At the time of writing, Delcath Systems Inc [DCTH] stock is trading at $12.61, up 4.73%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DCTH shares have gain 11.20% over the last week, with a monthly amount drifted -0.24%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Delcath Systems Inc fluctuated between $3.70 and $13.30. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Delcath Systems Inc [NASDAQ: DCTH] shares were valued at $12.61 at the most recent close of the market. An investor can expect a potential return of 74.46% based on the average DCTH price forecast.
Analyzing the DCTH fundamentals
According to Delcath Systems Inc [NASDAQ:DCTH], the company’s sales were 22.64M for trailing twelve months, which represents an 2480.65% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
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 12.12 points at the first support level, and at 11.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.90, and for the 2nd resistance point, it is at 13.20.
Ratios To Look Out For
It is important to note that Delcath Systems Inc [NASDAQ:DCTH] has a current ratio of 1.34. In addition, the Quick Ratio stands at 1.03 and the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 17.81, the price to book ratio is 41.22.
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.
