Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Delcath Systems Inc’s stock clocked out at $16.21, down -4.98% from its previous closing price of $17.06. In other words, the price has decreased by -$4.98 from its previous closing price. On the day, 0.42 million shares were traded.
Ratios:
To gain a deeper understanding of DCTH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.61 and its Current Ratio is at 15.95. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Craig Hallum on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $18.
On May 14, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $25.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.48 while its Price-to-Book (P/B) ratio in mrq is 6.76.
Stock Price History:
Over the past 52 weeks, DCTH has reached a high of $18.23, while it has fallen to a 52-week low of $6.33. The 50-Day Moving Average of the stock is 20.69%, while the 200-Day Moving Average is calculated to be 34.99%.
Shares Statistics:
A total of 33.44M shares are outstanding, with a floating share count of 29.38M. Insiders hold about 15.65% of the company’s shares, while institutions hold 40.68% stake in the company.
