In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $16.38 in the prior trading day, Delcath Systems Inc (NASDAQ: DCTH) closed at $15.95, down -2.63%. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 0.66 million shares were traded. DCTH stock price reached its highest trading level at $16.68 during the session, while it also had its lowest trading level at $15.7201.
Ratios:
Our goal is to gain a better understanding of DCTH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.61 and its Current Ratio is at 15.95. 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 555477888 and an Enterprise Value of 497597632. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.32 while its Price-to-Book (P/B) ratio in mrq is 6.65. Its current Enterprise Value per Revenue stands at 9.24 whereas that against EBITDA is -370.788.
Stock Price History:
The Beta on a monthly basis for DCTH is 0.93, which has changed by 1.3183138 over the last 52 weeks, in comparison to a change of 0.11730647 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 $6.42. The 50-Day Moving Average of the stock is 16.11%, while the 200-Day Moving Average is calculated to be 30.00%.
Shares Statistics:
The stock has traded on average 492.64K shares per day over the past 3-months and 521430 shares per day over the last 10 days, according to various share statistics. A total of 33.44M shares are outstanding, with a floating share count of 29.38M. Insiders hold about 15.65% of the company’s shares, while institutions hold 40.68% stake in the company. Shares short for DCTH as of 1747267200 were 941617 with a Short Ratio of 1.91, compared to 1744675200 on 1036356. Therefore, it implies a Short% of Shares Outstanding of 941617 and a Short% of Float of 2.75.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
