Celsion Corporation’s stock has quickly grown by 28.94% at the close on May 22. From May 19 it had been growing steadily and no one could imagine that drastic positive growth. Perhaps, its Q1 2020 balance sheet indicated good standings of total assets and total equity gross minority interest. They climbed by at least $650,000. Moreover, total liabilities have shrunk by almost $1 million. However, its earnings have been negative for several years.
CLSN’s growth in May has tripled because of ongoing testing on ThermoDox and GEN-1 projects and of course, the strong balance sheet. If Q2 2020 report is better than the previous one may expect its stock extremely soar again.