- CLDX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $33.2 million.
- CLDX has traded 2.6 million shares today.
- CLDX traded in a range 266.4% of the normal price range with a price range of $2.69.
- CLDX traded above its daily resistance level (quality: 98 days, meaning that the stock is crossing a resistance level set by the last 98 calendar days. The resistance price is defined by the Price - $0.01 at the time of the signal).
Stocks matching the 'Barbarian at the Gate' criteria are worthwhile stocks to watch for a variety of factors including historical back testing and volatility. Trade-Ideas targets these opportunities because the stock is exhibiting an unusual behavior while displaying positive price action. In this case, the stock crossed an important inflection point; namely, 'resistance' while at the same time the range of the stock's movement in price is more than twice its normal size. This large range foreshadows a possible continuation as the stock moves higher. EXCLUSIVE OFFER: Get the inside scoop on opportunities in CLDX with the Ticky from Trade-Ideas. See the FREE profile for CLDX NOW at Trade-Ideas More details on CLDX: Celldex Therapeutics, Inc., a biopharmaceutical company, develops, manufactures, and commercializes novel therapeutics for human health care in the United States. Currently there are 8 analysts that rate Celldex Therapeutics a buy, no analysts rate it a sell, and none rate it a hold. The average volume for Celldex Therapeutics has been 2.0 million shares per day over the past 30 days. Celldex has a market cap of $1.5 billion and is part of the health care sector and drugs industry. The stock has a beta of 2.92 and a short float of 21.6% with 9.29 days to cover. Shares are down 20.5% year-to-date as of the close of trading on Thursday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Celldex Therapeutics as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, weak operating cash flow and generally disappointing historical performance in the stock itself. Highlights from the ratings report include:
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed compared to the Biotechnology industry average, but is greater than that of the S&P 500. The net income has decreased by 13.9% when compared to the same quarter one year ago, dropping from -$28.08 million to -$31.98 million.
- Net operating cash flow has declined marginally to -$27.79 million or 4.50% when compared to the same quarter last year. In conjunction, when comparing current results to the industry average, CELLDEX THERAPEUTICS INC has marginally lower results.
- Reflecting the weaknesses we have cited, including the decline in the company's earnings per share, CLDX has underperformed the S&P 500 Index, declining 5.41% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
- Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Biotechnology industry and the overall market, CELLDEX THERAPEUTICS INC's return on equity significantly trails that of both the industry average and the S&P 500.
- CELLDEX THERAPEUTICS INC' earnings per share from the most recent quarter came in slightly below the year earlier quarter. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, CELLDEX THERAPEUTICS INC reported poor results of -$1.32 versus -$1.03 in the prior year. This year, the market expects an improvement in earnings (-$1.31 versus -$1.32).
- You can view the full Celldex Therapeutics Ratings Report.
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