CollPlant stock: buy or sell?

CLGN stock price: $11.62 10.88% At close on January 17th, 2020

Updated on:
January 17th, 2020

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CollPlant climbed 10.88% yesterday and touched a new all time high at $11.62.

CollPlant Holdings Ltd., a regenerative medicine company, focuses on developing and commercializing tissue repair products for orthobiologics and advanced wound care markets.

Should I buy CollPlant stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 2 buy setups work for CollPlant stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is CollPlant stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for CLGN stock for the last 30 days.

CollPlant stock analysis

Daily outlook

CollPlant shares climbed 10.88% yesterday and marked a new all time high at $11.62.

After marking all time highs yesterday, CollPlant climbed 10.88% to $11.62. On Dec/12 CLGN price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. From a daily perspective, CLGN is in a short term uptrend after plotting its last bottom ($5.01, on December/17) higher than the previous bottom, and its last top ($11.29, on Tuesday) also over the previous top. Now trading in between its last bottom and last top CLGN might consolidate in a plain range, waiting to break out over $11.29 or down under $5.01. For the last 30 days when SMA50d and SMA100d crossed up, CLGN price gained $6.27 per share (117.20%).

CLGN stock chart (daily)

Weekly outlook

CollPlant peaked new all time highs back again this week, setting highs to $11.62. Shares closed at $11.62 and climbed 39.66% during the week. With this, it's been 5 green weeks in a row, gaining $6.07 or 122.13%.

CLGN shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early December, CLGN climbed unceasignly breaking out to new all time highs. Since last week when SMA20w and SMA40w crossed up, CLGN price gained $5.52 per share (90.49%). Since mid November 2019 when CLGN stock price broke up the SMA40w line, it gained $7.57 (186.91%).

CLGN stock chart (weekly)

CollPlant stock price history

CollPlant IPO was on February 5th, 2018 at $7.77 per share1. Since then, CLGN stock surged a 49.50%, with a yearly average of 49.50%. If you had invested $1,000 in CollPlant stock in 2018, it would worth $495.00 today.

1: Adjusted price after possible price splits or reverse-splits.

CollPlant stock historical price chart

CLGN stock reached all-time highs yesterday with a price of $11.62.

CollPlant stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for CollPlant stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, CollPlant . As soon as we get its posted EPS from the earnings report, we will update this report.
CLGN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-03-21n/a-0.59n/a
2018-Q12018-05-24n/a-0.5n/a
2018-Q22018-09-21n/a-0.27n/a
2018-Q32018-11-29n/a0.29n/a
2018-Q42019-04-01-0.540.2n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, CollPlant annual sales boosted an amazing 981.18% to $18.03 million USD from $1.67 marked in 2017. Similarly, its earnings margin (compared to revenues) rocketed to -77.00%, that is $-13.89 million.

CLGN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2016$0.29 M-$-27.89 M-9552.4%-
2017$1.67 M471.23%$-20.88 M-1251.8%-25.14%
2018$18 M981.18%$-13.89 M-77.0%-33.49%

Quarterly financial results

CollPlant posted $15.79 million in revenues for 2018-Q4, a 1,842.07% up compared to previous quarter. Reported quarter earnings marked $3.78 million with a profit margin of 23.93%. Profit margin climbed a 620.12% compared to previous quarter when profit margin was -596.19%. When comparing revenues to same quarter last year, CollPlant sales marked a super good growth and boosted a 1,558.51%. Looking back to recent quarterly results, CollPlant posted 2 positive quarters in a row.
CLGN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$0 M-$-5.19 M-2059.5%-
2017-Q2$0 M-20.24%$-5.85 M-2910.4%12.72%
2017-Q3$0 M-62.97%$-1.11 M-1494.7%-80.98%
2017-Q4$1 M1,178.89%$-5.91 M-621.0%431.35%
2018-Q1$1 M-18.17%$-7.24 M-929.4%22.46%
2018-Q2$1 M-16.17%$-5.58 M-854.2%-22.96%
2018-Q3$1 M24.50%$-4.85 M-596.2%-13.11%
2018-Q4$16 M1,842.07%$3.78 M23.9%-177.95%

CollPlant ownership

When you are planning to buy shares of a company, it's always worth to have a look its ownership structure.

CollPlant shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 10.16% of all shares.

In case of CollPlant stock, 12.23% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CLGN stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to CollPlant:

CLGN
Market cap$62.4 M
Total shares5.4 M
Float shares2.7 M
  - Institutional holdings (%)12.2%
  - Insider holdings (%)10.2%
Shares in short selling0.0%

CollPlant summary

Friday, January 17th, 2020
Open$10.78
Close$11.62
Day range$10.48 - $11.62
Previous close$10.48
Session gain10.88%
Average true range$0.86
50d mov avg$5.86
100d mov avg$5.04
200d mov avg$5.13
Daily patternlt06a
Weekly pattern lb03c

CollPlant performance

To better understand CollPlant performance you must becnhmark its gains with other related stocks in same sector or industry. For CollPlant, the benchmark is made against .
Stock3m6m12m
CLGNCollPlant159.38%164.09%143.10%

CollPlant competitors

Unfortunately, we could not find any public company that could be defined as CollPlant competitor. This doesn't mean CollPlant does not have any competitor in the market, it's just we could not detected it.