Celsion Corporation (NASDAQ:CLSN) soared 17.98% or +0.044 points during previous trade after opening at the price of $0.26, a total of 6,226,173 shares exchanged hands compared with its average trading volume of 2.31M shares. The stock has a market capitalization of $9.07M and it has 31.20M outstanding shares.
According to consensus agreement of 2 analysts Celsion Corporation (NASDAQ:CLSN) will report earnings per share of $-0.19 in their quarterly report and it is expected to announce the company’s results on 3/16/17 Before Market Open. The stock lost almost -69.6% in price since last earning report, when its share price was $0.92. For the current quarter the company has highest EPS estimates of $-0.16 and low forecast is $-0.21. However a year ago for the same quarter the company has reported $-0.24 earnings per share.
Earnings reaction history indicates that share price went down 14 times out of last 27 quarters. In Celsion Corporation (NASDAQ:CLSN)’s last 12 earnings reports, it has beaten EPS estimates 41% of the time. However it has meet the estimates 1 time and missed 6 times.
If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 9/2016, the consensus mean EPS was $-0.19 while Celsion Corporation (NASDAQ:CLSN) reported $-0.23 EPS on 11/10/2016 Before Market Open with a difference of -0.04 marking a surprise factor of -21.05%. The stock’s next day closing price was $0.92. On seventh day of the earnings report price change of the stock was -6.52%.
Previously for the quarter ended on 6/2016, Celsion Corporation (NASDAQ:CLSN)’s expected mean EPS was $-0.21, the company reported its quarterly earnings per share of $-0.19 on 8/15/2016 Before Market Open, beating the analysts’ consensus estimate by 0.02 with surprise factor of 9.52%. The stock’s closing price was $1.25 with the gain of 4.17% in its share price on the day following the earning announcement. However price change of the stock was 10.00% on seventh day of the earnings report.
Celsion Corporation (NASDAQ:CLSN)’s mean EPS estimate was $-0.23 for the quarter ended on 3/2016, while it reported EPS of $-0.23 on 5/16/2016 Before Market Open, meeting the analysts’ consensus estimate by 0.00 with surprise factor of 0.00%. On next day when data was publically announced, the stock’s closing price was $1.49. On seventh day of the earnings report price change of the stock was down -4.70%.
Back on 3/30/2016 the company’s estimated EPS value was $-0.18 and it reported $-0.24 earnings per share (EPS) for the quarter ended on 12/2015. The company posted a negative surprise factor of -33.33% by -0.06.
Average EPS forecast for the current year is $-0.85 according to 2 analysts making projections for Celsion Corporation (NASDAQ:CLSN). The most expectant earnings per share estimate of the stock is set at $-0.82 while the conservative estimates kept at $-0.88 over the current year. Having a look at the historical EPS report, the company attained $-1.03 EPS for the previous year. While revenue estimates for the current year is $500k, Celsion Corporation (NASDAQ:CLSN) setting the highest revenues estimates of $500k and indicating lowest revenues at $500k according to agreement of 3 number of analysts. Current quarter revenue movements show that, the company has set average revenue estimates of $130k covering forecast of 3analysts. The company indicates a peak revenue level of $130k and $130k at bottom level.
Having a glance at growth estimates of the company, it has current quarter growth estimates of 20.80% whereas for next quarter it has 25.00% estimations over growth. Its forecasts over growth are 17.50% during current year while analysts’ growth estimation for the next year is 32.90%.
Celsion Corporation (NASDAQ:CLSN) reached at $0.290 price level during last trade its distance from 20 days simple moving average is 19.62%, and its distance from 50 days simple moving average is -9.81% while it has a distance of -67.82% from the 200 days simple moving average. One year trading price range hit the peak level of $1.78 and touched the lowest level of $0.19. The company’s distance from 52-week high price is -83.71% and current price is above +56.76% from 52-week low price.