Cytrx Cp (NASDAQ:CYTR) shares traded 3.16% up during most recent session to reach at the closing price of $0.39. The stock exchanged hands 1.77 Million shares versus average trading capacity of 4.57 Million shares, yielding a market cap of $66.82 Million. Wall Street analysts covering the stock are projecting that the stock will reach $4 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 Cytrx Cp (NASDAQ:CYTR) high price target of $4 and with a conservative view have low price target of $4.
Jefferies “Initiates Coverage on” Cytrx Cp (NASDAQ:CYTR) in a research note issued to investors on 1/07/16 to Hold.
Additionally on 4/21/15 FBR Capital “Initiates Coverage on” Cytrx Cp (NASDAQ:CYTR) to Outperform setting price target at $8 and on 4/17/15 Oppenheimer “Initiates Coverage on” the stock to Outperform at $10. Furthermore on 1/23/14 Aegis Capital “Maintained” the stock to Buy at $12.
On the other hand the company has Relative Strength Index (RSI 14) of 36.62 along with Average True Range (ATR 14) of 0.02, Consequently Cytrx Cp (NASDAQ:CYTR)’s weekly and monthly volatility is 5.84%, 5.60% respectively. The company’s beta value is at 2.34.
In terms of Buy, Sell or Hold recommendations, Cytrx Cp (NASDAQ:CYTR) 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.
According to analysts Cytrx Cp (NASDAQ:CYTR)’s minimum EPS for the current quarter is at $0 and can go high up to $0. The consensus mean EPS for the current quarter is at $0 derived from a total of 0 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.19 earnings per share for the same quarter during last year.
Previously Cytrx Cp (NASDAQ:CYTR) reported $-0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.11 by $0.05. The company posted an earnings surprise of 45.5%.
Currently Cytrx Cp (NASDAQ:CYTR)’s shares owned by insiders are 14.67%, whereas shares owned by institutional owners are 7.9%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -9.05%.
Cytrx Cp (NASDAQ:CYTR) 52-week high price stands at $1.00 and low price stands at $0.36, its price distance from 52-week high is -61.1% while its distance from 52-week low price is 7.53%. The stock hit its 52-week high on 07/31/17, and 52-week low on 12/28/16.
Cytrx Cp (NASDAQ:CYTR)’s trailing twelve month revenues are $100000, whereas its price to sales ratio for the same period is 668.17. Its book value per share for the most recent quarter is $0.14 while its price to book ratio for the same period is 2.77, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.