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Catalyst Pharmaceuticals Stock Bearish Momentum With A 29% Drop In The Last 10 Sessions

(VIANEWS) – Shares of Catalyst Pharmaceuticals (NASDAQ: CPRX) slid by a staggering 29.29% in 10 sessions from $17.21 at 2023-05-05, to $12.17 at 17:21 EST on Friday, following the last session’s downward trend. NASDAQ is sliding 0.24% to $12,657.90, after two successive sessions in a row of gains.

Catalyst Pharmaceuticals’s last close was $12.20, 44.82% under its 52-week high of $22.11.

About Catalyst Pharmaceuticals

Catalyst Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on developing and commercializing therapies for people with rare debilitating, chronic neuromuscular, and neurological diseases in the United States. It offers Firdapse, an amifampridine phosphate tablets for the treatment of patients with lambert-eaton myasthenic syndrome (LEMS); and Ruzurgi for the treatment of pediatric LEMS patients. The company develops Firdapse for the treatment of MuSK antibody positive myasthenia gravis and spinal muscular atrophy type. It has license agreements with BioMarin Pharmaceutical Inc.; and collaboration and license agreement with Endo Ventures Limited for the development and commercialization of generic Sabril tablets. Catalyst Pharmaceuticals, Inc. was founded in 2002 and is based in Coral Gables, Florida.

Earnings Per Share

As for profitability, Catalyst Pharmaceuticals has a trailing twelve months EPS of $0.7.

PE Ratio

Catalyst Pharmaceuticals has a trailing twelve months price to earnings ratio of 17.39. Meaning, the purchaser of the share is investing $17.39 for every dollar of annual earnings.

More news about Catalyst Pharmaceuticals (CPRX).

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