Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $1.63 in the prior trading day, Citius Pharmaceuticals Inc (NASDAQ: CTXR) closed at $1.56, down -4.29%. In other words, the price has decreased by -$4.29 from its previous closing price. On the day, 0.53 million shares were traded. CTXR stock price reached its highest trading level at $1.6452 during the session, while it also had its lowest trading level at $1.55.
Ratios:
Our goal is to gain a better understanding of CTXR by taking a closer look at 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 17432220 and an Enterprise Value of 20183398.
Stock Price History:
The Beta on a monthly basis for CTXR is 1.20, which has changed by -0.9184314 over the last 52 weeks, in comparison to a change of 0.1116153 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 47.72%, while the 200-Day Moving Average is calculated to be -56.98%.
Shares Statistics:
The stock has traded on average 2.54M shares per day over the past 3-months and 2207800 shares per day over the last 10 days, according to various share statistics. 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 0.38, 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
