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The closing price of Scynexis Inc (NASDAQ: SCYX) was $0.6 for the day, down -5.48% from the previous closing price of $0.63. In other words, the price has decreased by -$5.48 from its previous closing price. On the day, 0.59 million shares were traded. SCYX stock price reached its highest trading level at $0.6463 during the session, while it also had its lowest trading level at $0.585.
Ratios:
Our analysis of SCYX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.75 and its Current Ratio is at 5.75. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Guggenheim on January 22, 2021, initiated with a Buy rating and assigned the stock a target price of $25.
On January 06, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $30.
Needham Upgraded its Hold to Buy on July 11, 2018, while the target price for the stock was maintained at $5.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 18 ’24 when Federated Hermes Kaufmann Fund bought 4,709 shares for $1.23 per share.
Federated Hermes Kaufmann Smal bought 128,957 shares of SCYX for $158,617 on Dec 18 ’24. On Dec 18 ’24, another insider, Federated Hermes Kaufmann Fund, who serves as the 10% Owner of the company, bought 166,334 shares for $1.23 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCYX now has a Market Capitalization of 25004036 and an Enterprise Value of -15941362. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.53 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at -4.894.
Stock Price History:
The Beta on a monthly basis for SCYX is 1.37, which has changed by -0.5183206 over the last 52 weeks, in comparison to a change of 0.13355756 over the same period for the S&P500. Over the past 52 weeks, SCYX has reached a high of $1.49, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -30.82%, while the 200-Day Moving Average is calculated to be -32.92%.
Shares Statistics:
SCYX traded an average of 430.38K shares per day over the past three months and 464690 shares per day over the past ten days. A total of 41.96M shares are outstanding, with a floating share count of 39.74M. Insiders hold about 5.22% of the company’s shares, while institutions hold 24.34% stake in the company. Shares short for SCYX as of 1760486400 were 1089750 with a Short Ratio of 2.53, compared to 1757894400 on 674367. Therefore, it implies a Short% of Shares Outstanding of 1089750 and a Short% of Float of 3.25.
Earnings Estimates
Currently, 3.0 analysts are dedicated to thoroughly evaluating and rating the performance of Scynexis Inc (SCYX) in the stock market.The consensus estimate for the next quarter is $0.11, with high estimates of $0.27 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.18 and -$0.61 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is -$0.06, with 3.0 analysts recommending between $1.03 and -$0.6.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for SCYX’s current fiscal year. The highest revenue estimate was $26.36M, while the lowest revenue estimate was $1.62M, resulting in an average revenue estimate of $17.2M. In the same quarter a year ago, actual revenue was $3.75MBased on 3 analysts’ estimates, the company’s revenue will be $25.75M in the next fiscal year. The high estimate is $75.62M and the low estimate is $394k.
