Most Active Stock: CytRx Corporation (CYTR)

Now the shares of CytRx Corporation (CYTR) has a trading volume of 51.38 Million shares, with an average trading volume of 8710 shares - with shares dropping to a 52 week low of $0.36, and the company's shares hitting a 52 week high of $ 3.66. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. Beta value of the stock stands at 1.07. Given that its average daily volume over the 30 days has been 1.65 million shares a day, this signifies a pretty significant change over the norm. These analysts and investment firms use various valuation methods to decide a price target for a stock. Comparatively, CytRx Corporation posted earnings of $-0.62 per share in the same quarter past year. The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. The Price to Sales (P/S) ratio of the stock is 359.59, while P/B (Price to Book) stands at 3.15.

CYTR stock's price is now -77.32% down from its 52-week high and +130.56% up from its 52-week low.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, CYTR earned gross profit of 0, in 2015 0 gross profit, while in 2016 CytRx Corporation (CYTR) produced 0 profit.

CytRx Corporation (CYTR) has been given an average price target of $4 from analysts, according to data collected by Finviz.

CytRx Corporation (CYTR) now has a Return on Assets (ROA) value of -77.9 Percent.

CytRx Corporation (CYTR) has a market capitalization of 98.54 Million.

US 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. 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. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement. The Relative Volume value measured for CytRx Corporation (CYTR) is 31.07. The stock, after opening at $0.65, closed at $0.830 by scoring 35.40%.

So, most importantly, where are shares headed from here?

The TTM operating margin is 0%.

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