In last trading session, CytomX Therapeutics Inc (NASDAQ:CTMX) saw 2.57 million shares changing hands with its beta currently measuring 1.03. Company’s recent per share price level of $2.10 trading at $0.07 or 3.45% at ring of the bell on the day assigns it a market valuation of $142.21M. That closing price of CTMX’s stock is at a discount of -36.19% from its 52-week high price of $2.86 and is indicating a premium of 50.48% from its 52-week low price of $1.04. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.62 million shares which gives us an average trading volume of 874.47K if we extend that period to 3-months.
CytomX Therapeutics Inc (NASDAQ:CTMX) trade information
Upright in the green during last session for gaining 3.45%, in the last five days CTMX remained trading in the red while hitting it’s week-highest on Thursday, 04/04/24 when the stock touched $2.10 price level, adding 3.67% to its value on the day. CytomX Therapeutics Inc’s shares saw a change of 35.48% in year-to-date performance and have moved -2.33% in past 5-day. CytomX Therapeutics Inc (NASDAQ:CTMX) showed a performance of -16.33% in past 30-days. Number of shares sold short was 3.53 million shares which calculate 1.97 days to cover the short interests.
CytomX Therapeutics Inc (CTMX) estimates and forecasts
Statistics highlight that CytomX Therapeutics Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 72.13% of value to its shares in past 6 months, showing an annual growth rate of -2,000.00% while that of industry is 13.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -10.50% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $22.42 million for the same. And 5 analysts are in estimates of company making revenue of $21.72 million in the next quarter that will end on Jun 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 67.21% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -3067.00% while estimates for its earnings growth in next 5 years are of -0.90%.
CTMX Dividends
CytomX Therapeutics Inc is more likely to be releasing its next quarterly report between May 07 and May 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
CytomX Therapeutics Inc (NASDAQ:CTMX)’s Major holders
Insiders are in possession of 1.33% of company’s total shares while institution are holding 48.63 percent of that, with stock having share float percentage of 49.28%. Investors also watch the number of corporate investors in a company very closely, which is 48.63% institutions for CytomX Therapeutics Inc that are currently holding shares of the company. Tang Capital Management, LLC is the top institutional holder at CTMX for having 6.6 million shares of worth $11.35 million. And as of Jun 29, 2023, it was holding 9.89% of the company’s outstanding shares.
The second largest institutional holder is BVF Inc., which was holding about 6.6 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 9.88% of outstanding shares, having a total worth of $11.34 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 2.18 million shares of worth $3.75 million or 3.27% of the total outstanding shares. The later fund manager was in possession of 0.95 million shares on Jun 29, 2023, making its stake of worth around $1.63 million in the company or a holder of 1.42% of company’s stock.
