Alert: Major Price Advance (1/8/24)-Delcath Systems Inc (NASDAQ: DCTH).

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Delcath Systems Inc (NASDAQ: DCTH) stock closed at $4.53 on 1/8/24 after a major increase of 10.3%. However, trading volume in this advance was exceptionally low at 16% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 8.8% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, DCTH is expected to be a major Value Eraser.

Delcath Systems is currently unrated.

Rating Review

The stock is currently unrated.

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