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Cellectis (NASDAQ:CLLS) Research Coverage Started at StockNews.com


Cellectis (NASDAQ:CLLS) Research Coverage Started at StockNews.com

Shares of NASDAQ CLLS opened at $1.90 on Friday. The stock has a market cap of $105.61 million, a PE ratio of -1.47 and a beta of 3.09. Cellectis has a 52-week low of $0.96 and a 52-week high of $3.77. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.92 and a current ratio of 1.92. The business has a fifty day moving average of $2.17 and a two-hundred day moving average of $2.35.

Cellectis (NASDAQ:CLLS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The biotechnology company reported ($0.28) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.33) by $0.05. Cellectis had a negative return on equity of 78.90% and a negative net margin of 401.83%. The firm had revenue of $9.50 million during the quarter, compared to the consensus estimate of $6.00 million. As a group, equities research analysts expect that Cellectis will post -0.54 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. XTX Topco Ltd acquired a new stake in shares of Cellectis during the 2nd quarter worth approximately $29,000. First Affirmative Financial Network acquired a new stake in shares of Cellectis during the third quarter worth $45,000. Principal Financial Group Inc. raised its position in Cellectis by 2.9% in the 2nd quarter. Principal Financial Group Inc. now owns 437,000 shares of the biotechnology company's stock valued at $817,000 after buying an additional 12,467 shares during the last quarter. Baillie Gifford & Co. grew its stake in shares of Cellectis by 1.3% during the 1st quarter. Baillie Gifford & Co. now owns 827,248 shares of the biotechnology company's stock worth $2,192,000 after acquiring an additional 10,605 shares in the last quarter. Finally, Long Focus Capital Management LLC boosted its holdings in Cellectis by 2.9% during the second quarter. Long Focus Capital Management LLC now owns 4,617,293 shares of the biotechnology company's stock worth $8,634,000 after purchasing an additional 130,000 shares during the last quarter. Institutional investors and hedge funds own 63.90% of the company's stock.

Cellectis SA, a clinical stage biotechnological company, develops immuno-oncology products based on gene-edited T-cells that express chimeric antigen receptors to target and eradicate cancer cells. The company is developing UCART19, an allogeneic T-cell product candidate for the treatment of CD19-expressing hematologic malignancies, such as acute lymphoblastic leukemia; ALLO-501 and ALLO-501A to treat relapsed or refractory for non-hodgkin lymphoma (NHL); and ALLO-715 for the treatment of multiple myeloma.

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