The Catalyst Pharmaceuticals Inc. (NASDAQ:CPRX) is going down by -10.59% in today’s trading session, a fall equivalent to -0.52% of the stock’s price from yesterday’s market close. A news came out 19 hours ago stating that Catalyst Pharmaceuticals Reports Third Quarter 2019 Financial Results and Provides Corporate Update by WSJ. The lowest point that the shares touched during the trading session was $4.79, while the peak of the day was recorded at a share price of $5.10. CPRX finished the previous session at $4.91 according to the data provided by Barchart, while the trading volume was observed to be $3293059.
In the 100 days of trading, CPRX managed to top a 5.16% Moving average. Additionally, Catalyst Pharmaceuticals Inc. shares have achieved a 52-week range between 1.85 and 7.67 alongside 100 days raw stochastic set at 8.07%.
The number of shares outstanding, according to the fundamentals of the company, is set at 102.87M, equal to the value of $505.09M in market capitalization. In the last 30 days, Catalyst Pharmaceuticals Inc. shares went down by -26.47%, adding 5.83 to growth in value, on top of a +0.87% boost since 10/11/19.
Catalyst Pharmaceuticals Inc. (NASDAQ:CPRX) Analyst’s Estimates
Catalyst Pharmaceuticals Inc. (CPRX) could record at least $0.11 per share in quarterly earnings in the upcoming report, a number that would actually represent an increase of 0.60 YOY.
On September 21, 2018, the stock earned a Initiated rating due to a new analyst call from Cantor Fitzgerald, while analysts from Piper Jaffray believe that the stock is set at Overweight, as concluded on September 07, 2018. Piper Jaffray, is still rather wary about the stock, deciding to keep the rating at Overweight as confirmed through a call on October 05, 2016.
Regardless of the rating, Piper Jaffray did decrease their price from $6 to $1 as they are considering target share price analysis. ROTH Capital, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on September 30, 2014, giving the stock a Buy rating.
CPRX Key Ratios To Watch:
Beta value of the stock is recorded at 2.41. Additionally, Catalyst Pharmaceuticals Inc. is recording price volatility of 5.76% for the period of the last seven days and 5.38% in the last 30 days.
Catalyst Pharmaceuticals Inc. (NASDAQ:CPRX) Technical Outlook
For the period of the last 50 days, Catalyst Pharmaceuticals Inc. had its Raw Stochastic average set at 1.08% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 2.34%. Stochastic %K for Catalyst Pharmaceuticals Inc., with the last 20 days included, was set at 21.60%, having Stochastic %D topping 28.08%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Catalyst Pharmaceuticals Inc. stocks with recording 155.73% in metrics.
Catalyst Pharmaceuticals Inc. Insider Watch:
Similarly, 55.85% of the company’s float is held by institutions – and there are 107 institutions in total holding shares of this company. The top three institutional holders of CPRX stocks are: Consonance Capital Management LP with ownership of $68.0 million, which is approximately 17875655 of the company’s shares; Blackrock Inc., holding 8255022 shares of the stock with an approximate value of $43.0 million; and Armistice Capital, LLC, currently with more than 5000000 shares of the company valued at $19.0 million. Positions in Catalyst Pharmaceuticals Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 3 insider purchases amounting to 45000 shares.