Analyzing Ratios: Citius Pharmaceuticals Inc (CTXR)’s Financial Story Unveiled

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The price of Citius Pharmaceuticals Inc (NASDAQ: CTXR) closed at $0.48 in the last session, up 7.35% from day before closing price of $0.45. In other words, the price has increased by $7.35 from its previous closing price. On the day, 2.82 million shares were traded. CTXR stock price reached its highest trading level at $0.5135 during the session, while it also had its lowest trading level at $0.455.

Ratios:

We take a closer look at CTXR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.75 and its Current Ratio is at 6.75. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, Maxim Group on November 30, 2021, initiated with a Buy rating and assigned the stock a 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 87145592 and an Enterprise Value of 70154992.

Stock Price History:

Over the past 52 weeks, CTXR has reached a high of $1.07, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is 8.49%, while the 200-Day Moving Average is calculated to be -26.43%.

Shares Statistics:

According to the various share statistics, CTXR traded on average about 1.12M shares per day over the past 3-months and 1363120 shares per day over the past 10 days. A total of 180.72M shares are outstanding, with a floating share count of 168.40M. Insiders hold about 6.82% of the company’s shares, while institutions hold 16.88% stake in the company. Shares short for CTXR as of 1728950400 were 12421963 with a Short Ratio of 10.49, compared to 1726185600 on 12530596. Therefore, it implies a Short% of Shares Outstanding of 12421963 and a Short% of Float of 7.380000000000001.

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