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Clene (CLNN)
NASDAQ:CLNN
Clene (CLNN) Stock Price & Analysis
800 Followers
CLNN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.25 - $1.09
Previous Close$0.34
Volume315.19K
Average Volume (3M)932.55K
Market Cap
$43.04M
Enterprise Value$34.94M
Total Cash (Recent Filing)$35.00M
Total Debt (Recent Filing)$26.90M
Price to Earnings (P/E)-0.6
Beta0.09
Next Earnings
May 06, 2024EPS Estimate
-$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.55
Shares Outstanding128,430,098
10 Day Avg. Volume2,512,162
30 Day Avg. Volume932,547
Standard Deviation0.30
R-Squared0.02
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)3.19
Price to Sales (P/S)65.81
Price to Cash Flow (P/CF)-1.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue61.52
Enterprise Value/Gross Profit65.56
Enterprise Value/Ebitda-0.84
Forecast
1Y Price Target
$4.33Price Target Upside1184.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Clene News
Bulls Say, Bears Say
Bulls Say
Clinical Trial ResultsStudy participants treated with CNM-Au8 experienced significant improvements in visual amplitude and visual latency, indicating better neurological health and potential for remyelination.
Financial HealthThe company ended the year with substantial cash reserves, providing financial runway to support ongoing operations and the continued development of CNM-Au8.
Regulatory Milestone AnticipationCNM-Au8 continues to show positive data, with analysts expecting FDA to accept its New Drug Application, potentially filling a significant market gap in the ALS therapy market.
Bears Say
Clinical Trial ConcernsNo statistically significant differences in the primary endpoint of ALSFRS-R score change from baseline vs. placebo.
Clinical Trial SetbacksInitial findings on plasma neurofilament light chain (NfL) reductions were insufficient to support accelerated approval.
Earnings MissFinancial results posted EPS of ($0.08) and ($0.47), respectively, missing both the company's estimates and consensus.
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Ownership Overview
37.29% Insiders
2.75% Mutual Funds
2.55% Other Institutional Investors
57.42% 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 May 06, 2024 which is in 10 days.
How were Clene’s earnings last quarter?
Clene released its earnings results on Mar 13, 2024. The company reported -$0.01 earnings per share for the quarter, beating the consensus estimate of -$0.072 by $0.062.
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 -$0.01 in its last earnings report, beating expectations of -$0.072. 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 (1184.87% Upside)
$4.33 (1184.87% Upside)
Blogger Sentiment
Bullish
CLNN Sentiment 100%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $8.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 6.4%
Last 30 Days ▼ 6.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-65.57%
12-Months-Change
Fundamentals
Return on Equity
-595.47%
Trailing 12-Months
Asset Growth
17.64%
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 Months Forecast
Average Price Target
$4.33
▲(1184.87% Upside)
Technical Analysis
Best Analysts Covering CLNN
1 Year
1 Year Success Rate
1/15 ratings generated profit
1 Year Average Return
-40.41%
reiterated a buy rating 9 days ago
Copying Joseph Pantginis's trades and holding each position for 1 Year would result in 6.67% of your transactions generating a profit, with an average return of -40.41% per trade.
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