Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Citius Pharmaceuticals Inc (NASDAQ: CTXR) was $1.93 for the day, down -8.08% from the previous closing price of $2.11. In other words, the price has decreased by -$8.08 from its previous closing price. On the day, 1.35 million shares were traded. CTXR stock price reached its highest trading level at $2.13 during the session, while it also had its lowest trading level at $1.9.
Ratios:
Our analysis of CTXR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.06 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 23522246 and an Enterprise Value of 20183398.
Stock Price History:
The Beta on a monthly basis for CTXR is 1.18, which has changed by -0.8962467 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, CTXR has reached a high of $26.25, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 92.36%, while the 200-Day Moving Average is calculated to be -49.15%.
Shares Statistics:
CTXR traded an average of 2.49M shares per day over the past three months and 2845320 shares per day over the past ten days. A total of 11.17M shares are outstanding, with a floating share count of 10.53M. Insiders hold about 5.74% of the company’s shares, while institutions hold 5.69% stake in the company. Shares short for CTXR as of 1749772800 were 1348420 with a Short Ratio of 0.54, compared to 1747267200 on 603412. Therefore, it implies a Short% of Shares Outstanding of 1348420 and a Short% of Float of 12.620000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
