Catalyst Pharmaceuticals Inc. [CPRX] Is Currently -2.09 below its 200 Period Moving Avg: What Does This Mean?

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Catalyst Pharmaceuticals Inc. [NASDAQ: CPRX] It fell by -$0.26 during the normal trading session on Thursday and reached a high of $12.53 on the day while closing the day at $12.20. Company report on September 12, 2022 Catalyst Pharmaceuticals is set to join S&P SmallCap 600.


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Catalyst Pharmaceuticals Inc. will dissolve (NASD: CPRX) Shop Mantech International Corp. (NASD:MANT) in the S&P SmallCap 600 as of before the opening of trading Thursday, September 15. ManTech International is in a deal that is expected to be completed soon pending final terms.

The following is a summary of the changes that will occur before the opening of trading on the effective date:

Catalyst Pharmaceuticals Inc. shares also lost ground. -10.43% of its value over the past 7 days. However, CPRX stock is up 82.36% in the three months of the year. In the past six months, it is up 48.78% and has gained 80.21% year over year.

CPRX stock has a market capitalization of $1.27 billion, with 102.80 million shares outstanding and 94.95 million shares in current float. Compared to an average trading volume of 3.19 million shares, CPRX reached a trading volume of 3,100,909 on the last trading day, which is why market watchers consider the stock to be active.

Here’s what leading stock market experts are saying about Catalyst Pharmaceuticals Inc. [CPRX]:

Based on careful and fact-backed analysis by Wall Street experts, the current consensus on a target price for CPRX shares is $16.90 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus for CPRX stock is a set recommendation at 2.20. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.

ROTH Capital has made an appreciation for the shares of Catalyst Pharmaceuticals Inc. , retaining their opinion of the stock as neutral, with their previous recommendation back on August 24, 2022. While these analysts held the previous recommendation, Cantor Fitzgerald raised the target price to overweight. The new price target note was released on September 21, 2018, which is the official target price for Catalyst Pharmaceuticals Inc. stock.

The Average True Range (ATR) was set by Catalyst Pharmaceuticals Inc. at 0.88, with CPRX stock’s price-to-sales ratio over the past 12-month period at 7.47. The price-to-book ratio for the last quarter was 5.19, with the price-to-cash-to-cash ratio for the same quarter set at 2.11.

CPRX stock trading performance evaluation

Catalyst Pharmaceuticals Inc. [CPRX] It fell into the red at the end of last week, fell in a negative direction and fell by -10.43. With this latest performance, CPRX shares are down -18.18% over the past four-week period, as well as down 48.78% over the past six months — not to mention up 148.98% in the last year of trading.

Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for CPRX stock for the past two weeks was set at 39.00, with the RSI for the last one traded at 29.61, and the three-week RSI was set at 45.37 for Catalyst Pharmaceuticals Inc. [CPRX]. The current moving average for the last 50 trading days for this stock is 12.46 while it recorded at 12.77 for the last trading week, and 8.50 for the last 200 days.

Catalyst Pharmaceuticals Inc. [CPRX]: Insight into the basic fundamentals

Operating margin for any stock indicates how profitable the investment is, and Catalyst Pharmaceuticals Inc. [CPRX] The stock currently has an operating margin of +37.20 and a gross margin of +84.46. Net margin reported to Catalyst Pharmaceuticals Inc. Currently at +28.03.

The return on equity for this stock increased to 20.98, with the return on assets remaining at 18.36.

The liquidity data of Catalyst Pharmaceuticals Inc. Interesting too, with the quick ratio at 10.40 and the current ratio at 10.80.

Catalyst Pharmaceuticals Inc. [CPRX]: Insiders ownership positions

There are currently about $931 million, or 76.40% of CPRX shares, in the hands of institutional investors. The three largest corporate owners of CPRX shares are: ARMISTICE CAPITAL, LLC with 10,200,000 ownership, which is approximately 21.835% of the company’s market capitalization and approximately 7.30% of the total institutional ownership; BLACKROCK INC. , which owns 6,951,816 shares of stock with an approximate value of $84.81 million in CPRX stock; and STATE STREET CORP, currently with $66.34 million of CPRX stock holding approximately 17.746% of the company’s market capitalization.

Positions increased in the shares of Catalyst Pharmaceuticals Inc. held by institutional investors at the end of August and at the time of the August report, as 88 institutional owners consolidated their position in Catalyst Pharmaceuticals Inc. [NASDAQ:CPRX] About 11,569,581 shares. In addition, the number of 92 investors decreased by 5,993,215 shares, while 31 investors held positions with 58,757,543 shares. The said changes put institutional holdings at 7,6320,339 shares, according to the latest report from the Securities and Exchange Commission. CPRX stock had 25 new institutional investors invested for a total of 739,175 shares, while 18 institutional investors sold 673,036 shares deals during the same period.

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