With 1.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.92 million shares. The 52-week range on CATX shows that it touched its highest point at $16.55 and its lowest point at $1.60 during that stretch. It currently has a 1-year price target of $13.89. Beta for the stock currently stands at 1.11.
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 up-trending over the past week, with a rise of 29.18%, but this was up by 41.28% over a month. Three-month performance surged to 27.20% while six-month performance fell -17.00%. The stock lost -75.94% in the past year, while it has gained 4.08% so far this year. A look at the trailing 12-month EPS for CATX yields -1.21 with Next year EPS estimates of -1.29. For the next quarter, that number is -0.29. This implies an EPS growth rate of 6.46% for this year and -12.06% for next year. EPS is expected to decline by -1.94% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.86%.
Float and Shares Shorts:
At present, 74.05 million CATX shares are outstanding with a float of 54.14 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 -$0.8225 being high and -$0.89991 being low. For CATX, this leads to a yearly average estimate of -$0.85153.
