NASDAQ:CASI

CASI Pharmaceuticals (CASI) Stock Price, News & Analysis

$3.30
+0.06 (+1.85%)
(As of 05/17/2024 06:18 PM ET)
Today's Range
$3.17
$3.31
50-Day Range
$2.24
$4.62
52-Week Range
$1.85
$8.48
Volume
16,700 shs
Average Volume
14,672 shs
Market Capitalization
$44.22 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
81.8% Upside
$6.00 Price Target
Short Interest
Healthy
0.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.50
Upright™ Environmental Score
News Sentiment
-0.14mentions of CASI Pharmaceuticals in the last 14 days
Based on 16 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.

4.36 out of 5 stars

Medical Sector

129th out of 918 stocks

Pharmaceutical Preparations Industry

50th out of 424 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

CASI Pharmaceuticals (NASDAQ:CASI) Price Target Cut to $6.00
CASI Pharmaceuticals updates on Juventas dispute
Recap: CASI Pharmaceuticals Q4 Earnings
CASI Apr 2024 2.500 call
CASI Mar 2024 10.000 call
CASI Mar 2024 7.500 put
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/18/2024
Next Earnings (Estimated)
8/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CASI
Employees
176
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
+81.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-26,940,000.00
Net Margins
-105.76%
Pretax Margin
-77.61%

Debt

Sales & Book Value

Annual Sales
$33.88 million
Book Value
$1.81 per share

Miscellaneous

Free Float
10,555,000
Market Cap
$44.22 million
Optionable
Optionable
Beta
0.41
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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

Should I buy or sell CASI Pharmaceuticals stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CASI Pharmaceuticals in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CASI shares.
View CASI analyst ratings
or view top-rated stocks.

What is CASI Pharmaceuticals' stock price target for 2024?

1 Wall Street analysts have issued 12-month target prices for CASI Pharmaceuticals' stock. Their CASI share price targets range from $6.00 to $6.00. On average, they anticipate the company's share price to reach $6.00 in the next year. This suggests a possible upside of 81.8% from the stock's current price.
View analysts price targets for CASI
or view top-rated stocks among Wall Street analysts.

How have CASI shares performed in 2024?

CASI Pharmaceuticals' stock was trading at $7.16 at the beginning of 2024. Since then, CASI shares have decreased by 53.9% and is now trading at $3.30.
View the best growth stocks for 2024 here
.

When is CASI Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 9th 2024.
View our CASI earnings forecast
.

How were CASI Pharmaceuticals' earnings last quarter?

CASI Pharmaceuticals, Inc. (NASDAQ:CASI) announced its earnings results on Thursday, March, 28th. The biotechnology company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.05. The biotechnology company had revenue of $6.03 million for the quarter, compared to analyst estimates of $9.40 million. CASI Pharmaceuticals had a negative trailing twelve-month return on equity of 97.58% and a negative net margin of 105.76%.

When did CASI Pharmaceuticals' stock split?

Shares of CASI Pharmaceuticals 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.

What other stocks do shareholders of CASI Pharmaceuticals own?

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

Who are CASI Pharmaceuticals' major shareholders?

CASI Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional investors include Wellington Shields Capital Management LLC (0.69%), Howland Capital Management LLC (0.30%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include James Huang and Wei-Wu He.
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.

This page (NASDAQ:CASI) was last updated on 5/18/2024 by MarketBeat.com Staff

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