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OTCMKTS:ELTP

Elite Pharmaceuticals (ELTP) Stock Price, News & Analysis

$0.31
+0.01 (+3.29%)
(As of 09/6/2024 ET)
Today's Range
$0.30
$0.33
50-Day Range
$0.17
$0.31
52-Week Range
$0.06
$0.33
Volume
3.07 million shs
Average Volume
1.09 million shs
Market Capitalization
$334.90 million
P/E Ratio
31.38
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. (OTCMKTS:ELTP) Short Interest Up 5.0% in August
You missed the class - here’s your second chance
It’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…
ELITE PHARMACEUTICALS INC
Intercontinental Exchange Inc (IC2.BE)
7 Strong Buy Penny Stocks to Buy Now: June 2024
You missed the class - here’s your second chance
It’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…
Elite Pharmaceuticals, Inc. (ELTP)
Elite Pharmaceuticals, Inc.
See More Headlines
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Company Calendar

Last Earnings
6/14/2018
Today
9/07/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
OTCMKTS:ELTP
Employees
40
Year Founded
N/A

Profitability

Net Income
$20.11 million
Pretax Margin
0.02%

Debt

Sales & Book Value

Annual Sales
$56.62 million
Cash Flow
$0.03 per share
Book Value
$0.05 per share

Miscellaneous

Outstanding Shares
1,068,273,000
Free Float
914,228,000
Market Cap
$334.90 million
Optionable
Not Optionable
Beta
0.18
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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 this year?

Elite Pharmaceuticals' stock was trading at $0.14 at the beginning of 2024. Since then, ELTP shares have increased by 123.9% and is now trading at $0.3135.
View the best growth stocks for 2024 here
.

How were Elite Pharmaceuticals' earnings last quarter?

Elite Pharmaceuticals, Inc. (OTCMKTS:ELTP) released its quarterly earnings results on Thursday, June, 14th. The specialty pharmaceutical company reported $0.00 earnings per share 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 40.72% and a net margin of 29.47%.

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.

What other stocks do shareholders of Elite Pharmaceuticals own?

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

This page (OTCMKTS:ELTP) was last updated on 9/7/2024 by MarketBeat.com Staff

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