There’s a new sense of excitement surrounding Citius Pharmaceuticals Inc. (CTXR)

The closing price of Citius Pharmaceuticals Inc. (NASDAQ: CTXR) was $1.40 for the day, up 1.45% from the previous closing price of $1.38. In other words, the price has increased by $+0.0200 from its previous closing price. On the day, 1936720 shares were traded. CTXR stock price reached its highest trading level at $1.4000 during the session, while it also had its lowest trading level at $1.3000.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.

Sponsored

Ratios:

Our analysis of CTXR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.80 and its Current Ratio is at 9.80. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on November 30, 2021, initiated with a Buy rating and assigned the stock a target price of $4.

Stock Price History:

Over the past 52 weeks, CTXR has reached a high of $2.01, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is 1.0688, while the 200-Day Moving Average is calculated to be 1.0847.

Shares Statistics:

CTXR traded an average of 675.70K shares per day over the past three months and 1.45M shares per day over the past ten days. A total of 146.15M shares are outstanding, with a floating share count of 133.82M. Insiders hold about 8.40% of the company’s shares, while institutions hold 11.10% stake in the company. Shares short for CTXR as of Oct 13, 2022 were 11.09M with a Short Ratio of 10.96M, compared to 10.44M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 7.59% and a Short% of Float of 8.29%.

Earnings Estimates

The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.04, while EPS last year was -$0.02. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.2 and -$0.2 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is $0.41, with 1 analysts recommending between $0.41 and $0.41.