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Catalent Stock Is 26% Down So Far Today

(VIANEWS) – Shares of Catalent (NYSE: CTLT) slid by a staggering 26.46% to $46.56 at 11:23 EST on Friday, after five consecutive sessions in a row of losses. NYSE is falling 0.19% to $15,601.73, following the last session’s upward trend. This seems, as yet, a somewhat bearish trend trading session today.

Catalent’s last close was $63.31, 45.11% under its 52-week high of $115.33.

About Catalent

Catalent, Inc., together with its subsidiaries, develops and manufactures solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products worldwide. The Softgel and Oral Technologies segment provides formulation, development, and manufacturing services for soft capsules for use in a range of customer products, such as prescription drugs, over-the-counter medications, dietary supplements, unit-dose cosmetics, and animal health medicinal preparations. The Biologics segment provides biologic cell-line; develops and manufactures cell therapy and viral based gene therapy; formulation, development, and manufacturing for parenteral dose forms, including vials, prefilled syringes, vials, and cartridges; and analytical development and testing services. The Oral and Specialty Delivery segment offers formulation, development, and manufacturing across a range of technologies along with integrated downstream clinical development and commercial supply solutions. This segment also offers oral delivery solutions platform comprising pre-clinical screening, formulation, analytical development, and current good manufacturing practices services. The Clinical Supply Services segment offers manufacturing, packaging, storage, distribution, and inventory management for drugs and biologics, and cell and gene therapies in clinical trials. The company also offers FlexDirect direct-to-patient and FastChain demand-led clinical supply services. It serves pharmaceutical, biotechnology, and consumer health companies; and companies in other healthcare market segments, such as animal health and medical devices, as well as in cosmetics industries. The company was incorporated in 2007 and is headquartered in Somerset, New Jersey.

Earnings Per Share

As for profitability, Catalent has a trailing twelve months EPS of $2.2.

PE Ratio

Catalent has a trailing twelve months price to earnings ratio of 21.16. Meaning, the purchaser of the share is investing $21.16 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.73%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 30.8% and positive 20.2% for the next.

Moving Average

Catalent’s value is way under its 50-day moving average of $63.38 and way under its 200-day moving average of $74.92.

More news about Catalent (CTLT).

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