Delcath Systems Inc. (DCTH) Trading Up 47.6%
Delcath Systems Inc. (NASDAQ:DCTH)’s share price was up 47.6% on Thursday . The company traded as high as $5.83 and last traded at $5.83, with a volume of 154,265 shares changing hands. The stock had previously closed at $3.95.
The firm’s 50-day moving average price is $3.99 and its 200 day moving average price is $4.63. The firm’s market capitalization is $6.95 million.
Delcath Systems (NASDAQ:DCTH) last posted its earnings results on Wednesday, May 4th. The medical device company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.11. On average, analysts expect that Delcath Systems Inc. will post ($7.84) EPS for the current fiscal year.
Delcath Systems, Inc is a late-stage clinical development company with early commercial activity in Europe focused on cancers of the liver. The Company is a specialty pharmaceutical and medical device company developing its product, Melphalan Hydrochloride for Injection for use with the Delcath Hepatic Delivery System (Melphalan/HDS).
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