Celldex Therapeutics, Inc. (CLDX) Stock: A Biotechnology Stock That’s Making Its Way For The Bottom


Celldex Therapeutics, Inc. (CLDX) is making a move down in the market in today’s trading session. The stock, focused on the biotechnology sector, is presently trading at $2.38 after tumbling -9.16% so far today. As it relates to biotech stocks, there are several aspects that have the potential to generate price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines relating to CLDX:

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Nov-08-19 07:30AM CDX-1140 Demonstrates Clinical and Biological Activity in Patients with Advanced Solid Tumors in Phase 1 Dose Escalation Study
Oct-30-19 10:33AM Will Celldex Therapeutics (CLDX) Report Negative Q3 Earnings? What You Should Know
Oct-02-19 08:01AM Celldex Therapeutics Announces Upcoming Data Presentations
Sep-30-19 04:01PM Celldex Therapeutics to Present at the Cantor Global Healthcare Conference
Sep-06-19 12:11PM Edited Transcript of CLDX earnings conference call or presentation 7-Aug-19 8:30pm GMT

Nonetheless, any time investors are making a decision with regard to investing, investors should take a look at much more than news, especially in the highly speculative biotechnology sector. Here’s what’s happening in regard to Celldex Therapeutics, Inc..

The Performance That CLDX Investors Have Experienced

Although a move toward the top in a single session, like what we’re seeing from Celldex Therapeutics, Inc. may make some investors upset, a single session move by itself should not be the basis of a decision to, or not to, buy a company’s stock. It’s always a good idea to dig into trends just a single trading day. As it relates to CLDX, here are the trends that investors have seen:

  • Weekly – Over the last week, CLDX has seen a change in price amounting to -0.83%.
  • Monthly – The return from Celldex Therapeutics, Inc. throughout the past month comes to 9.68%.
  • Past Three Months – Throughout the past three months, the stock has produced a return of 12.80%
  • Past 6 Months – In the last six months, investors have seen a performance of -23.47% from the company.
  • YTD – Since the the first trading session of this year CLDX has generated a return of -19.82%.
  • Annually – Lastly, in the past year, we’ve seen movement that works out to -52.90% out of CLDX. Throughout this period of time, the stock has sold at a high price of -79.51% and a low of 18.41%.

Ratios Of Note

Looking at a few ratios associated with a company generally gives prospective traders a look of just how dangerous and/or rewarding a stock pick might be. Below are a few of the most important ratios to consider when looking at CLDX.

Short Ratio – The short ratio is a measure of short interest. As the short ratio climbs, it shows that more investors believe that the value of the stock is going to go down. In general, biotechnology stocks can have a higher short ratio. On the other hand, we tend to see a lot of short squeezes in the sector. Nonetheless, in relation to Celldex Therapeutics, Inc., the stock’s short ratio amounts to 3.38.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Essentially, they measure whether or not a company can pay for its debts when they mature based on quick assets or current assets. In the biotechnology space, several companies are reliant on the continuation of investor support, the current and quick ratios can seem upsetting. However, some better companies in the biotech industry come with good current and quick ratios. When it comes to CLDX, the quick and current ratios come to 7.30 and 7.30 respectively.  

Book To Share Value – The book to share value compares the book value of assets currently owned by the company to the price of shares. In this particular case, that ratio comes in at 7.86.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the price of shares. Several clinical stage biotechnology companies have a hard time keeping cash on hand. So, if you’re interested in a biotechnology stock, this is an important ratio to think about. In this case, the cash to share value is 4.92.

What Analysts Think About Celldex Therapeutics, Inc.

While it’s rarely a smart idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a good idea to use their opinions in order to validate your own due diligence before making investment decisions in the biotechnology sector. Here are the recent moves that we have seen from analysts as it relates to CLDX.

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Aug-01-17 Resumed H.C. Wainwright Buy $10
Nov-07-16 Initiated Aegis Capital Buy
Mar-08-16 Downgrade Jefferies Buy → Hold
Mar-07-16 Downgrade Wedbush Outperform → Neutral $4
Mar-07-16 Downgrade Leerink Partners Outperform → Mkt Perform

Is Big Money Interested in Celldex Therapeutics, Inc.?

An interesting fact I’ve learned in my short period in existence has been that smart investors tend to follow big money investors. In other words, investors that are trying to keep the risk down will keep their eyes on trades made by institutional investors as well as insiders of the company. So, how does the big money flow as it relates to CLDX? Here’s the information:

  • Institutions – Currently, institutional investors own 25.70% of the company. However, it is important to consider that institutional ownership has seen a move in the amount of -1.19% in the past 3 months.
  • Investors On The Inside – with regard to insiders, insiders of the company currently hold 0.36% of Celldex Therapeutics, Inc.. Insider ownership of the company has moved 0.00% over the past 3 months.

Interested In How Many Shares Are Available?

Traders tend to like to know the counts of shares both available and outstanding. As it relates to Celldex Therapeutics, Inc., currently there are 16.51M and there is a float of 14.98M. This means that of the total of 16.51M shares of CLDX in existence today, 14.98M are able to be traded on the market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to CLDX, the short percent of the float is 3.20%.

Financial Performance

What have ween seen from CLDX in terms of financial results?Here’s the data:

  • Analyst Expectations – As it stands, Wall Street analysts are expecting that Celldex Therapeutics, Inc. will report earnings per diluted share coming to a total of -3.37, with -0.84 being reported in the next financial report. Although this information isn’t based on earnings, since we are talking on the topic of Wall Street analysts, CLDX is presently rated a 2.00 when rated on a scale from 1 to 5 where 1 is the poorest analyst grade and 5 is the best.
  • 5-Year Sales – Throughout the past 5 years, Celldex Therapeutics, Inc. has reported a change in sales volume that works out to 18.30%. Earnings over the last 5 years have experienced a change of 1.10%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is commonly represented in the world of humans, Celldex Therapeutics, Inc. has experienced a change in earnings in the amount of 49.40%. The company has also experienced movement when it comes to revenue that adds up to -75.00%.

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