Analysts Speculate on Delcath Systems Inc (NASDAQ:DCTH)

1
Image of male hand pointing at business document during discussion

Delcath Systems Inc (NASDAQ:DCTH) shares traded -19.55% down during most recent session to reach at the closing price of $0.03. The stock exchanged hands 44.57 Million shares versus average trading capacity of 12.31 Million shares, yielding a market cap of $5.54 Million. Wall Street analysts covering the stock are projecting that the stock will reach $16 within the next 52-weeks. The mean target projections are based on 1 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Delcath Systems Inc (NASDAQ:DCTH) high price target of $16 and with a conservative view have low price target of $16.

Wallachbeth “Initiates Coverage on” Delcath Systems Inc (NASDAQ:DCTH) in a research note issued to investors on 3/04/16 to Buy with price target of $.

Additionally on 5/03/13 Cowen & Co. “Downgrades” Delcath Systems Inc (NASDAQ:DCTH) to Underperform setting price target at $ and on 5/03/13 Roth Capital “Downgrades” the stock to Sell at $0.5. Furthermore on 5/03/13 JMP Securities “Downgrades” the stock to Market Perform at $.

On the other hand the company has Relative Strength Index (RSI 14) of 20.36 along with Average True Range (ATR 14) of 0.01, Consequently Delcath Systems Inc (NASDAQ:DCTH)’s weekly and monthly volatility is 22.75%, 13.72% respectively. The company’s beta value is at 1.3.

In terms of Buy, Sell or Hold recommendations, Delcath Systems Inc (NASDAQ:DCTH) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Previously Delcath Systems Inc (NASDAQ:DCTH) reported $-0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $-3.29 by $2.63. The company posted an earnings surprise of 79.9%.

Currently Delcath Systems Inc (NASDAQ:DCTH)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 0.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 6.38%.

Delcath Systems Inc (NASDAQ:DCTH) 52-week high price stands at $110.08 and low price stands at $0.04, its price distance from 52-week high is -99.97% while its distance from 52-week low price is -17.09%. The stock hit its 52-week high on 05/20/16, and 52-week low on 05/12/17. The company’s trailing twelve month income is -18000000 dollars and is paying 0% dividend yield annually.

Delcath Systems Inc (NASDAQ:DCTH)’s trailing twelve month revenues are $2 Million, whereas its price to sales ratio for the same period is 3.45. Its book value per share for the most recent quarter is $-0.01 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0.03, however its price to cash per share ratio for the same period is 1.08. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.