory J. Lynch, Sec. What is Cellectar Biosciences' stock symbol? Cellectar Biosciences trades on the NASDAQ under the ticker symbol "CLRB." Who are Cellectar Biosciences' major shareholders? Cellectar Biosciences' stock is owned by many different retail and institutional investors. Top institutional investors include FNY Investment Advisers LLC (0.74%). Company insiders that own Cellectar Biosciences stock include James V Caruso, Jarrod Longcor and Stephen A Hill. View institutional ownership trends for Cellectar Biosciences. Which major investors are buying Cellectar Biosciences stock? CLRB stock was bought by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. Company insiders that have bought Cellectar Biosciences stock in the last two years include James V Caruso, and Jarrod Longcor. View insider buying and selling activity for Cellectar Biosciences. How do I buy shares of Cellectar Biosciences? Shares of CLRB 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 Cellectar Biosciences' stock price today? One share of CLRB stock can currently be purchased for approximately $1.03. How big of a company is Cellectar Biosciences? Cellectar Biosciences has a market capitalization of $9.64 million. The biopharmaceutical company earns $-14,090,000.00 in net income (profit) each year or ($1.84) on an earnings per share basis. Cellectar Biosciences employs 7 workers across the globe. What is Cellectar Biosciences' official website? The official website for Cellectar Biosciences is www.cellectar.com. How can I contact Cellectar Biosciences? Cellectar Biosciences' mailing address is 100 CAMPUS DRIVE, FLORHAM PARK NJ, 07932. The biopharmaceutical company can be reached via phone at 608-441-8120 or via email at [email protected] This page was last updated on 6/3/2020 by MarketBeat.com Staff
