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Clene (CLNN)
NASDAQ:CLNN
Clene (CLNN) Stock Price & Analysis
824 Followers
CLNN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.25 - $1.09
Previous Close$0.33
Volume463.84K
Average Volume (3M)851.14K
Market Cap
$42.25M
Enterprise Value$34.16M
Total Cash (Recent Filing)$35.00M
Total Debt (Recent Filing)$26.90M
Price to Earnings (P/E)―
Beta0.07
Next Earnings
Aug 12, 2024EPS Estimate
-$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.48
Shares Outstanding128,433,721
10 Day Avg. Volume731,746
30 Day Avg. Volume851,145
Standard Deviation0.30
R-Squared0.02
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)3.16
Price to Sales (P/S)64.61
Price to Cash Flow (P/CF)-1.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue60.14
Enterprise Value/Gross Profit64.09
Enterprise Value/Ebitda-0.82
Forecast
1Y Price Target
$4.33Price Target Upside1216.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Clene News
PremiumCompany Announcements
Clene Shareholders Approve Expansion and Governance Changes
PremiumPress Releases
Clene to Present at Upcoming May Conferences
PremiumPre-Earnings
Is CLNN a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Clinical DevelopmentsThe company's NIH-funded program is expanding enrollment, showing a high unmet need in the ALS community.
Drug EfficacyStudy participants treated with CNM-Au8 experienced significant improvements in visual amplitude.
Financial StabilityThe company has sufficient cash to fund operations through 4Q24, providing financial stability for the near-term.
Bears Say
Clinical Trial ConcernsDifficulties to meet functional primary endpoints in ALS trials, with no statistically significant differences observed.
Financial PerformanceFinancial results posted earnings per share (EPS) figures that missed both the company's estimates and consensus.
Regulatory ChallengesFDA feedback indicated that the existing neurofilament light chain (NfL) data is insufficient for an accelerated NDA filing under an accelerated approval pathway.
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Ownership Overview
37.20% Insiders
2.75% Mutual Funds
3.69% Other Institutional Investors
56.37% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CLNN FAQ
What was Clene’s price range in the past 12 months?
Clene lowest stock price was $0.25 and its highest was $1.09 in the past 12 months.
What is Clene’s market cap?
Currently, no data Available
When is Clene’s upcoming earnings report date?
Clene’s upcoming earnings report date is Aug 12, 2024 which is in 71 days.
How were Clene’s earnings last quarter?
Clene released its earnings results on May 08, 2024. The company reported -$0.09 earnings per share for the quarter, missing the consensus estimate of -$0.08 by -$0.01.
Is Clene overvalued?
According to Wall Street analysts Clene’s price is currently Undervalued.
Does Clene pay dividends?
Clene does not currently pay dividends.
What is Clene’s EPS estimate?
Clene’s EPS estimate is -$0.08.
How many shares outstanding does Clene have?
Clene has 128,433,720 shares outstanding.
What happened to Clene’s price movement after its last earnings report?
Clene reported an EPS of -$0.09 in its last earnings report, missing expectations of -$0.08. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Clene?
Currently, no hedge funds are holding shares in CLNN
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Clene Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$4.33 (1216.11% Upside)
$4.33 (1216.11% Upside)
Blogger Sentiment
Bullish
CLNN Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $22.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-66.08%
12-Months-Change
Fundamentals
Return on Equity
-3702.24%
Trailing 12-Months
Asset Growth
12.99%
Trailing 12-Months
Company Description
Clene
Clene is a clinical-stage biopharma company focused on developing and commercializing nanotherapeutics for the treatment of neurodegenerative disease.
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CLNN Stock 12 Month Forecast
Average Price Target
$4.33
▲(1216.11% Upside)
Technical Analysis
Cellectar Biosciences
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ACADIA Pharmaceuticals
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Alnylam Pharma
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BioMarin Pharmaceutical
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Best Analysts Covering CLNN
1 Year
1 Year Success Rate
1/16 ratings generated profit
1 Year Average Return
-39.55%
reiterated a buy rating 6 days ago
Copying Joseph Pantginis's trades and holding each position for 1 Year would result in 6.25% of your transactions generating a profit, with an average return of -39.55% per trade.
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