Delcath Systems Inc [DCTH] stock prices are up 5.35% to $11.22 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DCTH shares have gain 16.51% over the last week, with a monthly amount glided 8.09%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Delcath Systems Inc [NASDAQ: DCTH] stock has seen the most recent analyst activity on June 28, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $18. Previously, Stephens started tracking the stock with Overweight rating on May 14, 2024, and set its price target to $25. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $25 on December 10, 2021. Canaccord Genuity initiated its recommendation with a Buy and recommended $24 as its price target on March 09, 2021. BTIG Research started tracking with a Buy rating for this stock on January 05, 2021, and assigned it a price target of $23. In a note dated June 01, 2020, Laidlaw initiated an Buy rating and provided a target price of $19 on this stock.
The stock price of Delcath Systems Inc [DCTH] has been fluctuating between $2.60 and $12.88 over the past year. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Delcath Systems Inc [NASDAQ: DCTH] shares were valued at $11.22 at the most recent close of the market. An investor can expect a potential return of 96.08% based on the average DCTH price forecast.
Analyzing the DCTH fundamentals
The Delcath Systems Inc [NASDAQ:DCTH] reported sales of 22.64M for trailing twelve months, representing a surge of 2480.65%. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at -1.27%, Pretax Profit Margin comes in at -1.62%, and Net Profit Margin reading is -1.62%. To continue investigating profitability, this company’s Return on Assets is posted at -1.08, Equity is -3.16 and Total Capital is -2.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.23.
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 10.79 points at the first support level, and at 10.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.46, and for the 2nd resistance point, it is at 11.71.
Ratios To Look Out For
It’s worth pointing out that Delcath Systems Inc [NASDAQ:DCTH]’s Current Ratio is 1.34. On the other hand, the Quick Ratio is 1.03, and the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 15.85, the price to book ratio is 36.68.
Transactions by insiders
Recent insider trading involved Aharon Gil, Director, that happened on Mar 19 ’24 when 26882.0 shares were purchased. Director, SALAMON STEVEN A J completed a deal on Mar 19 ’24 to buy 26882.0 shares. Meanwhile, Chief Medical Officer Vukovic Vojo bought 40000.0 shares on Dec 12 ’23.
