Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Citius Pharmaceuticals Inc’s stock clocked out at $1.9, up 19.50% from its previous closing price of $1.59. In other words, the price has increased by $19.50 from its previous closing price. On the day, 1.81 million shares were traded. CTXR stock price reached its highest trading level at $1.9 during the session, while it also had its lowest trading level at $1.6.
Ratios:
To gain a deeper understanding of CTXR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.06 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On November 30, 2021, Maxim Group started tracking the stock assigning a Buy rating and target price of $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTXR now has a Market Capitalization of 20577570 and an Enterprise Value of 20183398.
Stock Price History:
The Beta on a monthly basis for CTXR is 1.23, which has changed by -0.843299 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, CTXR has reached a high of $26.25, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 109.51%, while the 200-Day Moving Average is calculated to be -52.72%.
Shares Statistics:
It appears that CTXR traded 2.44M shares on average per day over the past three months and 2541800 shares per day over the past ten days. A total of 11.17M shares are outstanding, with a floating share count of 10.53M. Insiders hold about 5.74% of the company’s shares, while institutions hold 5.69% stake in the company. Shares short for CTXR as of 1749772800 were 1348420 with a Short Ratio of 0.55, compared to 1747267200 on 603412. Therefore, it implies a Short% of Shares Outstanding of 1348420 and a Short% of Float of 12.620000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
