Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Soleno Therapeutics Inc (NASDAQ: SLNO) closed the day trading at $63.27 up 7.16% from the previous closing price of $59.04. In other words, the price has increased by $7.16 from its previous closing price. On the day, 3.1 million shares were traded. SLNO stock price reached its highest trading level at $65.3 during the session, while it also had its lowest trading level at $57.04.
Ratios:
For a better understanding of SLNO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.68 and its Current Ratio is at 15.68. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.21.
On December 02, 2024, Stifel reiterated its Buy ratingand also kept the price unchanged to $74.
Robert W. Baird reiterated its Outperform rating for the stock on December 02, 2024, and also maintained the target price at $72.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 01 ’25 when Hirano Patricia C sold 3,782 shares for $70.11 per share. The transaction valued at 265,156 led to the insider holds 27,036 shares of the business.
PATRICIA HIRANO bought 3,782 shares of SLNO for $265,156 on Apr 01 ’25. On Mar 28 ’25, another insider, Pauls Matthew, who serves as the Director of the company, sold 5,937 shares for $71.55 each. As a result, the insider received 424,797 and left with 6,500 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLNO now has a Market Capitalization of 2901391360 and an Enterprise Value of 2855838976.
Stock Price History:
The Beta on a monthly basis for SLNO is -2.17, which has changed by 0.6227238 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, SLNO has reached a high of $74.00, while it has fallen to a 52-week low of $36.61. The 50-Day Moving Average of the stock is 21.38%, while the 200-Day Moving Average is calculated to be 26.84%.
Shares Statistics:
Over the past 3-months, SLNO traded about 1.09M shares per day on average, while over the past 10 days, SLNO traded about 3896780 shares per day. A total of 45.70M shares are outstanding, with a floating share count of 35.80M. Insiders hold about 21.94% of the company’s shares, while institutions hold 90.92% stake in the company. Shares short for SLNO as of 1741910400 were 4987722 with a Short Ratio of 4.58, compared to 1739491200 on 4540445. Therefore, it implies a Short% of Shares Outstanding of 4987722 and a Short% of Float of 16.11.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
