Analyst Commentary On Celsion Corporation (CLSN), Abraxas Petroleum Corporation (AXAS)

Celsion Corporation (NASDAQ:CLSN) is gaining traction with investors, as evidenced by its 1.07 million shares volume. The daily trading volume average remained 4.41 million shares over the course of 3 months. The stock had opened the regular trading at $2.58 and managed a -3.7% price change to reach $2.6 through the close.

Celsion Corporation (CLSN) Analyst Opinion

Celsion Corporation has a consensus buy rating from 2 Wall Street analysts, and the number of shares currently sold short amount to at least 6.25% of shares outstanding. The stock spiked 22.07% last month and is down -38.89 this year. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover CLSN having a buy-equivalent rating. Analysts have placed a $8.33 price target on Celsion Corporation, suggesting a 220.38% gain from recent close. It’s currently trading about -74.2% below its 52-week high.

Celsion Corporation Earnings Surprise

Celsion Corporation (CLSN) revenue totaled $60000 down -50% from the previous quarter.

Celsion Corporation (NASDAQ:CLSN) Intraday View

This stock (CLSN) is ahead of its 52-week low with 109.68%. Its last month’s stock price volatility remained 10.36% which for the week stands at 12.54%. The share price has moved forward from its 20 days moving average, trading at a distance of 10.95% and stays -7.55% away from its 50 days moving average. Over the last five days, shares have faced -20.25% losses and now is down -4.8% since hitting its 200-day moving average of $2.11. Celsion Corporation (CLSN) has made its way to a 12-month decline of -72.69%.

Turning to Abraxas Petroleum Corporation (NASDAQ:AXAS), its shares were trading at $2.15 a gain of $0.08, on the trading floor. The stock, after opening at $2.08, touched a high of $2.17 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.6. Abraxas Petroleum Corporation has 4 buy ratings, 1 holds and 0 sells even after the stock tumbled -28.09% from its high of $2.99 to a $356.62 million market value through last close.

Abraxas Petroleum Corporation (AXAS) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.62 to 1.62 during a month. Analysts set a 12-month price target of $2.69 a share. The target implies a 25.12% spike from where the shares are currently trading. Also, the current price highlights a discount of 51.16% to analysts’ high consensus price target.

Abraxas Petroleum Corporation (NASDAQ:AXAS) Intraday Trading

The counter witnessed a trading volume of 1.6 million shares versus an average volume of 1.27 million shares during last trading session. Its last month’s stock price volatility remained 4.83% which for the week approaches 4.72%. The lowest price the stock reached in the last trading day was $2.07 and compares with the $1.45 52-week low. The stock recovered 48.28% since its low point and has performed -16.34% year-to-date.

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