Is Wall Street High Or Low On Celsion Corporation (CLSN)?

Celsion Corporation (NASDAQ:CLSN) traded with a subtraction of -$0.06 to $0.90 on Friday, a downside of -5.73 percent. An average of 824,636 shares of common stock have been traded in the last five days. There was a fall of -$0.0866 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 931,589 shares traded, while the 50-day average volume stands at 1,030,006.

CLSN stock has decreased by -4.95% in the last month. The company shares reached their 1-month lowest point of $0.8700 on 10/05/21. With the stock rallying to its 52-week high on 02/11/21, shares of the company touched a low of $0.43 and a high of $3.48 in 52 weeks. It has reached a new high 6 times so far this year and achieved 35.02% or $0.2024 in price. In spite of this, the price is down -73.99% from the 52-week high.


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Valuation Metrics

Celsion Corporation (CLSN) has a trailing price-to-earnings (P/E) ratio of 34.65 for the broader industry and 33.25 for the sector. The stock’s beta is 1.95. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 164.74, the price-to-book (PB) ratio at 1.28.

The quick ratio of Celsion Corporation for the three months ended June 29 was 11.20, and the current ratio was 11.20. Further, the company has a long term debt to equity ratio of 0.09 and a total debt to equity ratio of 0.09 for the quarter ending June 29. Celsion Corporation’s EBITDA margin for the year ending June 29 is -3548.98%. Its gross profit as reported stood at $18.99 million compared to revenue of $0.5 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Celsion Corporation’s return on assets was -38.50%. For the broader industry, ROE averaged -68.79 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Celsion Corporation had $31.92 million in cash and short-term investments compared to $5.76 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$5.45 million in the quarter, while revenues of -$5.69 million were grew 2.02%. The analyst consensus anticipated Celsion Corporation’s latest quarter earnings to come in at -$0.08 per share, but it turned out to be -$0.06, a 25.00% surprise. For the quarter, EBITDA amounted to -$4.77 million. Shareholders own equity worth $86.56 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Celsion Corporation (CLSN) price momentum. RSI 9-day as of the close on 21 October was 38.78%, suggesting the stock is Neutral, with historical volatility in this time frame at 66.47%.

As of today, CLSN’s price is $0.9661 -8.66% or -$0.0866 from its 5-day moving average. CLSN is currently trading -9.56% lower than its 20-day SMA and -24.51% lower than its 100-day SMA. However, the stock’s current price level is -13.01% below the SMA50 and +11.53% above the SMA200.

The stochastic %K and %D were 39.52% and 53.73%, respectively, and the average true range (ATR) was 0.0578. With the 14-day stochastic at 24.11% and the average true range at 0.0577, the RSI (14) stands at 41.39%. The stock has reached -0.0416 on the 9-day MACD Oscillator while the 14-day reading was at -0.0133.

Analyst Ratings

Oppenheimer downgraded Celsion Corporation (NASDAQ: CLSN) to a a Perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Celsion Corporation (CLSN) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell CLSN, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is CLSN’s price target for the next 12 months?

Analysts predict a range of price targets between $3.00 and $3.00, with a median target of $3.00. Taking a look at these predictions, the average price target given by analysts for Celsion Corporation (CLSN) stock is $3.00.

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