The stock of Celularity Inc. (NASDAQ:CELU) increased by $0.01 on Tuesday to at $0.30, up 4.90 percent. The last five days have seen an average of 778,887 shares of common stock traded. 1 time new highs were reached in the current year, with a fall of -$0.9849. The average number of shares traded over the last 20 days was 600,342, while the average volume over the last 50 days totaled 772,711.
CELU stock dropped -26.11% since last month. On 08/28/23, the company’s shares reached a one-month low of $0.2700. The stock touched a high of $3.05 on 01/03/23, after rallying from a low of $0.27 in 52 weeks. The price of CELU stock has declined by -76.74% or -$0.9849 this year, reaching a new high 1 time. Still, the stock price is down -90.16% from the 52-week high.
Insider Transactions
CELU stock investors should be aware that Celularity Inc. (CELU) stock had its last reported insider trading activity 272 days ago on Nov 30. On Nov 30, Chief Executive Officer Hariri Robert J acquired 10,000 shares at $1.72 each. This transaction resulted in the insider spending $17,175. On Nov 29, Hariri Robert J added 40,000 shares at a price of US$1.71. After the transaction, the insider now owns 8,064,996 shares. Chief Executive Officer Hariri Robert J had earlier bought 40,000 shares on Nov 28 for $1.74 a share. The transaction was completed for $69,600.
Valuation Metrics
Beta for the stock is 0.13. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.79, the price-to-book (PB) ratio of 0.45.
Financial Health
For the three months ended June 29, Celularity Inc.’s quick ratio was 0.20, while its current ratio was 0.30, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.14, and the total debt to equity ratio is 0.29. As far as profitability goes, gross margin for the trailing twelve months is -0.80% percent. Based on annual data, it had gross profit of -$1.69 million and revenue of $17.98 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CELU’s return on assets (ROA) during the last 12 months has been -22.90%. There was a -10.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -51.90%.
Earnings Surprise
According to Celularity Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $2.94 million, while revenues fell by -28.57% to $3.94 million. It was predicted that Celularity Inc.’s quarterly earnings would be -$0.27, but it ended up being -$0.03. EBITDA was $67.65 million for the quarter. At the end of Celularity Inc.’s most recent quarter ended June 29, its liabilities totaled 127.92 million, while its total debt was $61.95 million. Equity owned by shareholders amounts to $190.95 million.
Technical Picture
Here’s a quick look at Celularity Inc.’s (CELU) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 43.04%, suggesting the stock is Neutral, with a 82.79% historical volatility rate.
The stochastic %K and %D were 30.63% and 26.87% respectively, while the average true range (ATR) was 0.0367. Based on the 14-day stochastic reading of 43.87%, the RSI (14) reading is 38.90%. On the 9-day MACD Oscillator, the stock is at -0.0012.
Analyst Ratings
Celularity Inc. (NASDAQ: CELU) was downgraded by Morgan Stanley to a an Underweight rating in its latest research report. The stock was previously rated as a an Equal-weight. Analysts have assigned Celularity Inc. (CELU) an Buy rating. CELU is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is CELU’s price target for the next 12 months?
The current consensus forecast for the stock is between $2.50 and $2.50, with a median target price of $2.50. In analyzing these forecasts, the average price target given by analysts for Celularity Inc. (CELU) is $2.50.
