Cellectar Biosciences (CLRB) Scheduled to Post Quarterly Earnings on Monday

Posted by ABMN Staff on Nov 16th, 2024

Cellectar Biosciences (NASDAQ:CLRB – Get Free Report) is scheduled to release its earnings data before the market opens on Monday, November 18th. Analysts expect Cellectar Biosciences to post earnings of ($0.34) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Cellectar Biosciences (NASDAQ:CLRB – Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The biopharmaceutical company reported ($0.51) earnings per share (EPS) for the quarter. On average, analysts expect Cellectar Biosciences to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cellectar Biosciences Price Performance

NASDAQ:CLRB opened at $1.86 on Friday. Cellectar Biosciences has a 12-month low of $1.82 and a 12-month high of $4.45. The firm has a market capitalization of $75.46 million, a P/E ratio of -0.76 and a beta of 1.00. The business has a 50 day simple moving average of $2.08 and a 200 day simple moving average of $2.45.

Analysts Set New Price Targets

A number of research firms recently issued reports on CLRB. StockNews.com upgraded Cellectar Biosciences to a “sell” rating in a research report on Thursday, September 26th. Oppenheimer reaffirmed an “outperform” rating and set a $14.00 target price on shares of Cellectar Biosciences in a research note on Friday, October 11th.

Read Our Latest Research Report on CLRB

About Cellectar Biosciences

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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 head and neck cancer.