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Dawson James Remains a Hold on Caladrius Biosciences (CLBS)

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Dawson James analyst Jason Kolbert maintained a Hold rating on Caladrius Biosciences (CLBSResearch Report) on December 10. The company’s shares closed last Tuesday at $1.03, close to its 52-week low of $0.82.

According to TipRanks.com, Kolbert ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.6% and a 35.5% success rate. Kolbert covers the Healthcare sector, focusing on stocks such as Brainstorm Cell Therapeutics, Citius Pharmaceuticals, and Sorrento Therapeutics.

The the analyst consensus on Caladrius Biosciences is currently a Hold rating.

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Based on Caladrius Biosciences’ latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $6.93 million. In comparison, last year the company had a GAAP net loss of $5.33 million.

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Caladrius Biosciences, Inc. is a biopharmaceutical company, which engages in developing products in cardiovascular and autoimmune disease that have the potential to restore the health of people with chronic illnesses. Its product pipeline includes CLBS12, CLBS14, and CLBS03. The company was founded on September 18, 1980 and is headquartered in Basking Ridge, NJ.

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