In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Syndax Pharmaceuticals Inc (NASDAQ: SNDX) closed the day trading at $12.53 down -6.63% from the previous closing price of $13.42. In other words, the price has decreased by -$6.63 from its previous closing price. On the day, 1.81 million shares were traded.
Ratios:
For a better understanding of SNDX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.82 and its Current Ratio is at 5.82. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.16.
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, UBS on October 24, 2024, initiated with a Buy rating and assigned the stock a target price of $37.
On June 28, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $37.
Scotiabank Downgraded its Sector Outperform to Sector Perform on January 31, 2024, whereas the target price for the stock was revised from $36 to $23.
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 Mar 04 ’25 when Metzger Michael A sold 7,814 shares for $15.05 per share. The transaction valued at 117,564 led to the insider holds 300,121 shares of the business.
MICHAEL METZGER bought 13,888 shares of SNDX for $214,986 on Mar 04 ’25. On Feb 10 ’25, another insider, Goldan Keith A., who serves as the Chief Financial Officer of the company, sold 3,777 shares for $15.50 each. As a result, the insider received 58,559 and left with 90,746 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 45.52 while its Price-to-Book (P/B) ratio in mrq is 3.73.
Stock Price History:
Over the past 52 weeks, SNDX has reached a high of $25.16, while it has fallen to a 52-week low of $12.06. The 50-Day Moving Average of the stock is -12.09%, while the 200-Day Moving Average is calculated to be -30.40%.
Shares Statistics:
A total of 85.69M shares are outstanding, with a floating share count of 84.15M. Insiders hold about 2.18% of the company’s shares, while institutions hold 111.95% stake in the company.
