CTI BioPharma (NASDAQ:CTIC) Share Price Passes Above 50-Day Moving Average of $0.85
Shares of CTI BioPharma Corp (NASDAQ:CTIC) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.85 and traded as high as $0.75. CTI BioPharma shares last traded at $0.74, with a volume of 21,301 shares traded.
The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.18. The stock has a 50-day simple moving average of $0.85.
CTI BioPharma (NASDAQ:CTIC) last issued its quarterly earnings data on Thursday, May 2nd. The biopharmaceutical company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.02. The business had revenue of $0.64 million for the quarter. CTI BioPharma had a negative return on equity of 67.97% and a negative net margin of 224.53%.
CTI BioPharma Company Profile (NASDAQ:CTIC)
CTI BioPharma Corp., a biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel targeted therapies for blood-related cancers in the United States and internationally. It develops PIXUVRI, a novel aza-anthracenedione for the treatment of adult patients with multiply relapsed or refractory aggressive B-cell non-Hodgkin lymphoma; and pacritinib, an investigational oral kinase inhibitor with specificity for JAK2, FLT3, IRAK1, and CSF1R, which is in Phase III clinical trials for the treatment of adult patients with myelofibrosis.
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