The closing price of ContraFect Corporation (NASDAQ: CFRX) was $0.12 for the day, up 31.24% from the previous closing price of $0.09. In other words, the price has increased by $+0.0283 from its previous closing price. On the day, 76346512 shares were traded. CFRX stock price reached its highest trading level at $0.1202 during the session, while it also had its lowest trading level at $0.0907.
Our analysis of CFRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.80.
Upgrades & Downgrades
On July 14, 2022, Cantor Fitzgerald Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $15 to $1.
WBB Securities Upgraded its Speculative Buy to Buy on February 02, 2022, while the target price for the stock was maintained at $6.50.
Stock Price History:
Over the past 52 weeks, CFRX has reached a high of $4.54, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is 0.1200, while the 200-Day Moving Average is calculated to be 1.2900.
CFRX traded an average of 4.52M shares per day over the past three months and 17.94M shares per day over the past ten days. A total of 39.33M shares are outstanding, with a floating share count of 37.42M. Insiders hold about 4.39% of the company’s shares, while institutions hold 22.80% stake in the company. Shares short for CFRX as of Oct 13, 2022 were 374.88k with a Short Ratio of 0.41M, compared to 324.86k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.95% and a Short% of Float of 1.34%.
The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.14 and a low estimate of -$0.32, while EPS last year was -$0.13. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.04 and low estimates of -$0.34.
Analysts are recommending an EPS of between -$1.07 and -$1.63 for the fiscal current year, implying an average EPS of -$1.35. EPS for the following year is -$1.14, with 2 analysts recommending between -$0.95 and -$1.33.