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1 Comment
Cellectar Biosciences, Inc is currently in a long term downtrend where the price is trading 29.0% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 0.0.
Cellectar Biosciences, Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 7.0% to $-4M since the same quarter in the previous year.
Finally, its free cash flow fell by 44.6% to $-4M since the same quarter in the previous year.
Based on the above factors, Cellectar Biosciences, Inc gets an overall score of 1/5.
CurrencyCode | USD |
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Industry | Biotechnology |
Sector | Healthcare |
ISIN | US15117F5008 |
Exchange | NASDAQ |
Beta | 1.17 |
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Target Price | 12.6 |
PE Ratio | None |
Market Cap | 14M |
Dividend Yield | 0.0% |
Cellectar Biosciences, Inc., a clinical biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs for the treatment of cancer. Its lead phospholipid drug conjugate (PDC) candidate is CLR 131 (iopofosine I-131), which is in Phase 2 clinical study for patients with B-cell malignancies; Phase 2a clinical study for patients with relapsed or refractory (r/r) Waldenstrom's macroglobulinemia cohort, r/r multiple myeloma (MM) cohort, and r/r non-Hodgkin's lymphoma cohort; Phase 1 clinical study for r/r pediatric patients with select solid tumors, lymphomas, and malignant brain tumors; and Phase 1 clinical study for r/r pediatric patients with head and neck cancer. The company also develops CLR 1900, a PDC chemotherapeutic program that is in the preclinical development stage to treat solid tumors. It has collaborative with Orano Med to develop CLR 12120 Series; and LegoChemBio. The company was founded in 2002 and is headquartered in Florham Park, New Jersey.
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