Citius Pharmaceuticals Inc (NASDAQ: CTXR) is -91.88% 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 $1.63 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $1.49, the stock is -3.30% and 34.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -8.59% at the moment leaves the stock -56.81% off its SMA200. CTXR registered -62.75% loss for a year compared to 6-month loss of -57.31%. The firm has a 50-day simple moving average (SMA 50) of $1.07416 and a 200-day simple moving average (SMA200) of $3.56626.
The stock witnessed a 70.36% gain in the last 1 month and extending the period to 3 months gives it a 50.54%, and is -15.82% 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 13.46% over the week and 19.51% over the month.
Citius Pharmaceuticals Inc (CTXR) has around 23 employees, a market worth around $16.65M and $0.00M in sales. Fwd P/E is 3.99. Distance from 52-week low is 129.23% and -94.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-70.14%).
with sales reaching $1.92M over the same period.The EPS is expected to grow by 66.50% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
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 9.21%. 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 87.6238 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 54.5902 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 2.05 million shares representing 17.6771 and valued at over $1.2 million, while BLACKROCK INC. holds 15.5794 of the shares totaling 1.81 million with a market value of $1.05 million.
