Canton Strategic Holdings, Inc. (CNTN)Healthcare | Biotechnology | Red Bank, United States | NasdaqCM
2.27 USD
-0.11
(-4.622%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 2.27 |
Hot Take ↕ | July 11, 2026, 3:09 a.m. EDT
The investment case here is fundamentally broken. The business has suffered a catastrophic multi-year collapse, dropping nearly 99.5% over the last three years with zero positive annual returns. This is not a temporary downturn; the market has consistently reassessed the company's quality downward for years, evidenced by the relentless price trajectory from hundreds of dollars to under $2. While the stock trades at a fraction of its book value due to this implosion, the underlying fundamentals are dire: the company is burning cash aggressively with negative operating cash flow and negative returns on both assets and equity. There is no sustainable revenue growth or profit generation to support a recovery. The recent news of share repurchases and index additions are likely defensive maneuvers or liquidity events rather than signs of operational health, especially given the massive gap between the current price and the 52-week high. With no dividend history and a balance sheet eroding by cash burn, there is no margin of safety or catalyst for a turnaround visible in the data. Avoid this security entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.094107 |
| AutoETS | 0.107649 |
| MSTL | 0.109798 |
| AutoARIMA | 0.167752 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 1.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.280 |
| Excess Kurtosis | -0.52 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Market Cap | 175,068,272 |
| Beta | 1.44 |
| Previous Name | Hillstream BioPharma, Inc. |
| Website | https://www.cantonstrategic.com |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.40828407 |
| Address1 | 34 Shrewsbury Avenue |
| Address2 | Suite 1C |
| All Time High | 1,590.0 |
| All Time Low | 0.952 |
| Ask | 2.85 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 1,237,820 |
| Average Daily Volume3 Month | 892,391 |
| Average Volume | 892,391 |
| Average Volume10Days | 1,237,820 |
| Beta | 1.44 |
| Bid | 1.72 |
| Bid Size | 2 |
| Book Value | 8.292 |
| City | Red Bank |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.27 |
| Current Ratio | 37.75 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 2.37 |
| Day Low | 2.215 |
| Display Name | Canton Strategic |
| Ebitda Margins | 0.0 |
| Enterprise Value | 116,924,936 |
| Eps Trailing Twelve Months | -0.36 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 3.0049 |
| Fifty Day Average Change | -0.7349 |
| Fifty Day Average Change Percent | -0.2445672 |
| Fifty Two Week Change Percent | 40.828407 |
| Fifty Two Week High | 9.08 |
| Fifty Two Week High Change | -6.81 |
| Fifty Two Week High Change Percent | -0.75 |
| Fifty Two Week Low | 1.081 |
| Fifty Two Week Low Change | 1.189 |
| Fifty Two Week Low Change Percent | 1.0999075 |
| Fifty Two Week Range | 1.081 - 9.08 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,641,997,800,000 |
| Float Shares | 63,499,405 |
| Free Cashflow | -885,391 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 12 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.17508 |
| Held Percent Institutions | 0.16544001 |
| Implied Shares Outstanding | 77,122,584 |
| Industry | Biotechnology |
| Industry Disp | Biotechnology |
| Industry Key | biotechnology |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,716,854,400 |
| Last Split Factor | 1:15 |
| Long Business Summary | Canton Strategic Holdings, Inc. engages in the institutional blockchain adoption and digitization of financial markets in the United States. It operates in two segments, Digital Asset Treasury and Clinical Stage Bio-technology. The company is involved in the operation of Canton Coin-centric digital asset treasury strategies, including validator operations and network participation; application support and strategic investments; collaboration and ecosystem advancement; capital raising and treasury expansion; token management - locking, lending, and options; Canton Foundation; and governance and risk management. It also researches and develops GV104, a buccal film formulation of nalmefene for the treatment of respiratory depression and prophylactic protection against synthetic opioid exposure in military and first responders; and GV023, an oral anti-tumor necrosis factor-alpha monoclonal antibody that addresses critical limitation of IV gold standard for the treatment of repeated intravenous infusions. The company was formerly known as Tharimmune, Inc. and changed its name to Canton Strategic Holdings, Inc. in February 2026. Canton Strategic Holdings, Inc. was incorporated in 2017 and is headquartered in Red Bank, New Jersey. |
| Long Name | Canton Strategic Holdings, Inc. |
| Market | us_market |
| Market Cap | 175,068,272 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_529635023 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -80,717,744 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 183,551,749 |
| Open | 2.37 |
| Operating Cashflow | -21,074,504 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.0 |
| Phone | 732 889 3111 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 2.27 |
| Post Market Time | 1,783,982,892 |
| Prev Name | Hillstream BioPharma, Inc. |
| Previous Close | 2.38 |
| Price Hint | 4 |
| Price To Book | 0.27375785 |
| Profit Margins | 0.0 |
| Quick Ratio | 36.389 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.11 |
| Regular Market Change Percent | -4.62185 |
| Regular Market Day High | 2.37 |
| Regular Market Day Low | 2.215 |
| Regular Market Day Range | 2.215 - 2.37 |
| Regular Market Open | 2.37 |
| Regular Market Previous Close | 2.38 |
| Regular Market Price | 2.27 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 668,872 |
| Return On Assets | -0.11604 |
| Return On Equity | -0.34422 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Shares Outstanding | 77,122,584 |
| Shares Percent Shares Out | 0.090500005 |
| Shares Short | 6,980,609 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 3,157,426 |
| Short Name | Canton Strategic Holdings, Inc. |
| Short Percent Of Float | 0.0917 |
| Short Ratio | 4.62 |
| Source Interval | 15 |
| State | NJ |
| Symbol | CNTN |
| Total Cash | 41,532,140 |
| Total Cash Per Share | 0.595 |
| Total Debt | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.36 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.273075 |
| Two Hundred Day Average Change | -1.0030751 |
| Two Hundred Day Average Change Percent | -0.30646262 |
| Type Disp | Equity |
| Volume | 668,872 |
| Website | https://www.cantonstrategic.com |
| Zip | 7,701 |