Catabasis Pharmaceuticals, Inc. (NASDAQ:CATB) Moving Today - Up by 22.59%

Shares of Catabasis Pharma Cmn (NASDAQ:CATB) now have an Average Brokerage Recommendation of 1.5, number of Recs in ABR is 4 while industry rank of the company by ABR is out of 265. The company's market cap is $47.66 million. The Relative Strength Index (RSI) is a very common technical indicator used to assess the strength and weakness of momentum in stock movements. The RSI oscillates between zero and 100. Out of the analyst recommendations 2 rate Catabasis Pharma Cmn (NASDAQ:CATB) stock a Buy, 1 rate the stock Outperform, 2 rate Hold, 0 rate Underperform and 0 recommend a Sell.

Let's take an assessment at how Catabasis Pharmaceuticals, Inc. (CATB) is at 72.67. Catabasis Pharmaceuticals now has an average rating of "Buy" and an average target price of $4.00. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward. There is no concrete way to calculate a price target. Yearly performance of the stock shows a bearish trend of -66.08% while year-to-date (YTD) performance reflected -41.27% negative outlook.

In the latest earnings report the EPS was $-1.71 and is projected to be $-1.39 for the current year with 22,481,000 shares now outstanding. Next quarter's EPS is forecasted to be $-0.33 with next year's EPS anticipated to be $-1.18.

Catabasis Pharmaceuticals, Inc. (CATB) now the company's industry has 12.58 P/E and the sector P/E is 16.13.

The company is expected to report earnings of $-0.33 a share for the next quarter.

At the end of June reporting period, 12 institutional holders increased their position in Catabasis Pharmaceuticals, Inc. The analysts estimated mean EPS at -0.31 while the high and low EPS estimate stand at -0.26 and -0.37 respectively. The company reported revenue of $0 in the same period a year ago. The Average True Range, a measure of volatility is at 0.17, however its weekly and monthly volatility is 15.65%, 10.35% respectively. The stock now has Monthly Volatility of 10.14% and Weekly Volatility of 10.17%. There are advantages to using a moving average in your trading, as well options on what type of moving average to use. Moving average strategies are also popular and can be tailored to any time frame, suiting both long term investors and short-term traders.

A moving average can help cut down the amount of "noise" on a price chart. Look at the direction of the moving average to get a basic idea of which way the price is moving. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range.

Shares of the company are trading at $2.54 which is well above $1.57, the 50 day moving average and much higher than the 200 day moving average of $1.57. An RSI above 70 is considered overbought and stocks are considered oversold at levels under 30. The most optimistic analyst sees the stock reaching $9 while the most conventional has $1.5 target price. (NASDAQ:CATB). 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. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Like this


02 October 2017
Jaromir Jagr signs $1 million contract with Calgary Flames
The Flames visit the Panthers in Sunrise on January 12; Florida travels to Calgary on February 17. Louis Blues , general manager Doug Armstrong confirmed to LeBrun.

02 October 2017
Trailer for Oscar Pistorius movie
While there is still no set date for the South African release the Lifetime movie is set to debut on November 11. Entertainment Weekly has obtained an exclusive promo of upcoming movie Oscar Pistorius: Blade Runner Killer .

02 October 2017
Analysts Opinions on: Kinross Gold Corporation (KGC)
The stock of Kinross Gold Corporation (USA) (NYSE: KGC ) earned "Underperform" rating by Macquarie Research on Tuesday, March 15. Russell Investments Group Ltd. bought a new stake in Kinross Gold during the fourth quarter valued at approximately $22,916,000.

02 October 2017
Roku Unveils Its 2017 Streaming Player Lineup
That's primarily because it can handle 4K content while retaining it's stick-like frame (unlike the new Amazon Fire TV ). The new line of streaming players will be available for pre-order beginning today from Roku, Amazon and other outlets.

02 October 2017
Mariah Carey Interviewed On Vegas Shooting While Lounging By A Christmas Tree
On Twitter , viewers pointed out that the interview's set-up felt "inappropriate" in light of the tragic events in Las Vegas .

02 October 2017
Marilyn Manson Injured in Stage Accident, Postpones Tour
Manson was taken from the venue on a stretcher but is expected to resume his tour on October 15 in Grand Prairie, Texas. Manson's reps said the most significant injury affected his leg, but that the hard rocker would be "fine".

02 October 2017
Crude Oil Prices Start the Week a Touch Lower
According to the Houston Chronicle, 2.4 million barrels of oil a day were drawn from the West Texas Permian basin in 2016. US energy companies added oil rigs for the first time in seven weeks.

02 October 2017
Russian Federation says IS cell members detained, terror plots foiled
The intelligence agency said the men were from Russia's majority-Muslim North Caucasus, and reported to IS members based overseas .

02 October 2017
ISM US Manufacturing PMI Accelerates in September
Anything above 50 signals that manufacturers are growing, and the ISM survey shows they've been on a 13-month winning streak. Workers assemble built-in appliances at the Whirlpool manufacturing plant in Cleveland, Tennessee August 21, 2013.

02 October 2017
Watch a preview for The X Factor 2017's Wall of Songs
My parents always said I could sing before I could talk. The X Factor airs Saturdays and Sundays on ITV. Work is work so it can't be helped.