DCTH
Delcath Systems, Inc.
NasdaqCMUSDEQUITY
Healthcare
DELAYED
Last price
17.14
▲ 0.39 (2.33%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
16.75
Prev close
16.75
Day high
17.15
Day low
16.60
Volume
509.06K
Market cap
$594.74M
P/E (TTM)
1,714.00
52W range
8.12 – 17.42
Day trading desk
Gap from prior close
0.00%
Prior close 16.75
VWAP
16.96
+1.05% from price
Relative volume
0.58×
Quiet session
Session range
3.31%
16.60 – 17.15
Position in range
98%
Near session high
ATR (14D)
0.91
5.30% of price
Prior day high
17.15
PDH
Prior day low
16.61
PDL
Bid / ask spread
—
Quote not published
Session volume
334.50K
Avg 575.11K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+2.45%
+3.8%
1M
+37.89%
+34.2%
3M
+49.69%
+46.6%
6M
+75.26%
+64.2%
YTD
+69.70%
+57.4%
1Y
+65.92%
+45.9%
3Y
+216.82%
+142.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on DCTH open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
2.81M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 6, 26 | PENNELL SANDRA Chief Financial Officer |
BUY | 5.53K | $50.02K | Direct |
| Mar 2, 26 | MICHEL GERARD J Chief Executive Officer |
BUY | 11.20K | $100.31K | Direct |
| Nov 21, 25 | SYLVESTER JOHN RICHARD Director |
BUY | 4.39K | $38.99K | Direct |
| Nov 11, 25 | MICHEL GERARD J Chief Executive Officer |
BUY | 11.50K | $98.05K | Direct |
| Jun 12, 25 | VUKOVIC VOJISLAV Officer |
CONVERSION | 42.00K | $200.76K | Direct |
| May 5, 25 | AHARON GILAD S. Director |
CONVERSION | 400.00K | $4.00M | Indirect |
| May 5, 25 | ROSALIND ADVISORS, INC. Unknown |
CONVERSION | 400.00K | $4.00M | Indirect |
| May 5, 25 | SALAMON STEVEN A. J. Director |
CONVERSION | 400.00K | $4.00M | Indirect |
| Dec 24, 24 | ROSALIND ADVISORS, INC. Director |
CONVERSION | 250.00K | $2.50M | Indirect |
| Dec 24, 24 | SALAMON STEVEN A. J. Director |
CONVERSION | 250.00K | $2.50M | Indirect |
| Dec 24, 24 | AHARON GILAD S. Director |
CONVERSION | 250.00K | $2.50M | Indirect |
| Oct 22, 24 | MICHEL GERARD J Chief Executive Officer |
CONVERSION | 16.67K | $100.00K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
AHARON GILAD S. |
Director | — | Conversion of Exercise of derivative security |
MICHEL GERARD J |
Chief Executive Officer | 342.03K | Purchase |
PENNELL SANDRA |
Chief Financial Officer | 77.02K | Purchase |
ROSALIND ADVISORS, INC. |
Unknown | — | Conversion of Exercise of derivative security |
SALAMON STEVEN A. J. |
Director | — | Conversion of Exercise of derivative security |
SYLVESTER JOHN RICHARD |
Director | 14.94K | Purchase |
VUKOVIC VOJISLAV |
Officer | 168.88K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$594.74M
Enterprise value$501.30M
Revenue (TTM)$95.42M
Gross profit$83.06M
EBITDA$-1.46M
Net income$532.00K
EPS (TTM)$0.01
Free cash flow$18.12M
Total cash$95.90M
Total debt$2.46M
Book value / share$3.50
Shares outstanding34.70M
Float28.78M
Short % of float7.95%
Dividend yield—
Beta (5Y)0.52
Valuation & profitability ratios
Trailing P/E1,714.00
Forward P/E380.89
PEG ratio1.60
Price / sales—
Price / book4.90
EV / revenue5.25
EV / EBITDA-344.54
Gross margin87.05%
Operating margin8.22%
Profit margin0.56%
Return on equity0.47%
Return on assets-0.89%
Debt / equity2.03
Current ratio9.83
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $85.23M | $37.20M | $2.06M | $2.72M | +129.1% |
| Operating revenue | $85.23M | $37.20M | $2.06M | $2.55M | +129.1% |
| Cost of revenue | $11.80M | $6.19M | $635.00K | $686.00K | +90.6% |
| Gross profit | $73.43M | $31.02M | $1.43M | $2.03M | +136.8% |
| Research & development | $29.25M | $13.87M | $17.50M | $18.58M | +110.8% |
| Selling, general & admin | $43.53M | $29.55M | $22.11M | $17.30M | +47.3% |
| Total operating expense | $72.77M | $43.43M | $39.61M | $35.89M | +67.6% |
| Operating income | $660.00K | -$12.41M | -$38.18M | -$33.85M | +105.3% |
| Net interest income | $2.92M | $125.00K | -$1.44M | -$2.69M | +2,236.0% |
| Pre-tax income | $3.51M | -$26.39M | -$47.68M | -$36.51M | +113.3% |
| Tax provision | $810.00K | $0 | — | — | — |
| Net income | $2.70M | -$26.39M | -$47.68M | -$36.51M | +110.2% |
| Net income to common | $2.70M | -$26.39M | -$47.68M | -$36.51M | +110.2% |
| Basic EPS | 0.08 | -0.93 | -2.94 | -4.12 | +108.6% |
| Diluted EPS | 0.07 | -0.93 | -2.94 | -4.12 | +107.5% |
| EBIT | $660.00K | -$12.41M | -$38.18M | -$33.82M | +105.3% |
| EBITDA | $1.01M | -$12.18M | -$37.78M | -$33.69M | +108.3% |
| Basic shares | 35.82M | 28.51M | 16.23M | 16.23M | +25.6% |
| Diluted shares | 35.82M | 28.51M | 16.23M | 16.23M | +25.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $43.45M | $32.41M | $12.65M | $7.67M | — | +34.1% |
| Cash & short-term investments | $91.04M | $53.23M | $32.45M | $7.67M | — | +71.0% |
| Accounts receivable | $11.74M | $10.89M | $241.00K | $366.00K | — | +7.8% |
| Inventory | $10.25M | $6.93M | $3.32M | $2.00M | — | +47.9% |
| Total current assets | $119.53M | $73.76M | $37.16M | $16.16M | — | +62.1% |
| Property, plant & equipment | $4.10M | $2.83M | $1.46M | $1.71M | — | +45.0% |
| Total assets | $123.63M | $76.59M | $38.61M | $17.86M | — | +61.4% |
| Total current liabilities | $10.95M | $6.14M | $16.45M | $14.73M | — | +78.2% |
| Current debt | — | — | $10.15M | $7.85M | $621.00K | — |
| Long-term debt | — | — | — | $7.84M | $15.01M | — |
| Total debt | $936.00K | $1.04M | $10.19M | $15.87M | — | -9.8% |
| Total liabilities | $12.41M | $7.84M | $22.84M | $23.72M | — | +58.3% |
| Retained earnings | -$528.85M | -$531.55M | -$505.16M | -$457.48M | — | +0.5% |
| Shareholder equity | $111.22M | $68.75M | $15.78M | -$5.86M | — | +61.8% |
| Net tangible assets | $111.22M | $68.75M | $15.78M | -$5.86M | — | +61.8% |
| Shares issued | 34.69M | 33.06M | 22.76M | 10.05M | — | +4.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $2.70M | -$26.39M | -$47.68M | -$36.51M | +110.2% |
| Depreciation & amortisation | $349.00K | $229.00K | $399.00K | $132.00K | +52.4% |
| Stock-based compensation | $24.23M | $9.77M | $8.15M | $7.94M | +148.1% |
| Change in working capital | -$3.07M | -$15.52M | -$906.00K | $2.11M | +80.2% |
| Operating cash flow | $22.52M | -$18.68M | -$31.25M | -$24.95M | +220.5% |
| Capital expenditure | -$1.55M | -$559.00K | -$58.00K | -$209.00K | -176.7% |
| Investing cash flow | -$26.59M | -$981.00K | -$19.71M | -$209.00K | -2,610.5% |
| Share buybacks | -$6.00M | $0 | — | — | — |
| Financing cash flow | $15.05M | $39.41M | $51.78M | $10.14M | -61.8% |
| Free cash flow | $20.97M | -$19.24M | -$31.31M | -$25.16M | +209.0% |
| End cash position | $43.45M | $32.41M | $12.70M | $11.82M | +34.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $29.13M | $24.99M | $20.73M | $20.56M | $24.16M | +16.6% |
| Operating revenue | $29.13M | $24.99M | $20.73M | $20.56M | $24.16M | +16.6% |
| Cost of revenue | $2.98M | $3.74M | $3.01M | $2.62M | $3.32M | -20.1% |
| Gross profit | $26.15M | $21.26M | $17.72M | $17.94M | $20.84M | +23.0% |
| Research & development | $10.38M | $9.82M | $9.37M | $7.99M | $6.88M | +5.7% |
| Selling, general & admin | $13.37M | $13.07M | $10.53M | $10.34M | $11.37M | +2.3% |
| Total operating expense | $23.75M | $22.89M | $19.90M | $18.33M | $18.25M | +3.7% |
| Operating income | $2.40M | -$1.64M | -$2.18M | -$388.00K | $2.59M | +246.3% |
| Net interest income | $781.00K | $787.00K | $857.00K | $796.00K | $649.00K | -0.8% |
| Pre-tax income | $3.16M | -$908.00K | -$1.33M | $375.00K | $3.21M | +447.9% |
| Tax provision | $491.00K | $162.00K | $562.00K | -$455.00K | $508.00K | +203.1% |
| Net income | $2.67M | -$1.07M | -$1.90M | $830.00K | $2.70M | +349.3% |
| Net income to common | $2.67M | -$1.07M | -$1.90M | $830.00K | $2.70M | +349.3% |
| Basic EPS | 0.07 | -0.03 | -0.05 | 0.02 | 0.08 | +333.3% |
| Diluted EPS | 0.07 | -0.03 | -0.05 | 0.02 | 0.07 | +333.3% |
| EBIT | $2.40M | -$1.64M | -$2.18M | -$388.00K | $2.59M | +246.3% |
| EBITDA | $2.48M | -$1.51M | -$2.08M | -$242.00K | $2.62M | +264.6% |
| Basic shares | 35.89M | 36.02M | 36.45M | 36.38M | 35.79M | -0.4% |
| Diluted shares | 39.76M | 36.02M | 36.45M | 40.06M | 40.26M | +10.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $47.52M | $41.31M | $43.45M | $41.81M | $34.42M | +15.0% |
| Cash & short-term investments | $95.90M | $89.30M | $91.04M | $88.91M | $81.00M | +7.4% |
| Accounts receivable | $15.94M | $14.16M | $11.74M | $13.75M | $15.84M | +12.6% |
| Inventory | $11.71M | $9.81M | $10.25M | $10.74M | $10.52M | +19.4% |
| Total current assets | $130.54M | $120.27M | $119.53M | $120.61M | $113.48M | +8.5% |
| Property, plant & equipment | $6.48M | $4.57M | $4.10M | $3.68M | $3.39M | +41.9% |
| Total assets | $137.02M | $124.84M | $123.63M | $124.30M | $116.88M | +9.8% |
| Total current liabilities | $13.28M | $10.70M | $10.95M | $8.01M | $10.44M | +24.1% |
| Total debt | $2.46M | $907.00K | $936.00K | $965.00K | $993.00K | +171.6% |
| Total liabilities | $15.87M | $12.13M | $12.41M | $9.45M | $11.89M | +30.9% |
| Retained earnings | -$527.25M | -$529.92M | -$528.85M | -$526.95M | -$527.78M | +0.5% |
| Shareholder equity | $121.14M | $112.71M | $111.22M | $114.85M | $104.99M | +7.5% |
| Working capital | $117.26M | $109.57M | $108.58M | $112.60M | $103.05M | +7.0% |
| Net tangible assets | $121.14M | $112.71M | $111.22M | $114.85M | $104.99M | +7.5% |
| Shares issued | 34.64M | 34.47M | 34.69M | 35.31M | 34.83M | +0.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $2.67M | -$1.07M | -$1.90M | $830.00K | $2.70M | — | +349.3% |
| Depreciation & amortisation | $84.00K | $131.00K | $109.00K | $146.00K | $27.00K | — | -35.9% |
| Stock-based compensation | $5.12M | $4.95M | $4.51M | $5.65M | $7.21M | — | +3.5% |
| Change in working capital | -$1.81M | -$2.71M | $5.98M | -$1.32M | -$2.23M | — | +33.3% |
| Operating cash flow | $5.71M | $857.00K | $8.25M | $4.77M | $7.29M | — | +566.5% |
| Capital expenditure | -$503.00K | -$570.00K | -$550.00K | -$459.00K | -$398.00K | — | +11.8% |
| Investing cash flow | -$504.00K | -$571.00K | -$561.00K | -$466.00K | -$415.00K | — | +11.7% |
| Share buybacks | -$11.00K | -$3.00M | — | — | $0 | $0 | +99.6% |
| Financing cash flow | $962.00K | -$2.38M | -$5.94M | $3.10M | $14.64M | — | +140.4% |
| Free cash flow | $5.21M | $287.00K | $7.70M | $4.31M | $6.89M | — | +1,715.0% |
| End cash position | $47.52M | $41.31M | $43.45M | $41.81M | $34.42M | — | +15.0% |
Options analytics
Put / call volume
0.02
Call-heavy session
Put / call open interest
0.02
Positioning, not flow
Max pain
10.00
-41.7% from spot
ATM implied vol
51.7%
Nearest strike to spot
Skew (10% OTM)
+62.3%
Puts bid over calls
Call volume
163
Contracts, this expiry
Put volume
3
Contracts, this expiry
Heaviest call OI
12.50
212 contracts
Heaviest put OI
10.00
3 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.09 | 0.07 | +180.0% |
| Mar 2026 | -0.09 | -0.03 | +68.1% |
| Dec 2025 | -0.03 | -0.05 | -56.3% |
| Sep 2025 | -0.09 | 0.02 | +122.2% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.07 | 4 | $25.84M | — |
| Next quarter | -0.12 | 4 | $26.24M | +26.6% |
| Current year | -0.14 | 4 | $106.21M | +24.6% |
| Next year | 0.05 | 4 | $131.98M | +24.3% |
Analyst targets & ownership
Mean target$24.00
High target$32.00
Low target$21.00
Implied upside40.02%
Analyst count5
ConsensusNONE
Strong buy / Buy1 / 4
Hold0
Sell / Strong sell0 / 0
Held by insiders8.09%
Held by institutions51.78%
Institutions holding174
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
17.00
+0.80% from price
SMA 20
14.94
+14.74% from price
SMA 50
13.52
+26.75% from price
SMA 100
12.14
+41.23% from price
SMA 200
10.87
+57.67% from price
EMA 12
16.30
+5.13% from price
EMA 26
15.08
+13.65% from price
EMA 50
13.91
+23.24% from price
RSI (14)
68.2
Neutral
MACD (12,26,9)
1.22
Hist 0.13
ATR (14)
0.91
5.30% of price
Realised vol 30D
74.0%
Annualised
Bollinger upper
19.48
20, 2σ
Bollinger lower
10.40
20, 2σ
50 / 200 cross
Golden
13.52 vs 10.87
Trend bias
Above 200
+57.67%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.36
More volatile than market
Correlation to SPY
0.33
Loosely linked
Realised vol 30D
74.0%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-33.7%
Peak to trough
Max drawdown 5Y
-80.8%
Peak to trough
ATR 14
0.91
5.30% of price
Beta (reported)
0.52
5Y monthly, from filing
Short interest
Shares short
2.53M
Prior 2.87M
Change vs prior
-11.7%
Shorts covering
% of float
7.95%
Normal
% of shares out
7.30%
Against total outstanding
Days to cover
7.1
Crowded exit
Float
28.78M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 7, 26 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Aug 6, 26 | BTIG | MAINTAINED | Buy | Buy |
| Feb 26, 26 | BTIG | MAINTAINED | Buy | Buy |
| Jan 9, 26 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Nov 5, 25 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| Nov 4, 25 | BTIG | MAINTAINED | Buy | Buy |
| Oct 21, 25 | Canaccord Genuity | MAINTAINED | Buy | Buy |
| Oct 20, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Aug 7, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Jun 23, 25 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| May 23, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Mar 7, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate—
Forward yield—
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay dateDec 24, 2019
Last split1:700
Split dateDec 24, 2019
SEC filings
Offering Registrations
S-8 · 2026-08-14
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-05-14
Periodic Financial Reports
10-Q · 2026-05-07
Proxy Statements
DEFA14A · 2026-04-02
Corporate Changes & Voting Matters
8-K · 2026-03-03
Corporate Changes & Voting Matters
8-K · 2026-02-26
Corporate Changes & Voting Matters
8-K · 2026-01-12
Headlines
Delcath Systems (DCTH) Is a Great Choice for 'Trend' Investors, Here's Why
Zacks · 11d ago
Here's Why Delcath Systems, Inc. (DCTH) is a Great Momentum Stock to Buy
Zacks · 12d ago
Does Delcath Systems (DCTH) Have the Potential to Rally 42.77% as Wall Street Analysts Expect?
Zacks · 12d ago
These Two Stocks Hit Fresh 52-Week Highs Today – DCTH Clocks Best Day In Nearly 15 Months
Stocktwits · 17d ago
Delcath Systems Q2 Earnings Call Highlights
MarketBeat · 17d ago
Delcath Systems, Inc. (DCTH) Tops Q2 Earnings and Revenue Estimates
Zacks · 17d ago
Delcath Systems Reports Second Quarter 2026 Results and Business Highlights
Business Wire · 17d ago
Orthofix (OFIX) Q2 Earnings and Revenues Surpass Estimates
Zacks · 18d ago
PRIVATE STRATEGY · BY QUALIFICATION
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