Citius Pharmaceuticals Inc (NASDAQ:CTXR)’s traded shares stood at 1.26 million during the last session, with the company’s beta value hitting 1.64. At the close of trading, the stock’s price was $0.35, to imply a decrease of -3.11% or -$0.01 in intraday trading. The CTXR share’s 52-week high remains $1.07, putting it -205.71% down since that peak but still an impressive 2.86% since price per share fell to its 52-week low of $0.34. The company has a valuation of $62.53M, with an average of 0.93 million shares in intraday trading volume over the past 10 days and average of 1.44 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Citius Pharmaceuticals Inc (CTXR), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give CTXR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.04.
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Citius Pharmaceuticals Inc (NASDAQ:CTXR) trade information
After registering a -3.11% downside in the last session, Citius Pharmaceuticals Inc (CTXR) has traded red over the past five days. The 5-day price performance for the stock is -15.61%, and -32.98% over 30 days. With these gigs, the year-to-date price performance is -54.26%. Short interest in Citius Pharmaceuticals Inc (NASDAQ:CTXR) saw shorts transact 12.77 million shares and set a 14.45 days time to cover.
Citius Pharmaceuticals Inc (CTXR) estimates and forecasts
Looking at statistics comparing Citius Pharmaceuticals Inc share performance against respective industry, we note that the company has underperformed competitors. Citius Pharmaceuticals Inc (CTXR) shares are -52.77% down over the last 6 months, with its year-to-date growth rate lower than industry average at 12.50% against 17.60%. Revenue is forecast to grow 42.90% this quarter before jumping 166.70% for the next one.
Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 15.87M.
CTXR Dividends
Citius Pharmaceuticals Inc has its next earnings report out on 2024-Dec-27. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Citius Pharmaceuticals Inc (NASDAQ:CTXR)’s Major holders
Citius Pharmaceuticals Inc insiders hold 6.81% of total outstanding shares, with institutional holders owning 17.03% of the shares at 18.27% float percentage. In total, 17.03% institutions holds shares in the company, led by ARMISTICE CAPITAL, LLC. As of 2024-06-30, the company held over 10.16 million shares (or 6.3845% of shares), all amounting to roughly $5.93 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 6.33 million shares, or about 3.9776% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.69 million.
