Sell-side Perspectives on Cellectar Biosciences, Inc. (NASDAQ:CLRB) & FORM Holdings Corp. (:FH)

Brokerage firms currently have a positive stance on shares of Cellectar Biosciences, Inc. (NASDAQ:CLRB). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.00. Those same analysts are projecting that the stock will reach $3.10 on a short term basis.

Performance
At the time of writing, the stock was trading at $1.93. This represents a change from most recent open price of 0.53%. In terms of performance, year to date, the stock is 46.72%. The monthly stock performance comes in at 13.29%. For the quarter, shares are performing at 25.17%. Weekly performance analysis shows the equity at 4.07%.

Technicals
In taking a look at technical levels, shares are trading 16.14% away from the 50 day simple moving average and 7.78% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -37.13% away from it’s 52- week high and 72.33% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Cellectar Biosciences, Inc.’s RSI stands at 66.97. In looking at volatility levels, the shares saw weekly volatility of 6.80% and 6.77% over the past month.

Equity Research firms currently have a positive stance on shares of FORM Holdings Corp. (:FH). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $3.00 on a short term basis.

FORM Holdings Corp. (:FH) shares typically trade an average volume of 143.36 and institutions hold 24.30% of the total shares.  

MOVING AVERAGES

We see here that the stock is 6.32% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 14.66% from current levels.  Further back, their 200-Day Simple Moving Average is -17.19% difference from today’s price.  Currently, the stock is -0.75% from its 50-Day High and 30.55% from the 50-day low. 

FORM Holdings Corp. (:FH)‘s stock has performed at -36.62%.  Breaking that down further, it has performed 0.75% for the week, 8.00% for the month, -5.59% over the last quarter, -30.05% for the past half-year and -57.14% for this last year. 

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