Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $1.00 in the prior trading day, Citius Oncology Inc (NASDAQ: CTOR) closed at $0.94, down -5.59%. In other words, the price has decreased by -$5.59 from its previous closing price. On the day, 70266.0 shares were traded. CTOR stock price reached its highest trading level at $1.07 during the session, while it also had its lowest trading level at $0.92.
Ratios:
Our goal is to gain a better understanding of CTOR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.01 and its Current Ratio is at 0.01. In the meantime, Its Debt-to-Equity ratio is 0.04 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 Nov-28-24, initiated with a Buy rating and assigned the stock a target price of $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTOR now has a Market Capitalization of 67040020. As of this moment, Citius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.84.
Stock Price History:
Over the past 52 weeks, CTOR has reached a high of $49.00, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is -21.08%, while the 200-Day Moving Average is calculated to be -87.99%.
Shares Statistics:
The stock has traded on average 129.51K shares per day over the past 3-months and 66530 shares per day over the last 10 days, according to various share statistics. A total of 2.34M shares are outstanding, with a floating share count of 0.35M. Insiders hold about 97.47% of the company’s shares, while institutions hold 0.54% stake in the company. Shares short for CTOR as of 1731628800 were 29767 with a Short Ratio of 0.23, compared to 1728950400 on 10597.
