Delcath Systems, Inc. (DCTH) is a Great Momentum Stock: Should You Buy?

Core Viewpoint - Delcath Systems, Inc. (DCTH) is identified as a promising momentum stock, currently holding a Zacks Rank of 2 (Buy) and a Momentum Style Score of B, indicating potential for near-term price increases [2][6]. Company Performance - DCTH shares have increased by 65.71% over the past quarter and 63.03% over the last year, significantly outperforming the S&P 500, which has moved 10% and 27.2% respectively during the same periods [4]. - The stock has shown a weekly increase of 1.38%, while the Zacks Medical - Instruments industry has risen by 3.36% in the same timeframe [10]. Earnings Outlook - Over the past two months, one earnings estimate for DCTH has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from -$1.45 to -$1.31 for the full year [14]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [14]. Trading Volume - DCTH's average 20-day trading volume is 241,497 shares, which serves as a useful indicator for assessing price movements and market interest [13].