Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Unicycive Therapeutics Inc (NASDAQ: UNCY) was $0.55 for the day, up 3.30% from the previous closing price of $0.53. In other words, the price has increased by $3.30 from its previous closing price. On the day, 0.88 million shares were traded. UNCY stock price reached its highest trading level at $0.568 during the session, while it also had its lowest trading level at $0.503.
Ratios:
Our analysis of UNCY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Piper Sandler on April 04, 2024, initiated with a Overweight rating and assigned the stock a target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNCY now has a Market Capitalization of 65550456 and an Enterprise Value of 40089472.
Stock Price History:
The Beta on a monthly basis for UNCY is 2.12, which has changed by -0.51929826 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, UNCY has reached a high of $1.35, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -4.97%, while the 200-Day Moving Average is calculated to be 5.49%.
Shares Statistics:
UNCY traded an average of 1.02M shares per day over the past three months and 1635200 shares per day over the past ten days. A total of 113.84M shares are outstanding, with a floating share count of 99.26M. Insiders hold about 17.08% of the company’s shares, while institutions hold 53.77% stake in the company. Shares short for UNCY as of 1743379200 were 1713889 with a Short Ratio of 1.67, compared to 1740700800 on 1399359. Therefore, it implies a Short% of Shares Outstanding of 1713889 and a Short% of Float of 1.52.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
