Delcath Systems Inc has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on April 09, 2014 with the ratio of 1-for-16, meaning that for 16 shares of DCTH owned pre-split, shareholders then owned 1 share. 5 more splits have been implemented since then. The most recent stock split took place on December 24, 2019 on a 1-for-700 basis.
These splits have increased DCTH stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Delcath Systems Inc's total market capitalization.
For more detailed information of Delcath Systems Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Delcath Systems Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when DCTH stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Delcath Systems Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
