Celsion Corporation (NASDAQ:CLSN) – Equities research analysts at Oppenheimer Holdings issued their Q4 2017 earnings estimates for Celsion Corporation in a report issued on Monday. Oppenheimer Holdings analyst H. Singh anticipates that the biotechnology company will post earnings of ($0.29) per share for the quarter. Oppenheimer Holdings has a “Outperform” rating and a $9.00 price objective on the stock. Oppenheimer Holdings also issued estimates for Celsion Corporation’s FY2018 earnings at ($1.21) EPS, FY2019 earnings at ($1.32) EPS and FY2020 earnings at ($0.94) EPS.

Other analysts have also recently issued research reports about the company. Maxim Group reissued a “hold” rating on shares of Celsion Corporation in a research report on Tuesday, August 15th. Zacks Investment Research lowered Celsion Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, ValuEngine lowered Celsion Corporation from a “sell” rating to a “strong sell” rating in a report on Wednesday, November 15th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $11.90.

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Shares of Celsion Corporation (NASDAQ CLSN) opened at $3.13 on Thursday. Celsion Corporation has a 12-month low of $1.24 and a 12-month high of $12.46.

An institutional investor recently bought a new position in Celsion Corporation stock. Sabby Management LLC acquired a new position in Celsion Corporation (NASDAQ:CLSN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 108,843 shares of the biotechnology company’s stock, valued at approximately $223,000. Sabby Management LLC owned 1.30% of Celsion Corporation as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 6.41% of the company’s stock.

Celsion Corporation Company Profile

Celsion Corporation is an oncology drug development company. The Company’s product candidate is ThermoDox, a heat-activated liposomal encapsulation of doxorubicin, which is in Phase III clinical trial for treatment of primary liver cancer (the OPTIMA Study) and a Phase II clinical trial for treatment of recurrent chest wall breast cancer (the DIGNITY Study).

Earnings History and Estimates for Celsion Corporation (NASDAQ:CLSN)

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