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The price of Catalyst Pharmaceuticals Inc (NASDAQ: CPRX) closed at $21.16 in the last session, down -2.35% from day before closing price of $21.67. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 0.7 million shares were traded. CPRX stock price reached its highest trading level at $21.8 during the session, while it also had its lowest trading level at $21.04.
Ratios:
We take a closer look at CPRX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.65. For the most recent quarter (mrq), Quick Ratio is recorded 4.94 and its Current Ratio is at 5.14. In the meantime, Its Debt-to-Equity ratio is 0.01 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, Citigroup on March 14, 2024, initiated with a Buy rating and assigned the stock a target price of $27.
On March 07, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $23.
On December 21, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $30.Oppenheimer initiated its Outperform rating on December 21, 2023, with a $30 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 21 ’24 when Tierney David S sold 15,000 shares for $20.10 per share. The transaction valued at 301,455 led to the insider holds 348,874 shares of the business.
Miller Steve sold 150,000 shares of CPRX for $3,052,900 on Aug 20 ’24. The Chief Op. & Scientific Officer now owns 675,124 shares after completing the transaction at $20.35 per share. On Aug 21 ’24, another insider, Tierney David S, who serves as the Director of the company, bought 15,000 shares for $20.10 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPRX now has a Market Capitalization of 2511438080 and an Enterprise Value of 2139118848. As of this moment, Catalyst’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.66, and their Forward P/E ratio for the next fiscal year is 15.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.78 while its Price-to-Book (P/B) ratio in mrq is 4.12. Its current Enterprise Value per Revenue stands at 4.923 whereas that against EBITDA is 17.469.
Stock Price History:
Over the past 52 weeks, CPRX has reached a high of $21.85, while it has fallen to a 52-week low of $11.89. The 50-Day Moving Average of the stock is 5.27%, while the 200-Day Moving Average is calculated to be 26.94%.
Shares Statistics:
According to the various share statistics, CPRX traded on average about 988.78K shares per day over the past 3-months and 740590 shares per day over the past 10 days. A total of 107.12M shares are outstanding, with a floating share count of 102.43M. Insiders hold about 13.70% of the company’s shares, while institutions hold 75.12% stake in the company. Shares short for CPRX as of 1727654400 were 5751460 with a Short Ratio of 5.82, compared to 1724976000 on 5773097. Therefore, it implies a Short% of Shares Outstanding of 5751460 and a Short% of Float of 6.02.
