With 0.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. The 52-week range on CTLP shows that it touched its highest point at $11.36 and its lowest point at $5.78 during that stretch. It currently has a 1-year price target of $12.50. Beta for the stock currently stands at 1.10.
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 CTLP was up-trending over the past week, with a rise of 3.25%, but this was up by 14.23% over a month. Three-month performance dropped to -4.61% while six-month performance fell -9.72%. The stock gained 39.70% in the past year, while it has lost -13.04% so far this year. A look at the trailing 12-month EPS for CTLP yields 0.20 with Next year EPS estimates of 0.46. For the next quarter, that number is 0.11. This implies an EPS growth rate of 116.00% for this year and 43.21% for next year.
Float and Shares Shorts:
At present, 73.03 million CTLP shares are outstanding with a float of 65.45 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 CTLP since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $0.17788 being high and $0.16368 being low. For CTLP, this leads to a yearly average estimate of $0.168. Based on analyst estimates, the high estimate for the next quarter is $0.1 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.1.
