Celcuity Inc (NASDAQ: CELC) is -21.77% lower on its value in year-to-date trading and has touched a low of $7.57 and a high of $19.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CELC stock was last observed hovering at around $9.99 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $10.24, the stock is 5.94% and -2.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 2.50% at the moment leaves the stock -25.26% off its SMA200. CELC registered -40.57% loss for a year compared to 6-month loss of -35.07%. The firm has a 50-day simple moving average (SMA 50) of $10.4999 and a 200-day simple moving average (SMA200) of $13.701175.
The stock witnessed a -2.75% gain in the last 1 month and extending the period to 3 months gives it a -8.98%, and is 18.38% 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 8.14% over the week and 10.23% over the month.
Celcuity Inc (CELC) has around 87 employees, a market worth around $387.48M and $0.00M in sales. Distance from 52-week low is 35.18% and -48.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-52.38%).
The EPS is expected to shrink by -20.65% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
142.0 institutions hold shares in Celcuity Inc (CELC), with institutional investors hold 98.69% of the company’s shares. The shares outstanding are 37.14M, and float is at 30.78M with Short Float at 10.09%. Institutions hold 85.67% 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 9.0157 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 7.3755 of the shares outstanding. The other top investors are PERCEPTIVE ADVISORS LLC which holds 2.36 million shares representing 6.1447 and valued at over $38.69 million, while BAKER BROS. ADVISORS LP holds 4.8771 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 Oct 23 ’24 at a price of $16.25 per share for a total of $5688.0. Following the sale, the insider now owns 6681.0 shares.
Celcuity Inc disclosed in a document filed with the SEC on Aug 23 ’24 that Buller Richard E (Director) sold a total of 350 shares of the company’s common stock. The trade occurred on Aug 23 ’24 and was made at $16.95 per share for $5932.0. Following the transaction, the insider now directly holds 7031.0 shares of the CELC stock.
Still, SEC filings show that on Aug 23 ’24, Buller Richard E (Director) Proposed Sale 700 shares at an average price of $16.95 for $11865.0. The insider now directly holds shares of Celcuity Inc (CELC).
