Now Is The Time To Build A Position In Cumberland Pharmaceuticals Inc (NASDAQ:CPIX)

In the last trading session, 0.17 million Cumberland Pharmaceuticals Inc (NASDAQ:CPIX) shares changed hands as the company’s beta touched 0.21. With the company’s per share price at $2.51 changed hands at $0.26 or 11.56% during last session, the market valuation stood at $35.39M. CPIX’s last price was a discount, traded about -21.51% off its 52-week high of $3.05. The share price had its 52-week low at $1.04, which suggests the last value was 58.57% up since then. When we look at Cumberland Pharmaceuticals Inc’s average trading volume, we note the 10-day average is 10.23 million shares, with the 3-month average coming to 1.78 million.

Cumberland Pharmaceuticals Inc (NASDAQ:CPIX) trade information

Instantly CPIX was in green as seen at the end of in last trading. With action 18.87%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 40.65%, with the 5-day performance at 18.87% in the green. However, in the 30-day time frame, Cumberland Pharmaceuticals Inc (NASDAQ:CPIX) is 137.74% up. Looking at the short shares, we see there were 0.16 million shares sold at short interest cover period of 0.92 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0.31%.

CPIX Dividends

Cumberland Pharmaceuticals Inc is expected to release its next quarterly earnings report in January.

Cumberland Pharmaceuticals Inc (NASDAQ:CPIX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 44.80% of Cumberland Pharmaceuticals Inc shares while 14.69% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 26.61%. There are 14.69% institutions holding the Cumberland Pharmaceuticals Inc stock share, with RENAISSANCE TECHNOLOGIES LLC the top institutional holder. As of 2024-06-30, the company held 3.8173% of the shares, roughly 0.54 million CPIX shares worth $0.82 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.6546% or 0.37 million shares worth $0.57 million as of 2024-06-30.