While CytomX Therapeutics Inc has underperformed by -0.80%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CTMX fell by -56.28%, with highs and lows ranging from $5.85 to $0.40, whereas the simple moving average fell by -27.26% in the last 200 days.
On April 14, 2025, Piper Sandler started tracking CytomX Therapeutics Inc (NASDAQ: CTMX) recommending Overweight. A report published by Piper Sandler on May 28, 2024, Upgraded its rating to ‘Overweight’ for CTMX. Wedbush also Upgraded CTMX shares as ‘Outperform’, setting a target price of $8 on the company’s shares in a report dated May 09, 2024. Jefferies May 06, 2024d the rating to Buy on May 06, 2024, and set its price target from $2.50 to $8. JP Morgan April 22, 2024d its ‘Underweight’ rating to ‘Neutral’ for CTMX, as published in its report on April 22, 2024. BMO Capital Markets’s report from November 14, 2022 suggests a price prediction of $2.60 for CTMX shares, giving the stock a ‘Market Perform’ rating. Wedbush also rated the stock as ‘Neutral’.
Analysis of CytomX Therapeutics Inc (CTMX)
Further, the quarter-over-quarter increase in sales is 43.17%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of CytomX Therapeutics Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 1.25, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and CTMX is recording an average volume of 1.83M. On a monthly basis, the volatility of the stock is set at 11.28%, whereas on a weekly basis, it is put at 9.72%, with a gain of 15.63% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.67, showing growth from the present price of $0.73, which can serve as yet another indication of whether CTMX is worth investing in or should be passed over.
How Do You Analyze CytomX Therapeutics Inc Shares?
CytomX Therapeutics Inc (CTMX) is based in the USA and is one of the most prominent companies operating in the Biotechnology market. When comparing CytomX Therapeutics Inc shares with other companies under Healthcare, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 1.86, there is a growth in quarterly earnings of 1800.81%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.46%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 58.22% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CTMX shares are owned by institutional investors to the tune of 58.22% at present.
