Analysts Say Delcath Systems Inc Can Reach $22 In 12 Months

Delcath Systems Inc (NASDAQ:DCTH)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting 0.80. At the close of trading, the stock’s price was $16.25, to imply a decrease of -1.22% or -$0.2 in intraday trading. The DCTH share’s 52-week high remains $16.72, putting it -2.89% down since that peak but still an impressive 77.23% since price per share fell to its 52-week low of $3.70. The company has a valuation of $519.58M, with an average of 0.42 million shares in intraday trading volume over the past 10 days and average of 444.17K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Delcath Systems Inc (DCTH), translating to a mean rating of 1.00. Of 7 analyst(s) looking at the stock, 0 analyst(s) give DCTH a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 6 recommend it as a Buy.

Delcath Systems Inc (NASDAQ:DCTH) trade information

After registering a -1.22% downside in the last session, Delcath Systems Inc (DCTH) has traded red over the past five days. The 5-day price performance for the stock is 4.17%, and 32.11% over 30 days. With these gigs, the year-to-date price performance is 34.97%. Short interest in Delcath Systems Inc (NASDAQ:DCTH) saw shorts transact 1.25 million shares and set a 5.26 days time to cover.

The extremes give us $22 and $22 for target low and target high price respectively. As such, DCTH has been trading -35.38% off suggested target high and -35.38% from its likely low.

DCTH Dividends

Delcath Systems Inc has its next earnings report out in March. 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.

Delcath Systems Inc (NASDAQ:DCTH)’s Major holders

Delcath Systems Inc insiders hold 2.71% of total outstanding shares, with institutional holders owning 38.13% of the shares at 39.19% float percentage. In total, 38.13% institutions holds shares in the company, led by ROSALIND ADVISORS, INC.. As of 2024-06-30, the company held over 2.65 million shares (or 10.6496% of shares), all amounting to roughly $15.53 million.

The next major institution holding the largest number of shares is AIGH CAPITAL MANAGEMENT LLC with 2.4 million shares, or about 9.6427% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $20.09 million.

We also have iShares Micro Cap ETF and Fidelity Total Market Index Fund as the top two Mutual Funds with the largest holdings of the Delcath Systems Inc (DCTH) shares. Going by data provided on Nov 30, 2024 , iShares Micro Cap ETF holds roughly 46.77 shares. This is just over 64.26% of the total shares, with a market valuation of $0.76 million. Data from the same date shows that the other fund manager holds a little less at 42.14, or 57.90% of the shares, all valued at about 0.68 million.