Leonard L. Mazur Buys 421,400 Shares of Citius Pharmaceuticals Inc (NASDAQ:CTXR) Stock

Citius Pharmaceuticals Inc (NASDAQ:CTXR) insider Leonard L. Mazur acquired 421,400 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were purchased at an average cost of $4.13 per share, with a total value of $1,740,382.00. Following the completion of the purchase, the insider now directly owns 1,779,663 shares of the company’s stock, valued at $7,350,008.19. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Citius Pharmaceuticals Inc (NASDAQ:CTXR) opened at 2.91 on Friday. The stock’s market capitalization is $14.65 million. Citius Pharmaceuticals Inc has a 1-year low of $2.75 and a 1-year high of $25.65. The firm’s 50-day moving average is $6.44 and its 200 day moving average is $6.34.

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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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