H.C. Wainwright slashes price target on Cel-Sci Corp [CVM] – find out why.

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Cel-Sci Corp [AMEX: CVM] traded at a low on Monday, posting a -6.55 loss after which it closed the day’ session at $0.28.

The results of the trading session contributed to over 18607969 shares changing hands. Over the past one week, the price volatility of Cel-Sci Corp stands at 11.32% while the volatility over the past one month is 12.76%.

The market cap for CVM stock reached $21.93 million, with 77.21 million shares outstanding and 75.40 million shares in the current float. Compared to the average trading volume of 1.31M shares, CVM reached a trading volume of 18607969 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Cel-Sci Corp [CVM]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CVM shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CVM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

H.C. Wainwright have made an estimate for Cel-Sci Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 13, 2020. While these analysts kept the previous recommendation, Dawson James raised their target price to Buy. The new note on the price target was released on March 02, 2015, representing the official price target for Cel-Sci Corp stock.

The Average True Range (ATR) for Cel-Sci Corp is set at 0.04 The Price to Book ratio for the last quarter was 1.84, with the Price to Cash per share for the same quarter was set at 0.06.

How has CVM stock performed recently?

Cel-Sci Corp [CVM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.69. With this latest performance, CVM shares dropped by -29.87% in over the last four-week period, additionally sinking by -76.33% over the last 6 months – not to mention a drop of -86.28% 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 CVM stock in for the last two-week period is set at 33.95, with the RSI for the last a single of trading hit 28.64, and the three-weeks RSI is set at 36.77 for Cel-Sci Corp [CVM]. The present Moving Average for the last 50 days of trading for this stock 0.3815, while it was recorded at 0.3035 for the last single week of trading, and 0.8542 for the last 200 days.

Cel-Sci Corp [CVM]: Deeper insight into the fundamentals

Cel-Sci Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 1.07.

Insider trade positions for Cel-Sci Corp [CVM]

There are presently around $9.11%, or 9.33%% of CVM stock, in the hands of institutional investors. The top three institutional holders of CVM stocks are: VANGUARD GROUP INC with ownership of 2.41 million shares, which is approximately 4.6364%. BLACKROCK INC., holding 0.77 million shares of the stock with an approximate value of $$0.9 million in CVM stocks shares; and BLACKROCK INC., currently with $$0.65 million in CVM stock with ownership which is approximately 1.0353%.