Altamira Therapeutics Ltd. (NASDAQ: CYTO) is -83.11% lower on its value in year-to-date trading and has touched a low of $0.73 and a high of $18.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CYTO stock was last observed hovering at around $0.88 in the last trading session, with the day’s loss setting it -0.06% off its average median price target of $286.10 for the next 12 months. It is also 99.71% off the consensus price target high of $286.10 offered by 1 analysts, but current levels are 99.71% higher than the price target low of $286.10 for the same period.
Currently trading at $0.82, the stock is -13.28% and -30.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -6.67% at the moment leaves the stock -81.28% off its SMA200. CYTO registered -94.68% loss for a year compared to 6-month loss of -85.72%. The firm has a 50-day simple moving average (SMA 50) of $42.86 and a 200-day simple moving average (SMA200) of -$0.51.
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The stock witnessed a -21.21% gain in the last 1 month and extending the period to 3 months gives it a -66.89%, and is -8.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.17% over the week and 13.79% over the month.
Altamira Therapeutics Ltd. (CYTO) has around 17 employees, a market worth around $0.93M and $1.40M in sales. Distance from 52-week low is 12.25% and -95.55% from its 52-week high.
Altamira Therapeutics Ltd. (CYTO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Altamira Therapeutics Ltd. (CYTO) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Altamira Therapeutics Ltd. is expected to release its quarterly report on 08/17/2023.The EPS is expected to grow by 3.70% this year
Altamira Therapeutics Ltd. (CYTO) Top Institutional Holders
The shares outstanding are 6.99M, and float is at 6.91M with Short Float at 1.25%.