Cellectar Biosciences Inc.

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Is Cellectar Biosciences Inc. Stock worth watching?

Have been looking at this stock for some time now. I don't usually trade bio, but this one caught my attention. It broke last month high, but I am still betting on it not holding.
 
The company is trading above its 50-day moving averages of 2.15 and up from 200-day moving averages of 2.60. The firm has price to book ratio of 1.28 so i think it is the best to opt for now
 
Since the beginning of the year, CLRB is trading down significantly from its 52-week high of $18.00 per share, closing at $1.77 during Thursday’s trading session
 
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