Citius Pharmaceuticals Inc (CTXR) Stock Down -2.68%: Is It a Good Investment?

Citius Pharmaceuticals Inc [CTXR] stock is trading at $0.73, down -2.68%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CTXR shares have gain 1.37% over the last week, with a monthly amount drifted -25.63%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Citius Pharmaceuticals Inc [NASDAQ: CTXR] stock has seen the most recent analyst activity on November 30, 2021, when Maxim Group initiated its Buy rating and assigned the stock a price target of $4.

Citius Pharmaceuticals Inc [CTXR] stock has fluctuated between $0.60 and $1.56 over the past year. Citius Pharmaceuticals Inc [NASDAQ: CTXR] shares were valued at $0.73 at the most recent close of the market.

Analyzing the CTXR fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.39, Equity is -0.42 and Total Capital is -0.42. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7162 points at the first support level, and at 0.7062 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7401, and for the 2nd resistance point, it is at 0.7540.

Citius Pharmaceuticals Inc [CTXR] reported earnings per share of -$0.06 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.13/share, meaning a difference of -$0.19 and a surprise factor of -146.20%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were -$0.07 per share as compared to estimates of -$0.02 per share, a difference of -$0.05 representing a surprise of -250.00%.

Ratios To Look Out For

For context, Citius Pharmaceuticals Inc’s Current Ratio is 5.06. Also, the Quick Ratio is 5.06, while the Cash Ratio stands at 3.65.

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