Celsion (NASDAQ:CLSN) Announces Earnings Results, Beats Expectations By $0.10 EPS

Celsion (NASDAQ:CLSN) issued its quarterly earnings data on Wednesday. The biotechnology company reported ($0.10) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.10, Fidelity Earnings reports. Celsion had a negative net margin of 1,653.20% and a negative return on equity of 57.46%.

Shares of NASDAQ:CLSN opened at $0.97 on Thursday. The stock has a market capitalization of $20.70 million, a PE ratio of -2.85 and a beta of 1.89. Celsion has a 1 year low of $0.69 and a 1 year high of $2.53. The firm has a fifty day moving average price of $1.13 and a 200 day moving average price of $1.48. The company has a current ratio of 2.58, a quick ratio of 2.58 and a debt-to-equity ratio of 0.67.

A number of equities research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Celsion from a “strong-buy” rating to a “hold” rating in a report on Friday, January 17th. ValuEngine cut shares of Celsion from a “buy” rating to a “hold” rating in a report on Wednesday, March 11th.

Celsion Company Profile

Celsion Corporation, a development stage oncology drug company, focuses on the development and commercialization of directed chemotherapies, DNA-mediated immunotherapy, and RNA based therapies for the treatment of cancer. Its lead product candidate is ThermoDox, a liposomal encapsulation of doxorubicin that is in Phase III clinical trial for treating primary liver cancer.

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Earnings History for Celsion (NASDAQ:CLSN)

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