Celcuity (CELC) Expected to Announce Earnings on Wednesday

Celcuity (NASDAQ:CELC) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Celcuity to post earnings of ($0.72) per share for the quarter.

Celcuity Stock Performance

Shares of CELC stock opened at $10.50 on Monday. The stock has a fifty day moving average price of $11.24 and a 200 day moving average price of $13.12. The company has a debt-to-equity ratio of 0.65, a quick ratio of 10.36 and a current ratio of 10.35. The stock has a market cap of $389.87 million, a PE ratio of -4.02 and a beta of 0.65. Celcuity has a 1 year low of $8.53 and a 1 year high of $22.19.

Analyst Ratings Changes

Separately, Needham & Company LLC increased their price objective on shares of Celcuity from $23.00 to $29.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $30.17.

About Celcuity

Celcuity Inc, a clinical stage biotechnology company, focuses on the development of targeted therapies for the treatment of various solid tumors in the United States. The company's CELsignia diagnostic platform uses a patient's living tumor cells to identify the specific abnormal cellular process driving a patient's cancer and the related targeted therapy for the treatment.