In the past week, CTMX stock has gone up by 3.90%, with a monthly decline of -8.19% and a quarterly plunge of -8.97%. The volatility ratio for the week is 6.54%, and the volatility levels for the last 30 days are 7.69% for CytomX Therapeutics Inc The simple moving average for the past 20 days is -4.14% for CTMX’s stock, with a -26.72% simple moving average for the past 200 days.
Is It Worth Investing in CytomX Therapeutics Inc (NASDAQ: CTMX) Right Now?
The price-to-earnings ratio for CytomX Therapeutics Inc (NASDAQ: CTMX) is above average at 6.28x, Company’s 36-month beta value is 1.02.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for CTMX is 76.94M, and currently, short sellers hold a 7.20% ratio of that floaft. The average trading volume of CTMX on January 07, 2025 was 1.18M shares.
CTMX) stock’s latest price update
CytomX Therapeutics Inc (NASDAQ: CTMX)’s stock price has dropped by -6.58 in relation to previous closing price of 1.14. Nevertheless, the company has seen a gain of 3.90% in its stock price over the last five trading days. globenewswire.com reported 2025-01-06 that – Encouraging progress supports near-term focus on lead wholly-owned program, CX-2051 (EpCAM PROBODY® ADC). Initial Phase 1a clinical data in advanced metastatic colorectal cancer (CRC) are anticipated in the first half of 2025 –
Analysts’ Opinion of CTMX
Many brokerage firms have already submitted their reports for CTMX stocks, with Piper Sandler repeating the rating for CTMX by listing it as a “Overweight.” The predicted price for CTMX in the upcoming period, according to Piper Sandler is $3.50 based on the research report published on May 28, 2024 of the previous year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see CTMX reach a price target of $8. The rating they have provided for CTMX stocks is “Outperform” according to the report published on May 09th, 2024.
Jefferies gave a rating of “Buy” to CTMX, setting the target price at $8 in the report published on May 06th of the previous year.
CTMX Trading at 0.89% from the 50-Day Moving Average
After a stumble in the market that brought CTMX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.79% of loss for the given period.
Volatility was left at 7.69%, however, over the last 30 days, the volatility rate increased by 6.54%, as shares sank -9.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.94% lower at present.
During the last 5 trading sessions, CTMX rose by +4.38%, which changed the moving average for the period of 200-days by -52.24% in comparison to the 20-day moving average, which settled at $1.1112. In addition, CytomX Therapeutics Inc saw 3.40% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTMX starting from Landau Jeffrey B, who sale 4,181 shares at the price of $1.23 back on Aug 20 ’24. After this action, Landau Jeffrey B now owns 119,056 shares of CytomX Therapeutics Inc, valued at $5,139 using the latest closing price.
BELVIN MARCIA, the SVP, Chief Scientific Officer of CytomX Therapeutics Inc, sale 4,181 shares at $1.23 during a trade that took place back on Aug 20 ’24, which means that BELVIN MARCIA is holding 175,648 shares at $5,139 based on the most recent closing price.
Stock Fundamentals for CTMX
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.99 for the gross margin
The net margin for CytomX Therapeutics Inc stands at 0.11. The total capital return value is set at 0.34.
Currently, EBITDA for the company is -4.31 million with net debt to EBITDA at -3.7. When we switch over and look at the enterprise to sales, we see a ratio of 0.42. The receivables turnover for the company is 37.77for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
In a nutshell, CytomX Therapeutics Inc (CTMX) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
