Delcath Systems Inc (NASDAQ: DCTH) is 38.97% higher on its value in year-to-date trading and has touched a low of $7.17 and a high of $18.23 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DCTH stock was last observed hovering at around $12.55 in the last trading session, with the day’s loss setting it -1.21%.
Currently trading at $11.34, the stock is -16.06% and -22.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing -9.64% at the moment leaves the stock -10.84% off its SMA200. DCTH registered -5.81% loss for a year compared to 6-month gain of -7.80%. The firm has a 50-day simple moving average (SMA 50) of $14.6229 and a 200-day simple moving average (SMA200) of $12.7193.
The stock witnessed a -30.04% loss in the last 1 month and extending the period to 3 months gives it a -0.61%, and is -10.64% 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 5.40% over the week and 4.82% over the month.
Delcath Systems Inc (DCTH) has around 96 employees, a market worth around $394.93M and $53.85M in sales. Fwd P/E is 17.96. Profit margin for the company is -26.38%. Distance from 52-week low is 58.16% and -37.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.51%).
The EPS is expected to grow by 103.69% this year.
Delcath Systems Inc (DCTH) Top Institutional Holders
119.0 institutions hold shares in Delcath Systems Inc (DCTH), with institutional investors hold 46.28% of the company’s shares. The shares outstanding are 33.44M, and float is at 31.33M with Short Float at 5.09%. Institutions hold 45.01% of the Float.
The top institutional shareholder in the company is ROSALIND ADVISORS, INC. with over 2.65 million shares valued at $15.53 million. The investor’s holdings represent 10.6496% of the DCTH Shares outstanding. As of 2024-06-30, the second largest holder is AIGH CAPITAL MANAGEMENT LLC with 2.4 million shares valued at $20.09 million to account for 9.6427 of the shares outstanding. The other top investors are VIVO CAPITAL, LLC which holds 1.67 million shares representing 6.6972% and valued at over $13.95 million, while VANGUARD GROUP INC holds 4.0036 of the shares totaling 1.0 million with a market value of $8.34 million.
