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After finishing at $0.47 in the prior trading day, Unicycive Therapeutics Inc (NASDAQ: UNCY) closed at $0.44, down -6.99%. In other words, the price has decreased by -$6.99 from its previous closing price. On the day, 3.6 million shares were traded. UNCY stock price reached its highest trading level at $0.4638 during the session, while it also had its lowest trading level at $0.4216.
Ratios:
Our goal is to gain a better understanding of UNCY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71.
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, Piper Sandler on April 04, 2024, initiated with a Overweight rating and assigned the stock a target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNCY now has a Market Capitalization of 41182632 and an Enterprise Value of 14481311.
Stock Price History:
The Beta on a monthly basis for UNCY is 2.33, which has changed by -0.6488 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, UNCY has reached a high of $1.82, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -42.71%, while the 200-Day Moving Average is calculated to be -52.33%.
Shares Statistics:
The stock has traded on average 814.56K shares per day over the past 3-months and 1728750 shares per day over the last 10 days, according to various share statistics. A total of 85.68M shares are outstanding, with a floating share count of 63.30M. Insiders hold about 26.12% of the company’s shares, while institutions hold 21.53% stake in the company. Shares short for UNCY as of 1719532800 were 1469576 with a Short Ratio of 1.80, compared to 1717113600 on 1050570. Therefore, it implies a Short% of Shares Outstanding of 1469576 and a Short% of Float of 4.79.
