Citius Pharmaceuticals Inc (NASDAQ: CTXR) is -31.75% lower on its value in year-to-date trading and has touched a low of $0.48 and a high of $1.07 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 CTXR stock was last observed hovering at around $0.54 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.52, the stock is -4.65% and -25.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -4.39% at the moment leaves the stock -28.00% off its SMA200. CTXR registered -21.78% loss for a year compared to 6-month loss of -35.58%. The firm has a 50-day simple moving average (SMA 50) of $0.68634 and a 200-day simple moving average (SMA200) of $0.715435.
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The stock witnessed a -24.07% gain in the last 1 month and extending the period to 3 months gives it a -17.01%, and is 1.24% up 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 9.01% over the week and 7.76% over the month.
Citius Pharmaceuticals Inc (CTXR) has around 22 employees, a market worth around $93.31M and $0.00M in sales. Fwd P/E is 9.39. Distance from 52-week low is 7.56% and -51.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.36%).
The EPS is expected to grow by 2.27% this year
83.0 institutions hold shares in Citius Pharmaceuticals Inc (CTXR), with institutional investors hold 18.24% of the company’s shares. The shares outstanding are 180.72M, and float is at 168.40M with Short Float at 7.44%. Institutions hold 17.00% of the Float.
The top institutional shareholder in the company is ARMISTICE CAPITAL, LLC with over 10.16 million shares valued at $5.93 million. The investor’s holdings represent 6.3845 of the CTXR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.33 million shares valued at $3.69 million to account for 3.9776 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 2.05 million shares representing 1.288 and valued at over $1.2 million, while BLACKROCK INC. holds 1.1352 of the shares totaling 1.81 million with a market value of $1.05 million.
