In the past week, CTSO stock has gone down by -14.63%, with a monthly gain of 5.00% and a quarterly plunge of -2.78%. The volatility ratio for the week is 6.30%, and the volatility levels for the last 30 days are 10.96% for Cytosorbents Corp The simple moving average for the past 20 days is -19.88% for CTSO’s stock, with a 5.38% simple moving average for the past 200 days.
Is It Worth Investing in Cytosorbents Corp (NASDAQ: CTSO) Right Now?
The stock has a 36-month beta value of 0.53. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CTSO is 46.55M, and at present, short sellers hold a 2.85% of that float. On October 11, 2024, the average trading volume of CTSO was 91.69K shares.
CTSO) stock’s latest price update
The stock of Cytosorbents Corp (NASDAQ: CTSO) has decreased by -7.08 when compared to last closing price of 1.13.Despite this, the company has seen a loss of -14.63% in its stock price over the last five trading days. globenewswire.com reported 2024-10-01 that CytoSorbents files for FDA De Novo marketing approval of DrugSorb-ATR to reduce the severity of CABG-related bleeding due to the blood thinner ticagrelor
Analysts’ Opinion of CTSO
Many brokerage firms have already submitted their reports for CTSO stocks, with B. Riley Securities repeating the rating for CTSO by listing it as a “Buy.” The predicted price for CTSO in the upcoming period, according to B. Riley Securities is $4 based on the research report published on September 07, 2023 of the previous year 2023.
B. Riley Securities, on the other hand, stated in their research note that they expect to see CTSO reach a price target of $10. The rating they have provided for CTSO stocks is “Buy” according to the report published on October 14th, 2021.
Jefferies gave a rating of “Buy” to CTSO, setting the target price at $15 in the report published on September 17th of the previous year.
CTSO Trading at -8.29% from the 50-Day Moving Average
After a stumble in the market that brought CTSO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.16% of loss for the given period.
Volatility was left at 10.96%, however, over the last 30 days, the volatility rate increased by 6.30%, as shares sank -0.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.50% lower at present.
During the last 5 trading sessions, CTSO fell by -14.63%, which changed the moving average for the period of 200-days by -40.34% in comparison to the 20-day moving average, which settled at $1.3105. In addition, Cytosorbents Corp saw -5.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTSO starting from Sobel Alan D., who purchase 22,557 shares at the price of $1.33 back on Dec 13 ’23. After this action, Sobel Alan D. now owns 101,857 shares of Cytosorbents Corp, valued at $30,001 using the latest closing price.
Deliargyris Efthymios, the Chief Medical Officer of Cytosorbents Corp, purchase 22,557 shares at $1.33 during a trade that took place back on Dec 13 ’23, which means that Deliargyris Efthymios is holding 348,433 shares at $30,001 based on the most recent closing price.
Stock Fundamentals for CTSO
Current profitability levels for the company are sitting at:
- -0.68 for the present operating margin
- 0.64 for the gross margin
The net margin for Cytosorbents Corp stands at -0.71. The total capital return value is set at -0.57. Equity return is now at value -125.05, with -48.23 for asset returns.
Based on Cytosorbents Corp (CTSO), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at -1.51. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is 244.79.
Currently, EBITDA for the company is -28.53 million with net debt to EBITDA at -0.8. When we switch over and look at the enterprise to sales, we see a ratio of 2.09. The receivables turnover for the company is 4.62for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.12.
Conclusion
To sum up, Cytosorbents Corp (CTSO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
