Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Soligenix Inc (NASDAQ: SNGX) closed the day trading at $0.41 down -5.85% from the previous closing price of $0.43. In other words, the price has decreased by $-5.85 from its previous closing price. On the day, 0.63 million shares were traded. SNGX stock price reached its highest trading level at $0.425 during the session, while it also had its lowest trading level at $0.395.
Ratios:
For a better understanding of SNGX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 0.44.
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 4270801 and an Enterprise Value of -415564. Its current Enterprise Value per Revenue stands at -0.495 whereas that against EBITDA is 0.054.
Stock Price History:
The Beta on a monthly basis for SNGX is 1.91, which has changed by -0.7207792 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, SNGX has reached a high of $4.20, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is -35.30%, while the 200-Day Moving Average is calculated to be -31.22%.
Shares Statistics:
Over the past 3-months, SNGX traded about 2.61M shares per day on average, while over the past 10 days, SNGX traded about 15895300 shares per day. A total of 10.52M shares are outstanding, with a floating share count of 10.49M. Insiders hold about 0.34% of the company’s shares, while institutions hold 3.60% stake in the company. Shares short for SNGX as of 1711584000 were 115800 with a Short Ratio of 0.04, compared to 1709164800 on 354487. Therefore, it implies a Short% of Shares Outstanding of 115800 and a Short% of Float of 1.0999999999999999.
Earnings Estimates
At present, TD SYNNEX Corporation analysts are actively evaluating the performance of Soligenix Inc (SNGX) in the stock market.The consensus estimate for the next quarter is $0.41, with high estimates of $67.64 and low estimates of $20.96.
