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After finishing at $0.26 in the prior trading day, Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) closed at $0.23, down -11.43%. In other words, the price has decreased by -$11.43 from its previous closing price. On the day, 47.31 million shares were traded. TNXP stock price reached its highest trading level at $0.26 during the session, while it also had its lowest trading level at $0.225.
Ratios:
Our goal is to gain a better understanding of TNXP by taking a closer look at its different 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 42443628 and an Enterprise Value of 8208987. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.76 while its Price-to-Book (P/B) ratio in mrq is 0.48. 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 2.06, which has changed by -0.9719828 over the last 52 weeks, in comparison to a change of 0.23147523 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 -6.34%, while the 200-Day Moving Average is calculated to be -86.37%.
Shares Statistics:
The stock has traded on average 105.20M shares per day over the past 3-months and 78919900 shares per day over the last 10 days, according to various share statistics. 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 2.21% 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.
