Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Soligenix Inc (NASDAQ: SNGX) closed the day trading at $1.83 down -6.15% from the previous closing price of $1.95. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 0.86 million shares were traded. SNGX stock price reached its highest trading level at $2.0 during the session, while it also had its lowest trading level at $1.83.
Ratios:
For a better understanding of SNGX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.16.
On January 31, 2018, H.C. Wainwright Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $5.50 to $2.70.
Maxim Group reiterated its Buy rating for the stock on August 14, 2017, while the target price for the stock was revised from $4 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNGX now has a Market Capitalization of 7842593 and an Enterprise Value of 3156326.
Stock Price History:
The Beta on a monthly basis for SNGX is 2.02, which has changed by -0.52467537 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, SNGX has reached a high of $6.23, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is -29.27%, while the 200-Day Moving Average is calculated to be -20.67%.
Shares Statistics:
Over the past 3-months, SNGX traded about 11.10M shares per day on average, while over the past 10 days, SNGX traded about 1057470 shares per day. A total of 4.29M shares are outstanding, with a floating share count of 4.28M. Insiders hold about 0.03% of the company’s shares, while institutions hold 4.43% stake in the company. Shares short for SNGX as of 1756425600 were 198337 with a Short Ratio of 0.02, compared to 1753920000 on 339125. Therefore, it implies a Short% of Shares Outstanding of 198337 and a Short% of Float of 4.63.
Earnings Estimates
Investors are keenly observing as 1.0 analysts analyze and rate. The current performance of Soligenix Inc (SNGX) in the stock market.The consensus estimate for the next quarter is -$0.47, with high estimates of -$0.47 and low estimates of -$0.47.
Analysts are recommending an EPS of between -$2.6 and -$2.6 for the fiscal current year, implying an average EPS of -$2.6. EPS for the following year is -$1.3, with 1.0 analysts recommending between -$1.3 and -$1.3.
