Citius Pharmaceuticals Inc [NASDAQ: CTXR] traded at a high on Monday, posting a 12.10 gain after which it closed the day’ session at $0.22.
The results of the trading session contributed to over 12446785 shares changing hands. Over the past one week, the price volatility of Citius Pharmaceuticals Inc stands at 38.95% while the volatility over the past one month is 16.97%.
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The market cap for CTXR stock reached $24.68 million, with 180.72 million shares outstanding and 168.40 million shares in the current float. Compared to the average trading volume of 1.30M shares, CTXR reached a trading volume of 12446785 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Citius Pharmaceuticals Inc [CTXR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CTXR shares is $4.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CTXR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for Citius Pharmaceuticals Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 30, 2021.
The Average True Range (ATR) for Citius Pharmaceuticals Inc is set at 0.06 The Price to Book ratio for the last quarter was 0.47, with the Price to Cash per share for the same quarter was set at 0.16.
How has CTXR stock performed recently?
Citius Pharmaceuticals Inc [CTXR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -50.09. With this latest performance, CTXR shares dropped by -42.66% in over the last four-week period, additionally sinking by -66.02% over the last 6 months – not to mention a drop of -70.65% 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 32.69, with the RSI for the last a single of trading hit 30.34, and the three-weeks RSI is set at 34.16 for Citius Pharmaceuticals Inc [CTXR]. The present Moving Average for the last 50 days of trading for this stock 0.4243, while it was recorded at 0.3241 for the last single week of trading, and 0.6486 for the last 200 days.
Citius Pharmaceuticals Inc [CTXR]: Deeper insight into the fundamentals
Citius Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.75 and a Current Ratio set at 6.75.
Earnings analysis for Citius Pharmaceuticals Inc [CTXR]
With the latest financial reports released by the company, Citius Pharmaceuticals Inc posted -0.07/share EPS, while the average EPS was predicted by analysts to be reported at -0.06/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.01. 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.
Insider trade positions for Citius Pharmaceuticals Inc [CTXR]
There are presently around $13.05%, or 14.00%% of CTXR stock, in the hands of institutional investors. The top three institutional holders of CTXR stocks are: ARMISTICE CAPITAL, LLC with ownership of 10.16 million shares, which is approximately 6.3845%. VANGUARD GROUP INC, holding 6.33 million shares of the stock with an approximate value of $$3.69 million in CTXR stocks shares; and VANGUARD GROUP INC, currently with $$1.2 million in CTXR stock with ownership which is approximately 1.288%.
