Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Citius Pharmaceuticals Inc (NASDAQ: CTXR) closed at $3.30 in the last session, up 1.23% from day before closing price of $3.26. In other words, the price has increased by $1.23 from its previous closing price. On the day, 78395.0 shares were traded. CTXR stock price reached its highest trading level at $3.31 during the session, while it also had its lowest trading level at $3.13.
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 0.17 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 27953442 and an Enterprise Value of 648078720.
Stock Price History:
The Beta on a monthly basis for CTXR is 1.32, which has changed by -0.81142855 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, CTXR has reached a high of $26.75, while it has fallen to a 52-week low of $2.44. The 50-Day Moving Average of the stock is -27.41%, while the 200-Day Moving Average is calculated to be -74.88%.
Shares Statistics:
According to the various share statistics, CTXR traded on average about 274.89K shares per day over the past 3-months and 120500 shares per day over the past 10 days. A total of 8.47M shares are outstanding, with a floating share count of 7.93M. Insiders hold about 6.38% of the company’s shares, while institutions hold 11.19% stake in the company. Shares short for CTXR as of 1734048000 were 523868 with a Short Ratio of 2.17, compared to 1731628800 on 537856. Therefore, it implies a Short% of Shares Outstanding of 523868 and a Short% of Float of 7.239999599999999.
