Ratios Revealed: Decoding Citius Pharmaceuticals Inc (CTXR)’s Financial Health

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The closing price of Citius Pharmaceuticals Inc (NASDAQ: CTXR) was $0.62 for the day, down -9.15% from the previous closing price of $0.69. In other words, the price has decreased by -$9.15 from its previous closing price. On the day, 2.4 million shares were traded. CTXR stock price reached its highest trading level at $0.6775 during the session, while it also had its lowest trading level at $0.602.

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 5.17 and its Current Ratio is at 5.17. 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 112772728 and an Enterprise Value of 101282248.

Stock Price History:

The Beta on a monthly basis for CTXR is 1.62, which has changed by -0.44690263 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, CTXR has reached a high of $1.42, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -19.39%, while the 200-Day Moving Average is calculated to be -19.35%.

Shares Statistics:

CTXR traded an average of 958.79K shares per day over the past three months and 1363280 shares per day over the past ten days. A total of 180.52M shares are outstanding, with a floating share count of 166.56M. Insiders hold about 7.74% of the company’s shares, while institutions hold 15.25% stake in the company. Shares short for CTXR as of 1714435200 were 14428232 with a Short Ratio of 15.05, compared to 1711584000 on 12425469. Therefore, it implies a Short% of Shares Outstanding of 14428232 and a Short% of Float of 8.58.

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