Cytosorbents Corp Director Sells $51,453 in Stock (CTSO)
Cytosorbents Corp (NASDAQ:CTSO) Director James T. Gunton unloaded 214,387 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $0.24, for a total transaction of $51,452.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Cytosorbents Corp (NASDAQ:CTSO) traded down 0.04% on Tuesday, hitting $0.2299. 1,068,800 shares of the company’s stock traded hands. Cytosorbents Corp has a 52-week low of $0.09 and a 52-week high of $0.35. The stock has a 50-day moving average of $0.2 and a 200-day moving average of $0.24. The company’s market cap is $71.4 million.
Cytosorbents Corp (NASDAQ:CTSO) last announced its earnings results on Tuesday, August 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). On average, analysts predict that Cytosorbents Corp will post $-0.03 earnings per share for the current fiscal year.
Separately, analysts at HC Wainwright initiated coverage on shares of Cytosorbents Corp in a research note on Monday, August 18th. They set a “buy” rating and a $1.00 price target on the stock.
CytoSorbents Corporation is a development stage critical care focused company using blood purification to treat life-threatening illnesses.
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