Analyst Research

Analysts Take on Delcath Systems Inc (DCTH)

Delcath Systems Inc (NASDAQ:DCTH) shares traded -1.95% down during most recent session to reach at the closing price of $0.2. The stock exchanged hands 43.48 Million shares versus average trading capacity of 73.43 Million shares, yielding a market cap of $38.07 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.

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.

On the other hand the company has Relative Strength Index (RSI 14) of 63.68 along with Average True Range (ATR 14) of 0.05, Consequently Delcath Systems Inc (NASDAQ:DCTH)’s weekly and monthly volatility is 50.68%, 52.47% respectively. The company’s beta value is at 1.07.

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 1.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 217.15%.

Delcath Systems Inc (NASDAQ:DCTH) 52-week high price stands at $6.49 and low price stands at $0.01, its price distance from 52-week high is -96.9% while its distance from 52-week low price is 1240%. The stock hit its 52-week high on 08/04/16, and 52-week low on 06/05/17.

Delcath Systems Inc (NASDAQ:DCTH)’s trailing twelve month revenues are $2.4 Million, whereas its price to sales ratio for the same period is 15.86. 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 5.95. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.

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