Can Context Therapeutics Inc (NASDAQ: CNTX) Still Be Considered A Loss When It’s Up 23.01% YTD?

During the last session, Context Therapeutics Inc (NASDAQ:CNTX)’s traded shares were 0.79 million, with the beta value of the company hitting 2.08. At the end of the trading day, the stock’s price was $1.39, reflecting an intraday loss of -7.33% or -$0.11. The 52-week high for the CNTX share is $2.75, that puts it down -97.84 from that peak though still a striking 44.6% gain since the share price plummeted to a 52-week low of $0.77. The company’s market capitalization is $104.25M, and the average intraday trading volume over the past 10 days was 0.22 million shares, and the average trade volume was 263.01K shares over the past three months.

Context Therapeutics Inc (CNTX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. CNTX has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.05.

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Context Therapeutics Inc (NASDAQ:CNTX) trade information

Context Therapeutics Inc (CNTX) registered a -7.33% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.33% in intraday trading to $1.39, hitting a weekly high. The stock’s 5-day price performance is -24.46%, and it has moved by -40.85% in 30 days. Based on these gigs, the overall price performance for the year is 63.41%. The short interest in Context Therapeutics Inc (NASDAQ:CNTX) is 1.03 million shares and it means that shorts have 2.79 day(s) to cover.

The consensus price target of analysts on Wall Street is $5.25, which implies an increase of 73.52% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.5 and $6 respectively. As a result, CNTX is trading at a discount of -331.65% off the target high and -223.74% off the low.

Context Therapeutics Inc (CNTX) estimates and forecasts

Statistics show that Context Therapeutics Inc has outperformed its competitors in share price, compared to the industry in which it operates. Context Therapeutics Inc (CNTX) shares have gone down -30.50% during the last six months, with a year-to-date growth rate more than the industry average at 66.00% against 16.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 88.10% this quarter and then jump 73.91% in the quarter after that.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -26.70%. While earnings are projected to return 70.33% in 2024.

CNTX Dividends

Context Therapeutics Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Context Therapeutics Inc (NASDAQ:CNTX)’s Major holders

Context Therapeutics Inc insiders own 1.45% of total outstanding shares while institutional holders control 76.40%, with the float percentage being 77.52%. GREAT POINT PARTNERS LLC is the largest shareholder of the company, while 38.0 institutions own stock in it. As of 2024-06-30, the company held over 7.42 million shares (or 13.4999% of all shares), a total value of $14.88 million in shares.

The next largest institutional holding, with 7.42 million shares, is of AVIDITY PARTNERS MANAGEMENT LP’s that is approximately 13.4999% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $14.88 million.

Also, the Mutual Funds coming in first place with the largest holdings of Context Therapeutics Inc (CNTX) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 3.12 shares. This amounts to just over 4.17 percent of the company’s overall shares, with a $4.34 million market value. The same data shows that the other fund manager holds slightly less at 1.28, or about 1.70% of the stock, which is worth about $1.77 million.