Citius Pharmaceuticals Inc (NASDAQ: CTXR) is -73.50% lower on its value in year-to-date trading and has touched a low of $0.65 and a high of $26.25 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 $1.37 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $1.06, the stock is 28.79% and 20.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.69 million and changing -22.63% at the moment leaves the stock -78.49% off its SMA200. CTXR registered -93.29% loss for a year compared to 6-month loss of -71.04%. The firm has a 50-day simple moving average (SMA 50) of $0.87742 and a 200-day simple moving average (SMA200) of $4.92718.
The stock witnessed a 41.33% gain in the last 1 month and extending the period to 3 months gives it a -34.16%, and is 22.54% 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 30.75% over the week and 14.30% over the month.
Citius Pharmaceuticals Inc (CTXR) has around 23 employees, a market worth around $10.91M and $0.00M in sales. Fwd P/E is 1.25. Distance from 52-week low is 63.08% and -95.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-70.14%).
The EPS is expected to grow by 67.00% this year.
Citius Pharmaceuticals Inc (CTXR) Top Institutional Holders
34.0 institutions hold shares in Citius Pharmaceuticals Inc (CTXR), with institutional investors hold 6.55% of the company’s shares. The shares outstanding are 10.29M, and float is at 9.70M with Short Float at 6.22%. Institutions hold 6.24% 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.
Citius Pharmaceuticals Inc (CTXR) Insider Activity
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