Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Citius Pharmaceuticals (CTXR) Stock Price
Press coverage about Citius Pharmaceuticals (NASDAQ:CTXR) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Citius Pharmaceuticals earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.02053539045 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Citius Pharmaceuticals (CTXR) opened at $4.77 on Tuesday. Citius Pharmaceuticals has a 52 week low of $2.55 and a 52 week high of $14.85.
In related news, insider Leonard L. Mazur acquired 11,000 shares of Citius Pharmaceuticals stock in a transaction on Thursday, August 24th. The stock was acquired at an average price of $2.68 per share, for a total transaction of $29,480.00. Following the purchase, the insider now owns 3,337,730 shares of the company’s stock, valued at approximately $8,945,116.40. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
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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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