With 1.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.78 million shares. The 52-week range on CTMX shows that it touched its highest point at $5.85 and its lowest point at $0.60 during that stretch. It currently has a 1-year price target of $4.94. Beta for the stock currently stands at 1.31.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CTMX was down-trending over the past week, with a drop of -4.96%, but this was down by -26.14% over a month. Three-month performance dropped to -46.52% while six-month performance fell -48.30%. The stock lost -75.77% in the past year, while it has lost -39.77% so far this year. A look at the trailing 12-month EPS for CTMX yields 0.39 with Next year EPS estimates of -0.48. For the next quarter, that number is 0.06. This implies an EPS growth rate of -97.15% for this year and -4527.74% for next year.
Float and Shares Shorts:
At present, 80.10 million CTMX shares are outstanding with a float of 78.05 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CTMX since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.12116 being high and -$0.32886 being low. For CTMX, this leads to a yearly average estimate of -$0.043271. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is -$0.1. The average estimate for the next quarter is thus $0.08.
