Celldex Stock Falls On Unusually High Volume (CLDX)

NEW YORK ( TheStreet) -- Celldex Therapeutics (Nasdaq: CLDX) is trading at unusually high volume Monday with 3.3 million shares changing hands. It is currently at two times its average daily volume and trading down 83 cents (-3.9%) at $20.44 as of 11:45 a.m. ET.

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Celldex has a market cap of $1.51 billion and is part of the health care sector and drugs industry. Shares are up 217% year to date as of the close of trading on Friday.

Celldex Therapeutics, Inc., a biopharmaceutical company, focuses on the development, manufacture, and commercialization of novel therapeutics for human health care primarily in the United States.

TheStreet Ratings rates Celldex as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and weak operating cash flow. You can view the full Celldex Ratings Report.

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