Citius Pharmaceuticals Inc. [CTXR] Is Currently 1.80 above its 200 Period Moving Avg: What Dose This Mean?

Citius Pharmaceuticals Inc. [NASDAQ: CTXR] closed the trading session at $2.26 on 05/26/21. The day’s price range saw the stock hit a low of $2.20, while the highest price level was $2.35. The company report on May 25, 2021 that Citius Pharmaceuticals Selected to Receive Best Poster Award at the International Society for Cell and Gene Therapy 2021 Annual Meeting.

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Poster highlighting proof-of-concept study of Citius’ iPSC-derived stem cell therapy in acute lung injury chosen for Best Poster Award at ISCT 2021 from among 336 posters selected from,400 abstracts submitted.

Citius Pharmaceuticals, Inc. (“Citius” or the “Company”) (Nasdaq: CTXR), a biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products with a focus on anti-infective products in adjunct cancer care, unique prescription products and stem cell therapy, announced that it has received the Best Poster Award at the prestigious International Society for Cell and Gene Therapy (ISCT) 2021 Annual Meeting.

The stocks have a year to date performance of 121.57 percent and weekly performance of 3.20 percent. The stock has been moved at 144.32 percent over the last six months. The stock has performed 15.90 percent around the most recent 30 days and changed 9.71 percent over the most recent 3-months.

If compared to the average trading volume of 7.43M shares, CTXR reached to a volume of 4190962 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Citius Pharmaceuticals Inc. [CTXR]:

The Average True Range (ATR) for Citius Pharmaceuticals Inc. is set at 0.17 The Price to Book ratio for the last quarter was 1.74, with the Price to Cash per share for the same quarter was set at 0.80.

CTXR stock trade performance evaluation

Citius Pharmaceuticals Inc. [CTXR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.20. With this latest performance, CTXR shares gained by 15.90% in over the last four-week period, additionally plugging by 144.32% over the last 6 months – not to mention a rise of 152.51% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CTXR stock in for the last two-week period is set at 57.62, with the RSI for the last a single of trading hit 58.04, and the three-weeks RSI is set at 57.21 for Citius Pharmaceuticals Inc. [CTXR]. The present Moving Average for the last 50 days of trading for this stock 1.98, while it was recorded at 2.27 for the last single week of trading, and 1.39 for the last 200 days.

Citius Pharmaceuticals Inc. [CTXR]: An insightful look at the core fundamentals

Citius Pharmaceuticals Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 35.20 and a Current Ratio set at 35.20.

Earnings per share (EPS) analysis for Citius Pharmaceuticals Inc. [CTXR] stock

With the latest financial reports released by the company, Citius Pharmaceuticals Inc. posted -0.11/share EPS, while the average EPS was predicted by analysts to be reported at -0.1/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -10.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CTXR.

Citius Pharmaceuticals Inc. [CTXR]: Insider Ownership positions

There are presently around $25 million, or 13.30% of CTXR stock, in the hands of institutional investors. The top three institutional holders of CTXR stocks are: VANGUARD GROUP INC with ownership of 5,066,235, which is approximately 570.919% of the company’s market cap and around 9.14% of the total institutional ownership; BLACKROCK INC., holding 1,928,638 shares of the stock with an approximate value of $4.36 million in CTXR stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $2.23 million in CTXR stock with ownership of nearly 4548.663% of the company’s market capitalization.

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31 institutional holders increased their position in Citius Pharmaceuticals Inc. [NASDAQ:CTXR] by around 9,322,510 shares. Additionally, 5 investors decreased positions by around 212,121 shares, while 6 investors held positions by with 1,553,015 shares. The mentioned changes placed institutional holdings at 11,087,646 shares, according to the latest SEC report filing. CTXR stock had 19 new institutional investments in for a total of 2,963,499 shares, while 4 institutional investors sold positions of 198,221 shares during the same period.

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