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NASDAQ:CASI

CASI Pharmaceuticals (CASI) Stock Price, News & Analysis

$6.50
-0.05 (-0.76%)
(As of 09/6/2024 ET)
Today's Range
$6.45
$6.58
50-Day Range
$5.25
$7.30
52-Week Range
$1.90
$8.48
Volume
5,808 shs
Average Volume
171,465 shs
Market Capitalization
$87.11 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

CASI Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.7% Downside
$6.00 Price Target
Short Interest
Healthy
4.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.50
Upright™ Environmental Score
News Sentiment
0.98mentions of CASI Pharmaceuticals in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.56) to ($2.13) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.44 out of 5 stars

Medical Sector

261st out of 910 stocks

Pharmaceutical Preparations Industry

109th out of 426 stocks

CASI stock logo

About CASI Pharmaceuticals Stock (NASDAQ:CASI)

CASI Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes therapeutics and pharmaceutical products in the People's Republic of China, the United States, and internationally. It offers EVOMELA, an intravenous formulation of melphalan for use as a conditioning treatment prior to stem cell transplantation, and as a palliative treatment for patients with multiple myeloma. The company's other hematology/oncology assets in pipeline include CNCT 19, an autologous CD19 CAR-T investigative product; BI-1206, novel anti-Fc?RIIB antibody, for the treatment of solid tumors and relapsed/refractory non-hodgkin lymphoma; CB-5339, a novel VCP/p97 inhibitor that focuses on valosin-containing protein (VCP)/p97 as a novel target in protein homeostasis, DNA damage response, and other cellular stress pathways for therapeutic use in the treatment of patients with various malignancies; CID-103, a human IgG1 anti-CD38 monoclonal antibody; and Thiotepa, a chemotherapeutic agent, which has various indications, including use as a conditioning treatment for use prior to certain allogeneic haemopoietic stem cell transplants. The company has licensing agreements with Juventas Cell Therapy Ltd.; BioInvent International AB; Black Belt Therapeutics Limited; Cleave Therapeutics, Inc.; and Acrotech Biopharma L.L.C. to develop and commercialize its commercial product EVOMELA. It also has distribution agreements with China Resources Pharmaceutical Commercial Group International Trading Co., Ltd; Pharmathen Global BV; and Riemser Pharma GmbH. CASI Pharmaceuticals, Inc. was incorporated in 1991 and is based in Beijing, the People's Republic of China.

CASI Stock Price History

CASI Stock News Headlines

Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
CASI Pharmaceuticals, Inc. Q2 Loss Declines
Ligand Reports Second Quarter 2024 Financial Results
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
CASI Pharmaceuticals, Inc. (CASI)
See More Headlines
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Company Calendar

Last Earnings
8/11/2023
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:CASI
Employees
180
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
-7.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-26,940,000.00
Net Margins
-118.81%
Pretax Margin
-120.57%

Debt

Sales & Book Value

Annual Sales
$23.10 million
Book Value
$0.58 per share

Miscellaneous

Free Float
10,555,000
Market Cap
$87.11 million
Optionable
Optionable
Beta
0.70
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Key Executives

  • Dr. Wei-Wu He Ph.D. (Age 59)
    Chairman & CEO
    Comp: $565.36k
  • Dr. Wei Zhang Ph.D. (Age 64)
    President
    Comp: $1.13M
  • Dr. Alexander A. Zukiwski M.D. (Age 67)
    Executive VP & Chief Medical Officer
    Comp: $514.79k
  • Ms. Kun Qian (Age 42)
    VP & Global Controller
  • Ms. Chunhua Wang (Age 52)
    Chief Operating Officer
  • Ms. Wei Gao (Age 43)
    General Counsel
  • Dr. James E. Goldschmidt Ph.D.
    Chief Business Development Officer
  • Mr. Hai Huang (Age 55)
    Global Chief Commercial Officer
  • Ms. Amanda Cui
    VP & Global Controller

CASI Stock Analysis - Frequently Asked Questions

How have CASI shares performed this year?

CASI Pharmaceuticals' stock was trading at $7.16 at the beginning of the year. Since then, CASI shares have decreased by 9.2% and is now trading at $6.50.
View the best growth stocks for 2024 here
.

How were CASI Pharmaceuticals' earnings last quarter?

CASI Pharmaceuticals, Inc. (NASDAQ:CASI) posted its quarterly earnings results on Friday, August, 11th. The biotechnology company reported ($0.77) earnings per share for the quarter, missing analysts' consensus estimates of ($0.50) by $0.27. The biotechnology company earned $9.82 million during the quarter, compared to analyst estimates of $10.09 million. CASI Pharmaceuticals had a negative trailing twelve-month return on equity of 126.20% and a negative net margin of 118.81%.

When did CASI Pharmaceuticals' stock split?

CASI Pharmaceuticals's stock reverse split before market open on Wednesday, June 1st 2022. The 1-10 reverse split was announced on Wednesday, June 1st 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, June 1st 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are CASI Pharmaceuticals' major shareholders?

CASI Pharmaceuticals' top institutional shareholders include Wellington Shields Capital Management LLC (0.67%) and Renaissance Technologies LLC (0.30%).
View institutional ownership trends
.

How do I buy shares of CASI Pharmaceuticals?

Shares of CASI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CASI Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CASI Pharmaceuticals investors own include NVIDIA (NVDA), OPKO Health (OPK), Caladrius Biosciences (CLBS), Overstock.com (OSTK), Riot Platforms (RIOT), Boeing (BA) and Enphase Energy (ENPH).

This page (NASDAQ:CASI) was last updated on 9/7/2024 by MarketBeat.com Staff

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