NASDAQ:CLSD - Clearside Biomedical Stock Price, News, & Analysis

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$1.45 -0.13 (-8.23 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$1.58
Today's Range$1.25 - $1.70
52-Week Range$0.99 - $15.33
Volume3.41 million shs
Average Volume844,409 shs
Market Capitalization$46.43 million
P/E Ratio-0.62
Dividend YieldN/A
Beta-1.3
Clearside Biomedical, Inc., a late-stage clinical biopharmaceutical company, develops pharmacological therapies to treat blinding diseases of the eye. It is developing suprachoroidal injection of CLS-TA, a proprietary preservative-free formulation of the corticosteroid triamcinolone acetonide, which is in Phase III clinical trial for the treatment of macular edema associated with non-infectious uveitis; suprachoroidal injection of CLS-TA and a concomitant intravitreal injection of Eylea, an inhibitor of vascular endothelial growth factor that is in Phase III clinical trial to treat macular edema associated with retinal vein occlusion; and suprachoroidal injection of CLS-TA alone or together with intravitreal injection of Eylea that is in phase II clinical trial for diabetic macular edema. The company also engages in the development of therapies in various areas, such as gene therapy for inherited retinal disorders, neovascular age-related macular degeneration, and other ocular diseases. The company was founded in 2011 and is headquartered in Alpharetta, Georgia.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CLSD
CUSIPN/A
Phone678-270-3631

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$340,000.00
Book Value$0.84 per share

Profitability

Net Income$-58,970,000.00

Miscellaneous

Employees34
Market Cap$46.43 million
OptionableOptionable

Clearside Biomedical (NASDAQ:CLSD) Frequently Asked Questions

What is Clearside Biomedical's stock symbol?

Clearside Biomedical trades on the NASDAQ under the ticker symbol "CLSD."

How were Clearside Biomedical's earnings last quarter?

Clearside Biomedical Inc (NASDAQ:CLSD) released its quarterly earnings results on Wednesday, August, 8th. The company reported ($0.65) EPS for the quarter, missing the Zacks' consensus estimate of ($0.58) by $0.07. View Clearside Biomedical's Earnings History.

When is Clearside Biomedical's next earnings date?

Clearside Biomedical is scheduled to release their next quarterly earnings announcement on Wednesday, March 13th 2019. View Earnings Estimates for Clearside Biomedical.

What price target have analysts set for CLSD?

8 analysts have issued 12 month price targets for Clearside Biomedical's stock. Their predictions range from $4.00 to $29.00. On average, they anticipate Clearside Biomedical's stock price to reach $12.7143 in the next twelve months. This suggests a possible upside of 759.1% from the stock's current price. View Analyst Price Targets for Clearside Biomedical.

What is the consensus analysts' recommendation for Clearside Biomedical?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearside Biomedical in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Clearside Biomedical.

Has Clearside Biomedical been receiving favorable news coverage?

Media coverage about CLSD stock has trended somewhat positive on Tuesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Clearside Biomedical earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Are investors shorting Clearside Biomedical?

Clearside Biomedical saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,120,474 shares, an increase of 44.2% from the January 15th total of 776,819 shares. Based on an average daily volume of 261,264 shares, the days-to-cover ratio is currently 4.3 days. Approximately 4.7% of the company's stock are short sold. View Clearside Biomedical's Current Options Chain.

Who are some of Clearside Biomedical's key competitors?

Who are Clearside Biomedical's key executives?

Clearside Biomedical's management team includes the folowing people:
  • Mr. Daniel H. White, Founder, Pres, CEO & Director (Age 52)
  • Mr. Charles A. Deignan, CFO & Sec. (Age 55)
  • Mr. Stephen C. Kilmer, Investor Relations Officer (Age 53)
  • Mr. Leslie B. Zacks, Gen. Counsel & Chief Compliance Officer (Age 50)
  • Mr. Rick McElheny, VP of Corp. Devel.

When did Clearside Biomedical IPO?

(CLSD) raised $50 million in an IPO on Thursday, June 2nd 2016. The company issued 7,200,000 shares at a price of $7.00 per share. Cowen and Company and Stifel acted as the underwriters for the IPO and Needham & Company, Wedbush PacGrow was co-manager.

Who are Clearside Biomedical's major shareholders?

Clearside Biomedical's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Sphera Funds Management LTD. (3.70%), Northpointe Capital LLC (1.76%), Millennium Management LLC (1.71%), Geode Capital Management LLC (0.95%), Two Sigma Investments LP (0.65%) and Tekla Capital Management LLC (0.52%). Company insiders that own Clearside Biomedical stock include Charles A Deignan, Christy L Shaffer, Clay Thorp, Daniel H White and Gerald D Cagle. View Institutional Ownership Trends for Clearside Biomedical.

Which major investors are selling Clearside Biomedical stock?

CLSD stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Northpointe Capital LLC and Wedbush Securities Inc.. View Insider Buying and Selling for Clearside Biomedical.

Which major investors are buying Clearside Biomedical stock?

CLSD stock was bought by a variety of institutional investors in the last quarter, including Fosun International Ltd, Two Sigma Investments LP, Tekla Capital Management LLC, Virtu Financial LLC, SG Americas Securities LLC, Sphera Funds Management LTD., Bank of New York Mellon Corp and Alambic Investment Management L.P.. Company insiders that have bought Clearside Biomedical stock in the last two years include Charles A Deignan, Christy L Shaffer, Clay Thorp, Daniel H White and Gerald D Cagle. View Insider Buying and Selling for Clearside Biomedical.

How do I buy shares of Clearside Biomedical?

Shares of CLSD 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, Scottrade, Fidelity and Charles Schwab.

What is Clearside Biomedical's stock price today?

One share of CLSD stock can currently be purchased for approximately $1.48.

How big of a company is Clearside Biomedical?

Clearside Biomedical has a market capitalization of $47.40 million and generates $340,000.00 in revenue each year. The company earns $-58,970,000.00 in net income (profit) each year or ($2.33) on an earnings per share basis. Clearside Biomedical employs 34 workers across the globe.

What is Clearside Biomedical's official website?

The official website for Clearside Biomedical is http://www.clearsidebio.com.

How can I contact Clearside Biomedical?

Clearside Biomedical's mailing address is 900 NORTH POINT PARKWAY SUITE 200, ALPHARETTA GA, 30005. The company can be reached via phone at 678-270-3631 or via email at [email protected]


MarketBeat Community Rating for Clearside Biomedical (NASDAQ CLSD)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  416
MarketBeat's community ratings are surveys of what our community members think about Clearside Biomedical and other stocks. Vote "Outperform" if you believe CLSD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLSD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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