Delcath Systems Inc. (DCTH) Trading Down 7.8%
Delcath Systems Inc. (NASDAQ:DCTH) shares fell 7.8% during mid-day trading on Friday . The company traded as low as $4.21 and last traded at $4.25, with a volume of 70,730 shares. The stock had previously closed at $4.61.
The stock has a 50-day moving average price of $4.00 and a 200-day moving average price of $4.63. The company’s market capitalization is $6.40 million.
Delcath Systems (NASDAQ:DCTH) last released its quarterly earnings results on Wednesday, May 4th. The medical device company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.11. Equities analysts expect that Delcath Systems Inc. will post ($7.84) EPS for the current 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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