Catalyst Pharmaceuticals Announces $40 Million Share Repurchase CPRX: Catalyst Pharmaceuticals, Inc.
2021-03-22 08:03:00
Catalyst Pharmaceuticals Announces $40 Million Share Repurchase Program
CPRX trade ideas
CPRX Catalyst Pharmaceuticals $40M Repurchase P/E Ratio 6.5 WOWCatalyst Pharmaceuticals is a biopharmaceutical company that specializes in therapies for rare neurological and neuromuscular diseases. It announced its fourth-quarter and 2020 financial results on March 15, 2021, reporting a 16% increase in revenue for fiscal 2020 and a 30% increase in operating income. (investopedia.com)
The company posted adjusted earnings of $0.11 per share, up 57% year-over-year, with the figure exceeding analysts’ expectations of $0.09 per share.
The company remains focused on acquiring or in-licensing innovative, technology platforms and early stage programs in therapeutic areas different from neuromuscular diseases. (smarteranalyst.com)
CPRX it`s an easy 50% in my opinion.
$40 Million Share Repurchase.
Market Cap 453.715M.
PE Ratio (TTM) 6.15.
75mil revenue, 119mil earnings in 2020
haven`t seen such a great balance sheet on a penny stock.
now trading at 4,94usd.
3/18/2021 Roth Capital Boost Price Target Buy $6.50 ➝ $7.00
H.C. Wainwright analyst Andrew Fein reiterated a Buy rating on the stock with a price target of $9
If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Long possible around New MoonIf Market Continues to the downside we could see a reversal around the time of the New Moon.
CPRX BREAKOUTCprx is slowly but surely breaking new highs every single day
It peaked $5 but dipped for retracement
CPRX is currently consolidating between $4-5 by March 19th it will be trading well above $5
Which will outperform the rest in one yearIt's an idea to see how these stocks will perform in the future and which one will outperform the rest. Lt's revisit this in one year :)
CprxIt reached 3.68$ again on November 30 finishing the cup. Now the handle has shown reaching 3.58$ so far. If next 10days goes above 3.68$ should as well pass 4$. Curious to see if this cup formation holds.
Cprx predictionMy prediction is that cprx cup will form a handle on 9-11 December at 3.7$. After the handle (don't know direction, straight or downtrend) should go up around 4.5$ then a retraction should happen. This may be a big prediction so check on your own if everything goes to this plan. However financials are good and this stock is cheap.
Cprx breakthrough 2I'm thinking of two outcomes within 1 hour. Either creates the new support at price 3.41 or explodes above 3.46. This hour now, is the best moment to take a chance to enter this stock. Or you can stay aside and watch what next 3 15min candlesticks say.
Cprx breakthroughPassed the resistance. Waiting to see if it becomes support. Next resistance is 3.67.
Direction?There is hope for a big green candle... otherwise it will go down to continue the previous trend.
What do you think?
Cprx behaviorIt will either go down to repeat the up down trend or break up the resistance above. I don't see enough power to break the trend but I'm still looking for a sign.
CPRX - closing the gapPE 7.3 (industry 29.1, market 18.3)
PB 2.8 (industry 3.2, market 1.7)
0 debt
good ROE and ROA
Bargain! Last chance before the results!Strong bitten company. Growth and value play!
Despite jacobus approval it will grow and deliver good results.
Buy TodayCPRX is a buy! Good P/E Ratio with a good growth profile. Stock is down because of the lawsuit which is not really a true competition.
CATALYST PHARMACEUTICALS INC (CPRX) WeeklyDates in the future with the highest probability for price direction reversals
Next biotech stock to shoot up?
Firdapse
Spinal Muscular Atrophy (SMA) Type 3 **** Phase 2 data due 1H 2020
Firdapse
MuSK-antibody positive myasthenia gravis (MuSK-MG) **** Phase 3 data due 1H 2020
Short Float = 13.23%
Broke out of triangle, looking for a small pullback to the cloud / support line, have a stop under suport line at 4.20 and Target at 7.50 for at possible 70% upside Gain.
Cloud turned bullish and 9 EMA crossed 21 in an upside fashion.
**'*** This is not a recommendation for entering a position, please do your own Due dillligence ******
