OTCMKTS:ELTP

Elite Pharmaceuticals (ELTP) Stock Price, News & Analysis

$0.13
0.00 (0.00%)
(As of 04/24/2024 ET)
Today's Range
$0.12
$0.13
50-Day Range
$0.12
$0.19
52-Week Range
$0.03
$0.21
Volume
1.12 million shs
Average Volume
1.23 million shs
Market Capitalization
$134.92 million
P/E Ratio
12.64
Dividend Yield
N/A
Price Target
N/A
ELTP stock logo

About Elite Pharmaceuticals Stock (OTCMKTS:ELTP)

Elite Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the development, manufacture, and sale of oral, controlled-release products, and generic pharmaceuticals. The company operates in two segments, Abbreviated New Drug Applications for Generic Pharmaceuticals and New Drug Applications for Branded Pharmaceuticals. It owns, licenses, manufactures, and sells various generic and oral dose pharmaceuticals products, such as Phentermine HCl 37.5mg tablets, and 15mg and 30mg capsules for the treatment of bariatrics under Adipex-P brand; Phendimetrazine Tartrate 35mg tablets for bariatrics under the Bontril brand; Naltrexone HCl 50mg tablets for the treatment of pains under the Revia brand; and Isradipine 2.5mg and 5mg capsules for cardiovascular diseases. The company also provides Trimipramine Maleate Immediate Release antidepressant capsules under the Surmontil brand; Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate, and Amphetamine Sulfate Immediate Release tablets under the Adderall brand, as well as Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate, Amphetamine Sulfate Extended Release capsules under the Adderall XR brand for central nervous system diseases; Dantrolene Sodium capsules for muscle relaxant under the Dantrium brand; SequestOX, an immediate release Oxycodone with Naltrexone; Loxapine Succinate capsules for treating antipsychotic under the Loxapine brand; Acetaminophen and Codeine Phosphate for the management of mild to moderate pain; and antibiotic products. In addition, it manufactures controlled-release products on a contract basis for third parties in the areas of pain, allergy, bariatric, attention deficit, and infection. Further, the company is developing a range of abuse deterrent opioid products. Elite Pharmaceuticals, Inc. was incorporated in 1997 and is headquartered in Northvale, New Jersey.

ELTP Stock Price History

ELTP Stock News Headlines

Elite Pharmaceuticals, Inc. (ELTP)
Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
Elite Pharmaceuticals, Inc.
Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
Elite Pharmaceuticals Inc ELTP
Elite Pharmaceuticals reports Q3 results
Elite Pharmaceuticals reports Q1 results
See More Headlines
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Company Calendar

Last Earnings
6/14/2018
Today
4/25/2024
Next Earnings (Estimated)
6/29/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
OTCMKTS:ELTP
Employees
53
Year Founded
N/A

Profitability

Net Income
$3.56 million
Pretax Margin
-5.04%

Debt

Sales & Book Value

Annual Sales
$34.15 million
Cash Flow
$0.00 per share
Book Value
$0.03 per share

Miscellaneous

Outstanding Shares
1,068,270,000
Free Float
914,228,000
Market Cap
$134.92 million
Optionable
Not Optionable
Beta
-0.16
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Key Executives

  • Mr. Nasrat Hakim (Age 63)
    Chairman, CEO & President
    Comp: $1.08M
  • Mr. Douglas Plassche (Age 60)
    Executive Vice President of Operations
    Comp: $540.56k
  • Mr. Kirko Kirkov
    Chief Commercial Officer
  • Mr. Carter J. Ward CPA (Age 60)
    CSCP, Chief Financial Officer
    Comp: $226.2k
  • Ms. Dianne Will
    Vice President of Investor Relations & Corporate Affairs
  • Dr. George Kenneth Smith J.D.
    M.B.A., Ph.D., Vice President of Legal

ELTP Stock Analysis - Frequently Asked Questions

How have ELTP shares performed in 2024?

Elite Pharmaceuticals' stock was trading at $0.14 at the beginning of 2024. Since then, ELTP shares have decreased by 9.8% and is now trading at $0.1263.
View the best growth stocks for 2024 here
.

Are investors shorting Elite Pharmaceuticals?

Elite Pharmaceuticals saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,555,700 shares, a drop of 7.7% from the March 15th total of 1,684,700 shares. Based on an average trading volume of 1,083,800 shares, the days-to-cover ratio is currently 1.4 days.
View Elite Pharmaceuticals' Short Interest
.

When is Elite Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Saturday, June 29th 2024.
View our ELTP earnings forecast
.

How were Elite Pharmaceuticals' earnings last quarter?

Elite Pharmaceuticals, Inc. (OTCMKTS:ELTP) released its earnings results on Thursday, June, 14th. The specialty pharmaceutical company reported $0.00 EPS for the quarter. The specialty pharmaceutical company earned $1.60 million during the quarter. Elite Pharmaceuticals had a trailing twelve-month return on equity of 41.32% and a net margin of 32.87%.

What other stocks do shareholders of Elite Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Elite Pharmaceuticals investors own include Research Frontiers (REFR), Co-Diagnostics (CODX), Novavax (NVAX), iBio (IBIO), Ascent Solar Technologies (ASTI), Inovio Pharmaceuticals (INO), Selecta Biosciences (SELB), SANUWAVE Health (SNWV) and Sierra Oncology (SRRA).

How do I buy shares of Elite Pharmaceuticals?

Shares of ELTP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ELTP) was last updated on 4/25/2024 by MarketBeat.com Staff

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