Metric Deep Dive: Understanding Soligenix Inc (SNGX) Through its Ratios

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After finishing at $1.41 in the prior trading day, Soligenix Inc (NASDAQ: SNGX) closed at $1.26, down -10.64%. In other words, the price has decreased by -$10.64 from its previous closing price. On the day, 0.91 million shares were traded. SNGX stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.2.

Ratios:

Our goal is to gain a better understanding of SNGX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 4113081 and an Enterprise Value of -2941752. Its current Enterprise Value per Revenue stands at -1256.086 whereas that against EBITDA is 0.277.

Stock Price History:

The Beta on a monthly basis for SNGX is 1.85, which has changed by -0.4028436 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, SNGX has reached a high of $14.83, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is -31.11%, while the 200-Day Moving Average is calculated to be -53.00%.

Shares Statistics:

The stock has traded on average 901.03K shares per day over the past 3-months and 5205410 shares per day over the last 10 days, according to various share statistics. A total of 3.26M shares are outstanding, with a floating share count of 3.26M. Insiders hold about 0.03% of the company’s shares, while institutions hold 4.46% stake in the company. Shares short for SNGX as of 1749772800 were 24668 with a Short Ratio of 0.03, compared to 1747267200 on 70765. Therefore, it implies a Short% of Shares Outstanding of 24668 and a Short% of Float of 0.76.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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