Earnings Forecast of CytRx Corporation (CYTR)
- Author: Zachary Reyes Apr 25, 2017,
Apr 25, 2017, 20:02
The share of CytRx Corporation (CYTR) now has a value of $0.61 while the company's 52 week low is at $0.36, the shares dropped to the 52 week low on 12/28/16. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. The Average Volume (3 months) is 1.65 Million. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. For the quarter, shares have been noted at 45.24%.
CytRx Corporation (CYTR) is expected to post revenue of $11.42 Million in the current quarter, according to consensus of 1 analysts. The average numbers of shares are traded in a security per day, during the recent 3-month period. The stock's price is 304.93 and their relative strength index (RSI) stands at 90.63.
An important factor to consider when evaluating a stock's current and future value are the 52 week price high and low levels.
Media headlines about CytRx (NASDAQ:CYTR) have been trending positive on Thursday, AlphaOne Sentiment reports. The stock traded with the volume of 51.38 Million shares in the last trading session.
CytRx Corporation (CYTR) now has a Return on Assets (ROA) value of -77.9 Percent.
United States of America based company, CytRx Corporation (CYTR)'s latest closing price distance was 57.11% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 90.98% and 83.22% compared with the 20 Day Moving Average. The total market capitalization remained at $118.67 million.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for CytRx Corporation the EPS stands at -0.06 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.11, suggesting the stock exceeded the analysts' expectations. CytRx Corporation (NASDAQ:CYTR)'s distance from 20 day simple moving average is 38.33% whereas its distance from 50 day simple moving average is 42.41% along with 14.22% distance from 200 day simple moving average.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 57.11%, and has a solid year to date (YTD) performance of 124.32% which means the stock is constantly adding to its value from the previous fiscal year end price. The company now has a Return on Equity (ROE) of -199.90% and a Return on Investment (ROI) of -114.40%. The Relative Volume value measured for CytRx Corporation (CYTR) is 31.07.
So, most importantly, where are shares headed from here? The stock, after opening at $0.65, closed at $0.830 by scoring 35.40%. The stock is showing its Operating Margin of 0 percent.