With 0.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.04 million shares. The 52-week range on CLRB shows that it touched its highest point at $3.49 and its lowest point at $0.22 during that stretch. It currently has a 1-year price target of $2.00. Beta for the stock currently stands at 0.51.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CLRB was down-trending over the past week, with a drop of -4.81%, but this was up by 4.53% over a month. Three-month performance dropped to -8.88% while six-month performance fell -87.61%. The stock lost -92.45% in the past year, while it has lost -15.89% so far this year. A look at the trailing 12-month EPS for CLRB yields -1.51 with Next year EPS estimates of -0.70. For the next quarter, that number is -0.16. This implies an EPS growth rate of 47.54% for this year and -8.85% for next year. EPS is expected to grow by 16.51% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.27%.
Float and Shares Shorts:
At present, 46.08 million CLRB shares are outstanding with a float of 45.31 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CLRB since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.47459 being high and -$1.7398 being low. For CLRB, this leads to a yearly average estimate of -$1.6125.
