Celsion Corporation [CLSN] Stock trading around $1.41 per share: What’s Next?

Celsion Corporation [NASDAQ: CLSN] plunged by -$0.02 during the normal trading session on Thursday and reaching a high of $1.458 during the day while it closed the day at $1.41. The company report on April 6, 2021 that CELSION CORPORATION ANNOUNCES CLOSING OF $15 MILLION REGISTERED DIRECT OFFERING.

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Celsion Corporation (NASDAQ: CLSN) (“Celsion” or the “Company”), announced the closing of its previously announced registered direct offering of 11,538,462 shares of common stock at a purchase price of $1.30 per share, resulting in net proceeds of $13.9 million, after deducting placement agents’ fees but before expenses payable by the Company.

A.G.P./Alliance Global Partners acted as the lead placement agent for the offering.

Celsion Corporation stock has also gained 2.17% of its value over the past 7 days. However, CLSN stock has inclined by 78.14% in the 3 months of the year. Over the past six months meanwhile, it has gained 101.26% and gained 98.31% year-on date.

The market cap for CLSN stock reached $99.95 million, with 75.01 million shares outstanding and 63.23 million shares in the current float. Compared to the average trading volume of 20.09M shares, CLSN reached a trading volume of 3197163 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Celsion Corporation [CLSN]:

Oppenheimer have made an estimate for Celsion Corporation shares, keeping their opinion on the stock as Perform, with their previous recommendation back on July 16, 2020. The new note on the price target was released on July 14, 2020, representing the official price target for Celsion Corporation stock. Previously, the target price had yet another raise to $7, while Maxim Group analysts kept a Buy rating on CLSN stock.

The Average True Range (ATR) for Celsion Corporation is set at 0.19, with the Price to Sales ratio for CLSN stock in the period of the last 12 months amounting to 199.91. The Price to Book ratio for the last quarter was 2.88, with the Price to Cash per share for the same quarter was set at 0.24.

CLSN stock trade performance evaluation

Celsion Corporation [CLSN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.17. With this latest performance, CLSN shares dropped by -29.50% in over the last four-week period, additionally plugging by 101.26% over the last 6 months – not to mention a rise of 48.42% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CLSN stock in for the last two-week period is set at 37.73, with the RSI for the last a single of trading hit 32.18, and the three-weeks RSI is set at 42.19 for Celsion Corporation [CLSN]. The present Moving Average for the last 50 days of trading for this stock 1.8972, while it was recorded at 1.4360 for the last single week of trading, and 1.2904 for the last 200 days.

Celsion Corporation [CLSN]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Celsion Corporation [CLSN] shares currently have an operating margin of -3697.28. Celsion Corporation’s Net Margin is presently recorded at -4296.71.

Return on Total Capital for CLSN is now -72.92, given the latest momentum, and Return on Invested Capital for the company is -91.57. Return on Equity for this stock declined to -129.54, with Return on Assets sitting at -56.68. When it comes to the capital structure of this company, Celsion Corporation [CLSN] has a Total Debt to Total Equity ratio set at 33.29. Additionally, CLSN Total Debt to Total Capital is recorded at 24.97, with Total Debt to Total Assets ending up at 16.51. Long-Term Debt to Equity for the company is recorded at 24.96, with the Long-Term Debt to Total Capital now at 18.72.

Reflecting on the efficiency of the workforce at the company, Celsion Corporation [CLSN] managed to generate an average of -$795,687 per employee. Receivables Turnover for the company is 46.80 with a Total Asset Turnover recorded at a value of 0.01.Celsion Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.80 and a Current Ratio set at 2.80.

Earnings per share (EPS) analysis for Celsion Corporation [CLSN] stock

With the latest financial reports released by the company, Celsion Corporation posted -0.2/share EPS, while the average EPS was predicted by analysts to be reported at -0.17/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -17.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CLSN.

Celsion Corporation [CLSN]: Insider Ownership positions

There are presently around $5 million, or 6.40% of CLSN stock, in the hands of institutional investors. The top three institutional holders of CLSN stocks are: VANGUARD GROUP INC with ownership of 1,265,670, which is approximately -0.323% of the company’s market cap and around 0.62% of the total institutional ownership; BLACKROCK INC., holding 709,245 shares of the stock with an approximate value of $1.0 million in CLSN stocks shares; and GSA CAPITAL PARTNERS LLP, currently with $0.38 million in CLSN stock with ownership of nearly 69.35% of the company’s market capitalization.

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Positions in Celsion Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 12 institutional holders increased their position in Celsion Corporation [NASDAQ:CLSN] by around 331,696 shares. Additionally, 21 investors decreased positions by around 2,264,240 shares, while 13 investors held positions by with 608,120 shares. The mentioned changes placed institutional holdings at 3,204,056 shares, according to the latest SEC report filing. CLSN stock had 4 new institutional investments in for a total of 138,376 shares, while 14 institutional investors sold positions of 1,324,330 shares during the same period.

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