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The closing price of Citius Pharmaceuticals Inc (NASDAQ: CTXR) was $0.39 for the day, down -4.63% from the previous closing price of $0.41. In other words, the price has decreased by -$4.63 from its previous closing price. On the day, 0.97 million shares were traded. CTXR stock price reached its highest trading level at $0.4199 during the session, while it also had its lowest trading level at $0.3857.
Ratios:
Our analysis of CTXR’s different ratios will help us gain a deeper understanding of the company. 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 70663472 and an Enterprise Value of 53672832.
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 $0.34. The 50-Day Moving Average of the stock is -25.21%, while the 200-Day Moving Average is calculated to be -42.87%.
Shares Statistics:
CTXR traded an average of 1.55M shares per day over the past three months and 1066150 shares per day over the past ten 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 16.86% stake in the company. Shares short for CTXR as of 1727654400 were 12768363 with a Short Ratio of 8.26, compared to 1724976000 on 13389164. Therefore, it implies a Short% of Shares Outstanding of 12768363 and a Short% of Float of 7.580000000000001.