CytomX Therapeutics Inc (NASDAQ: CTMX) Is Worth A Shot If You’re A Risk-Capital Investor

In the last trading session, 1.09 million CytomX Therapeutics Inc (NASDAQ:CTMX) shares changed hands as the company’s beta touched 1.36. With the company’s per share price at $0.65 changed hands at $0.06 or 9.95% during last session, the market valuation stood at $52.03M. CTMX’s last price was a discount, traded about -800.0% off its 52-week high of $5.85. The share price had its 52-week low at $0.56, which suggests the last value was 13.85% up since then. When we look at CytomX Therapeutics Inc’s average trading volume, we note the 10-day average is 6.5 million shares, with the 3-month average coming to 1.85 million.

Analysts gave the CytomX Therapeutics Inc (CTMX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.83. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended CTMX as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.

CytomX Therapeutics Inc (NASDAQ:CTMX) trade information

Instantly CTMX was in green as seen at the end of in last trading. With action -2.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -36.93%, with the 5-day performance at -2.30% in the red. However, in the 30-day time frame, CytomX Therapeutics Inc (NASDAQ:CTMX) is -18.24% down. Looking at the short shares, we see there were 4.7 million shares sold at short interest cover period of 6.67 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3.46, meaning bulls need an upside of 81.21% from its current market value. According to analyst projections, CTMX’s forecast low is 3.25 with 3.68 as the target high. To hit the forecast high, the stock’s price needs a -466.15% plunge from its current level, while the stock would need to soar -400.0% for it to hit the projected low.

The 2025 estimates are for CytomX Therapeutics Inc earnings to decrease by -97.15%.

CTMX Dividends

CytomX Therapeutics Inc is expected to release its next quarterly earnings report on 2025-Mar-05.

CytomX Therapeutics Inc (NASDAQ:CTMX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 1.09% of CytomX Therapeutics Inc shares while 58.43% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 59.07%. There are 58.43% institutions holding the CytomX Therapeutics Inc stock share, with TANG CAPITAL MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 9.1799% of the shares, roughly 7.79 million CTMX shares worth $9.51 million.

JANUS HENDERSON GROUP PLC holds the second largest percentage of outstanding shares, with 7.4245% or 6.3 million shares worth $7.72 million as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 2.46 shares estimated at $1.6 million under it, the former controlled 3.07% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.23% of the shares, roughly 981.49 shares worth around $0.64 million.