Larry Ellberger - Celldex Therapeutics Independent Chairman of the Board

CLDX Stock  USD 38.53  1.10  2.78%   

Chairman

Mr. Larry Ellberger is an Independent Chairman of the Board of Celldex Therapeutics Inc. since September 2009. He was a director of Celldex since August 2003. Mr. Ellberger was formerly Chairman of the Board of Omrix BioPharmaceuticals, Inc. until its acquisition by Johnson Johnson in 2008. From 2003 to July 2012, Mr. Ellberger was Founding Partner of HVA, Inc. a consulting firm specializing in business development, product acquisition and licensing, and mergers and acquisitions for pharmaceutical, biotechnology, drug delivery, and medical device companies. From October 2005 to May 2006, Mr. Ellberger was Interim Chief Executive Officer of PDI, Inc., a provider of sales and marketing services to the biopharmaceutical industry. Previously, he was a member of the Board of Directors of PDI and Chairman of the Audit Committee. From 2000 to 2003, Mr. Ellberger was Senior Vice President of Powderject PLC, a U.K. vaccine company. He was also a member of the Board of Directors of Powderject. From 1995 to 1999, Mr. Ellberger held several positions at W.R. Grace Co. including Interim Chief Executive Officer, Chief Financial Officer and Senior Vice President, Strategic Planning and Development. From 1975 to 1995, Mr. Ellberger held numerous senior executive positions at American Cyanamid Company, serving the last four years as Vice President, Corporationrationrate Development. since 2009.
Age 69
Tenure 15 years
Address Perryville III Building, Hampton, NJ, United States, 08827
Phone908 200 7500
Webhttps://www.celldex.com

Celldex Therapeutics Management Efficiency

The company has return on total asset (ROA) of (0.217) % which means that it has lost $0.217 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3745) %, meaning that it created substantial loss on money invested by shareholders. Celldex Therapeutics' management efficiency ratios could be used to measure how well Celldex Therapeutics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.34 in 2024. Return On Capital Employed is likely to drop to -0.34 in 2024. At this time, Celldex Therapeutics' Total Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 453.3 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 31 M in 2024.
The company currently holds 2.54 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Celldex Therapeutics has a current ratio of 12.04, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Celldex Therapeutics until it has trouble settling it off, either with new capital or with free cash flow. So, Celldex Therapeutics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Celldex Therapeutics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Celldex to invest in growth at high rates of return. When we think about Celldex Therapeutics' use of debt, we should always consider it together with cash and equity.

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Celldex Therapeutics, Inc., a biopharmaceutical company, engages in developing therapeutic monoclonal and bispecific antibodies for the treatment of various diseases. Celldex Therapeutics, Inc. was incorporated in 1983 and is headquartered in Hampton, New Jersey. Celldex Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 132 people. Celldex Therapeutics (CLDX) is traded on NASDAQ Exchange in USA. It is located in Perryville III Building, Hampton, NJ, United States, 08827 and employs 160 people. Celldex Therapeutics is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Celldex Therapeutics Leadership Team

Elected by the shareholders, the Celldex Therapeutics' board of directors comprises two types of representatives: Celldex Therapeutics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Celldex. The board's role is to monitor Celldex Therapeutics' management team and ensure that shareholders' interests are well served. Celldex Therapeutics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Celldex Therapeutics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick Till, Senior Communications
Prof Schlessinger, CoFounder Board
Keith Brownlie, Director
Diane MD, Senior Officer
Sam Martin, CFO, Senior Vice President
Gerald McMahon, Director
Margo MD, Senior Affairs
Sarah Cavanaugh, Vice President Investor Relations & Corporate Communications
James Marino, Director
George Elston, Independent Director
Freddy Esq, Senior Counsel
Thomas Davis, Senior Vice President Chief Medical Officer
Richard Wright, Senior Vice President Chief Commercial Officer`
Anthony MBA, President, Founder
Theresa LaVallee, Senior Vice President - Regulatory and Precision Medicine
Ronald Pepin, Chief Bus. Officer and Sr. VP
Harry Penner, Independent Director
Karen Shoos, Independent Director
Richard Broek, Director
Anthony Marucci, President CEO, Director
Diane Young, Senior Vice President Chief Medical Officer
Avery Catlin, CFO, Principal Accounting Officer, Sr. VP, Treasurer and Secretary
Elizabeth Crowley, Senior Vice President Chief Product Development Officer
Larry Ellberger, Independent Chairman of the Board
Herbert Conrad, Independent Director
Margo HeathChiozzi, Senior Vice President - Regulatory Affairs
Tibor Keler, Founder, Chief Scientific Officer and Executive VP

Celldex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Celldex Therapeutics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Celldex Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Celldex Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Celldex Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Celldex Stock

  0.52MRKR Marker TherapeuticsPairCorr
  0.41LPTX Leap Therapeutics Financial Report 20th of May 2024 PairCorr
The ability to find closely correlated positions to Celldex Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celldex Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Celldex Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Celldex Therapeutics to buy it.
The correlation of Celldex Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Celldex Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celldex Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Celldex Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Celldex Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Celldex Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Celldex Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Celldex Therapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celldex Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Celldex Stock please use our How to Invest in Celldex Therapeutics guide.
Note that the Celldex Therapeutics information on this page should be used as a complementary analysis to other Celldex Therapeutics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Celldex Therapeutics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celldex Therapeutics. If investors know Celldex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celldex Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.92)
Revenue Per Share
0.142
Quarterly Revenue Growth
1.561
Return On Assets
(0.22)
Return On Equity
(0.37)
The market value of Celldex Therapeutics is measured differently than its book value, which is the value of Celldex that is recorded on the company's balance sheet. Investors also form their own opinion of Celldex Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Celldex Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celldex Therapeutics' market value can be influenced by many factors that don't directly affect Celldex Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celldex Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Celldex Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celldex Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.