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After finishing at $0.58 in the prior trading day, Scynexis Inc (NASDAQ: SCYX) closed at $0.6, up 1.78%. In other words, the price has increased by $1.78 from its previous closing price. On the day, 0.19 million shares were traded. SCYX stock price reached its highest trading level at $0.6087 during the session, while it also had its lowest trading level at $0.5802.
Ratios:
Our goal is to gain a better understanding of SCYX by taking a closer look at its different ratios. 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 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.
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 24973404 and an Enterprise Value of -10670594. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.52 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at -3.639.
Stock Price History:
The Beta on a monthly basis for SCYX is 1.34, which has changed by -0.42647058 over the last 52 weeks, in comparison to a change of 0.14446163 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 $0.56. The 50-Day Moving Average of the stock is -10.22%, while the 200-Day Moving Average is calculated to be -27.28%.
Shares Statistics:
The stock has traded on average 566.93K shares per day over the past 3-months and 513620 shares per day over the last 10 days, according to various share statistics. A total of 41.96M shares are outstanding, with a floating share count of 39.99M. Insiders hold about 4.72% of the company’s shares, while institutions hold 28.88% stake in the company. Shares short for SCYX as of 1764288000 were 1156288 with a Short Ratio of 2.04, compared to 1761868800 on 1068070. Therefore, it implies a Short% of Shares Outstanding of 1156288 and a Short% of Float of 3.44.
Earnings Estimates
A comprehensive evaluation of Scynexis Inc (SCYX) is underway, with the input of 3.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.14 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.14 and -$0.6 for the fiscal current year, implying an average EPS of -$0.31. 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 $26.25M, while the lowest revenue estimate was $1.62M, resulting in an average revenue estimate of $9.94M. 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.
