With 0.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.02 million shares. The 52-week range on CATX shows that it touched its highest point at $19.05 and its lowest point at $2.36 during that stretch. It currently has a 1-year price target of $16.05. Beta for the stock currently stands at 1.14.
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 CATX was down-trending over the past week, with a drop of -11.65%, but this was down by -33.80% over a month. Three-month performance dropped to -42.96% while six-month performance fell -84.92%. The stock lost -73.89% in the past year, while it has lost -26.33% so far this year. For the next quarter, that number is -0.27. This implies an EPS growth rate of 49.34% for this year and -43.14% for next year. EPS is expected to grow by 4.82% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.69%.
Float and Shares Shorts:
At present, 67.56 million CATX shares are outstanding with a float of 49.26 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 CATX since 4 analysts follow the stock currently. There are 4 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 -$0.99 being high and -$1.85 being low. For CATX, this leads to a yearly average estimate of -$1.23. Based on analyst estimates, the high estimate for the next quarter is -$0.26 and the low estimate is -$0.3. The average estimate for the next quarter is thus -$0.28.
Summary of Insider Activity:
Insiders traded CATX stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
