Celcuity Inc (NASDAQ: CELC) is 15.85% higher on its value in year-to-date trading and has touched a low of $8.39 and a high of $22.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CELC stock was last observed hovering at around $16.99 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $16.88, the stock is -0.81% and 0.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.31 million and changing -0.65% at the moment leaves the stock 5.68% off its SMA200. CELC registered 70.33% gain for a year compared to 6-month gain of 12.53%.
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The stock witnessed a -9.68% loss in the last 1 month and extending the period to 3 months gives it a 5.57%, and is 7.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.82% over the week and 6.78% over the month.
Celcuity Inc (CELC) has around 55 employees, a market worth around $625.07M and $0.00M in sales. Distance from 52-week low is 101.22% and -23.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.25%).
Celcuity Inc quarterly earnings per share for the current quarter are estimated at -0.65.The EPS is expected to grow by 2.55% this year
129.0 institutions hold shares in Celcuity Inc (CELC), with institutional investors hold 94.56% of the company’s shares. The shares outstanding are 37.03M, and float is at 30.08M with Short Float at 7.53%. Institutions hold 79.61% of the Float.
The top institutional shareholder in the company is BVF INC/IL with over 3.47 million shares valued at $56.77 million. The investor’s holdings represent 10.3118 of the CELC Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 2.84 million shares valued at $46.44 million to account for 8.4359 of the shares outstanding. The other top investors are PERCEPTIVE ADVISORS LLC which holds 2.36 million shares representing 7.0281 and valued at over $38.69 million, while BAKER BROS. ADVISORS LP holds 5.5783 of the shares totaling 1.87 million with a market value of $30.71 million.
Celcuity Inc (CELC) Insider Activity
The most recent transaction is an insider sale by Buller Richard E, the company’s Director. SEC filings show that Buller Richard E sold 350 shares of the company’s common stock on Jun 21 ’24 at a price of $15.68 per share for a total of $5488.0. Following the sale, the insider now owns 7381.0 shares.
Celcuity Inc disclosed in a document filed with the SEC on Apr 24 ’24 that Buller Richard E (Director) sold a total of 350 shares of the company’s common stock. The trade occurred on Apr 24 ’24 and was made at $17.06 per share for $5971.0. Following the transaction, the insider now directly holds 7731.0 shares of the CELC stock.
Still, SEC filings show that on Feb 21 ’24, Buller Richard E (Director) disposed off 350 shares at an average price of $14.15 for $4952.0. The insider now directly holds 8,081 shares of Celcuity Inc (CELC).
