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After finishing at $0.52 in the prior trading day, Citius Pharmaceuticals Inc (NASDAQ: CTXR) closed at $0.52, up 0.95%. In other words, the price has increased by $0.95 from its previous closing price. On the day, 0.76 million shares were traded. CTXR stock price reached its highest trading level at $0.54 during the session, while it also had its lowest trading level at $0.502.
Ratios:
Our goal is to gain a better understanding of CTXR by taking a closer look at its different ratios. 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 94320376 and an Enterprise Value of 77329792.
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 $0.48. The 50-Day Moving Average of the stock is -23.28%, while the 200-Day Moving Average is calculated to be -26.88%.
Shares Statistics:
The stock has traded on average 2.16M shares per day over the past 3-months and 1175700 shares per day over the last 10 days, according to various share statistics. 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 1726185600 were 12530596 with a Short Ratio of 5.80, compared to 1723680000 on 12283475. Therefore, it implies a Short% of Shares Outstanding of 12530596 and a Short% of Float of 7.4399999999999995.
