Citius Pharmaceuticals Inc (NASDAQ: CTXR) is -89.17% 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 $1.77 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $1.63, the stock is 16.18% and 56.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing -7.91% at the moment leaves the stock -55.83% off its SMA200. CTXR registered -59.25% loss for a year compared to 6-month loss of -58.31%. The firm has a 50-day simple moving average (SMA 50) of $1.0401 and a 200-day simple moving average (SMA200) of $3.690235.
The stock witnessed a 18.98% gain in the last 1 month and extending the period to 3 months gives it a 66.99%, and is -22.38% 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 17.46% over the week and 20.43% over the month.
Citius Pharmaceuticals Inc (CTXR) has around 23 employees, a market worth around $18.22M and $0.00M in sales. Fwd P/E is 4.37. Distance from 52-week low is 150.77% and -93.79% 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 66.50% this year
34.0 institutions hold shares in Citius Pharmaceuticals Inc (CTXR), with institutional investors hold 6.01% of the company’s shares. The shares outstanding are 11.17M, and float is at 10.53M with Short Float at 12.81%. Institutions hold 5.74% 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.
