For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Delcath Systems Inc’s stock clocked out at $16.05, up 3.75% from its previous closing price of $15.47. In other words, the price has increased by $3.75 from its previous closing price. On the day, 0.55 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 10.38 while its Price-to-Book (P/B) ratio in mrq is 6.69.
Stock Price History:
Over the past 52 weeks, DCTH has reached a high of $16.97, while it has fallen to a 52-week low of $6.33. The 50-Day Moving Average of the stock is 27.40%, while the 200-Day Moving Average is calculated to be 38.73%.
Shares Statistics:
A total of 33.44M shares are outstanding, with a floating share count of 30.69M. Insiders hold about 11.89% of the company’s shares, while institutions hold 38.80% stake in the company.
