Citius Pharmaceuticals Inc. (NASDAQ:CTXR) traded today at a new 52-week high of $4.23. Approximately 2.8 million shares have changed hands today, as compared to an average 30-day volume of 7.9 million shares.
Citius Pharmaceuticals Inc is a specialty pharmaceutical company. The company is engaged in the development and commercialization of anti-infective products, adjunctive cancer care, and unique prescription products. Citius is currently advancing two proprietary product candidates, Mino-Lok product and a Hydrocortisone-Lidocaine formulation. Mino-Lok product is an antibiotic lock solution used to treat patients with catheter-related bloodstream infections. The company's Hydrocortisone-Lidocaine provides anti-inflammatory and anesthetic relief to patients suffering from Grade I and II hemorrhoids. It is primarily operating within the critical care and cancer care market segments.
Citius Pharmaceuticals Inc. share prices have moved between a 52-week high of $4.23 and a 52-week low of $0.78 and are now trading 396% above that low price at $3.87 per share.
There is potential upside of 18.9% for shares of Citius Pharmaceuticals Inc. based on a current price of $3.87 and an average consensus analyst price target of $4.60.
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