Delcath Systems Inc. (DCTH) Sees Unusually-High Trading Volume
Delcath Systems Inc. (NASDAQ:DCTH) shares saw strong trading volume on Friday . 195,932 shares changed hands during mid-day trading, an increase of 194% from the previous session’s volume of 66,575 shares.The stock last traded at $4.08 and had previously closed at $3.92.
The company has a 50-day moving average price of $3.95 and a 200-day moving average price of $4.72. The stock’s market cap is $6.40 million.
Delcath Systems (NASDAQ:DCTH) last posted its earnings results on Wednesday, May 4th. The medical device company reported ($0.08) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.11. 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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