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.
In the latest session, Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) closed at $0.24 up 0.21% from its previous closing price of $0.23. In other words, the price has increased by $0.21 from its previous closing price. On the day, 38.6 million shares were traded. TNXP stock price reached its highest trading level at $0.2456 during the session, while it also had its lowest trading level at $0.2206.
Ratios:
For a deeper understanding of Tonix Pharmaceuticals Holding Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.78 and its Current Ratio is at 3.33. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.08.
On April 18, 2019, ROTH Capital Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $4.
ROTH Capital Upgraded its Neutral to Buy on August 18, 2017, while the target price for the stock was maintained at $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TNXP now has a Market Capitalization of 44013536 and an Enterprise Value of 8208987. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.90 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 0.659 whereas that against EBITDA is -0.09.
Stock Price History:
The Beta on a monthly basis for TNXP is 2.05, which has changed by -0.975 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, TNXP has reached a high of $12.48, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -5.04%, while the 200-Day Moving Average is calculated to be -85.08%.
Shares Statistics:
For the past three months, TNXP has traded an average of 107.16M shares per day and 65546130 over the past ten days. A total of 186.89M shares are outstanding, with a floating share count of 186.89M. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.24% stake in the company. Shares short for TNXP as of 1730332800 were 7670373 with a Short Ratio of 0.07, compared to 1727654400 on 8291753. Therefore, it implies a Short% of Shares Outstanding of 7670373 and a Short% of Float of 5.48.
