Citius Pharmaceuticals Inc (NASDAQ:CTXR) insider Leonard L. Mazur acquired 421,400 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were bought at an average cost of $4.13 per share, with a total value of $1,740,382.00. Following the acquisition, the insider now directly owns 1,779,663 shares in the company, valued at $7,350,008.19. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Citius Pharmaceuticals Inc (NASDAQ CTXR) traded down 3.02% on Thursday, hitting $2.89. 13,263 shares of the company’s stock traded hands. The stock has a 50-day moving average of $6.63 and a 200-day moving average of $6.50. Citius Pharmaceuticals Inc has a one year low of $2.75 and a one year high of $25.65. The stock’s market cap is $14.55 million.

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About Citius Pharmaceuticals

Citius Pharmaceuticals, Inc is a specialty pharmaceutical company. The Company is engaged in the development and commercialization of critical care products targeting medical needs with a focus on anti-infective products, adjunctive cancer care, and prescription products. Its product candidates include Mino-Lok and Hydrocortisone-Lidocaine Cream.

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