Shares of Cel-Sci Corp . (NYSE:CVM) have shown a positive performance in the past month, despite a year-to-date downside of -30.64%. The shares traded at $1.63 on Friday, and have risen by 40.52% over the past month, including a 6.54% action over the past five days.
The company's shares are down -125.77% from its 52-week high but have increased by 36.2% from its low. The consensus price target is $10.00, requiring an 83.7% rise from the current market value. A total of 2.24 million shares changed hands, and analysts who expect an EPS of -$0.16 for the current quarter gave the company a consensus Buy rating.
On November 2, CVM's stock surged by 11.45% to $1.85, fluctuating between $1.93 and $1.66, closing at $1.66. Despite a sales decline of -20.54% over the past five years, CVM's annual EPS was 13.68%, with an expected increase to 14.94% this year.
The company's next quarterly earnings report is expected between December 26 and January 01. Fiscal year 2023 revenue estimates have been upgraded and insiders hold 3.61% of shares while institutional holders hold 11.94%, with Vanguard Group Inc holding the highest at 4.02%.
Blackrock (NYSE:BLK) Inc holds the second largest percentage of outstanding shares at 1.59%, and the top Mutual Funds are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund.
Despite a challenging year, Cel-Sci Corp.'s shares have shown resilience in recent weeks, and StockWire News' Wealth Building Report has highlighted CVM as a potential future winner among small caps. The company's shares have a beta of 1.27 and a market valuation of $77.03M, with 5.5 million shares sold at a short interest cover period of 30.05 days. The share float percentage stands at 12.39%.
InvestingPro Insights
InvestingPro data provides a deeper look into the financial health and performance of Cel-Sci Corp. (CVM). The company's market cap stands at 95.94M USD, reflecting its overall business value. CVM's P/E ratio of -2.14 and Price/Book ratio of 4.83 in the last twelve months as of Q3 2023 indicate the company is trading at a high price relative to its book value and earnings. Furthermore, the company has shown a significant return over the last week, month, and three months, with respective returns of 52.89%, 59.48%, and 17.83%.
InvestingPro Tips also shed light on some challenges for CVM. The company has been quickly burning through cash and operates with a poor return on assets. It also has weak gross profit margins, with a gross profit of -23.67M USD in the last twelve months as of Q3 2023. Despite these challenges, the company's earnings per share have been consistently increasing.
InvestingPro offers additional insights and tips for a comprehensive understanding of the market dynamics. For instance, there are 13 more tips about CVM available in the InvestingPro platform, covering a range of financial metrics and performance indicators.
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