CollPlant stock: buy or sell?

CLGN stock price: $10.50 5.00% At close on May 14th, 2020

Updated on:
May 14th, 2020

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After sliding a bloodcurdling -5.50% yesterday, CollPlant closed today at $10.50 and boosted a dazzling 5.00%. On Friday CLGN skyrocketed an outstanding 5.12%.

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, CollPlant stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CLGN will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

After sliding a bloodcurdling -5.50% yesterday, CollPlant closed today at $10.50 and boosted a dazzling 5.00%.

After sliding a bloodcurdling -5.50% yesterday, CollPlant closed today at $10.50 and boosted a dazzling 5.00%. Since SMA100d and SMA200d crossed up on January, CLGN price slid a -2.23%. CLGN is soaring again after a 16.60% correction from its last top on Monday at $11.99. Since price and SMA100d lines crossed up on April 6th, CLGN climbed $2.20 (26.51%). On February, CLGN hit new all time highs, pushing higher previous ATH of $14.00 recorded on February. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

CLGN stock chart (daily)

Weekly outlook

After sliding a shocking -5.21% in a week last week, CollPlant closed this week at $10.50 and decreased a bad -0.47%. Counting this, it's been 3 sliding weeks in a row, loosing $-0.73 (-6.85%). Late April CLGN climbed a superb 5.16% in just one week.

Observing the weekly chart, price is in a simple uptrend, tested $9.80 level and now climbing back aiming its last top at $12.90. Not so far away is the last price record CollPlant marked late February, but since then it dropped a 27.84%. Early January, SMA20w and SMA40w crossed up triggering a rise of 72.13%. Since price and SMA40w lines crossed up by mid November 2019, CLGN climbed $6.45 (159.26%).

CLGN stock chart (weekly)

CollPlant stock price history

CollPlant stock went public on February 5th, 2018 with a price of $7.771. Since then, CLGN stock surged a 35.10%, with a yearly average of 17.60%. If you had invested $1,000 in CollPlant stock in 2018, it would worth $351.00 today.

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

CollPlant stock historical price chart

CLGN stock reached all-time highs on February with a price of $14.55.

CollPlant stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable 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. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price target for CollPlant stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when CollPlant published its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will update this review.
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 revenues boosted a dazzling 981.18% to $18.03 M dollars from $1.67 marked in 2017. Similarly, its income margin (compared to sales) 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 reported $15.79 million in sales 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 turnover to same quarter last year, CollPlant sales marked an outstanding growth and skyrocketed 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

Having a look at CollPlant ownership structure gives valuable information about the company and its governance (insider ownership) or the amount of investors that are on the short side.

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$67.8 M
Total shares6.5 M
Float shares3.0 M
  - Institutional holdings (%)12.2%
  - Insider holdings (%)10.2%
Shares in short selling0.0%

CollPlant summary

Thursday, May 14th, 2020
Open$10.05
Close$10.50
Day range$10.05 - $10.50
Previous close$10.00
Session gain5.00%
Average true range$0.77
50d mov avg$10.12
100d mov avg$9.99
200d mov avg$7.30
Daily patternlb01a
Weekly pattern lb01a

CollPlant performance

To better understand CollPlant performance you must becnhmark its gains with other related stocks in same sector or industry. For CollPlant, the comparison is made against .
Stock3m6m12m
CLGNCollPlant-2.33%116.49%105.88%

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.