Investor’s Delight: Delcath Systems Inc (DCTH) Closes Weak at 10.86, Down -1.54

Abby Carey

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The closing price of Delcath Systems Inc (NASDAQ: DCTH) was $10.86 for the day, down -1.54% from the previous closing price of $11.03. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 0.65 million shares were traded. DCTH stock price reached its highest trading level at $10.949 during the session, while it also had its lowest trading level at $10.65.

Ratios:

Our analysis of DCTH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 98.17. For the most recent quarter (mrq), Quick Ratio is recorded 9.87 and its Current Ratio is at 10.88. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

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, Craig Hallum on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $18.

On May 14, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $25.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DCTH now has a Market Capitalization of 379896384 and an Enterprise Value of 299884416. As of this moment, Delcath’s Price-to-Earnings (P/E) ratio for their current fiscal year is 238.68, and their Forward P/E ratio for the next fiscal year is 19.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.41 while its Price-to-Book (P/B) ratio in mrq is 3.62. Its current Enterprise Value per Revenue stands at 4.269 whereas that against EBITDA is 57.915.

Stock Price History:

The Beta on a monthly basis for DCTH is 0.84, which has changed by 0.18883419 over the last 52 weeks, in comparison to a change of 0.15101504 over the same period for the S&P500. Over the past 52 weeks, DCTH has reached a high of $18.23, while it has fallen to a 52-week low of $8.08. The 50-Day Moving Average of the stock is -1.14%, while the 200-Day Moving Average is calculated to be -16.38%.

Shares Statistics:

DCTH traded an average of 769.04K shares per day over the past three months and 686260 shares per day over the past ten days. A total of 34.96M shares are outstanding, with a floating share count of 32.63M. Insiders hold about 6.73% of the company’s shares, while institutions hold 48.65% stake in the company. Shares short for DCTH as of 1756425600 were 3043627 with a Short Ratio of 4.16, compared to 1753920000 on 2817473. Therefore, it implies a Short% of Shares Outstanding of 3043627 and a Short% of Float of 8.85.

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