Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Citius Pharmaceuticals Inc (NASDAQ: CTXR) closed at $0.70 down -2.90% from its previous closing price of $0.72. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 0.11 million shares were traded. CTXR stock price reached its highest trading level at $0.745 during the session, while it also had its lowest trading level at $0.69.
Ratios:
For a deeper understanding of Citius Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. 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 7234081 and an Enterprise Value of 11055871.
Stock Price History:
The Beta on a monthly basis for CTXR is 0.90, which has changed by -0.9555063 over the last 52 weeks, in comparison to a change of 0.09362543 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 -31.09%, while the 200-Day Moving Average is calculated to be -87.91%.
Shares Statistics:
For the past three months, CTXR has traded an average of 291.89K shares per day and 152600 over the past ten days. A total of 10.29M shares are outstanding, with a floating share count of 9.70M. Insiders hold about 5.74% of the company’s shares, while institutions hold 6.18% stake in the company. Shares short for CTXR as of 1745971200 were 670558 with a Short Ratio of 2.30, compared to 1743379200 on 681240. Therefore, it implies a Short% of Shares Outstanding of 670558 and a Short% of Float of 7.19.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
