Financial Health Check: Examining 60 Degrees Pharmaceuticals Inc (SXTP)’s Key Ratios

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

60 Degrees Pharmaceuticals Inc (NASDAQ: SXTP) closed the day trading at $0.24 up 5.36% from the previous closing price of $0.23. In other words, the price has increased by $5.36 from its previous closing price. On the day, 12.37 million shares were traded. SXTP stock price reached its highest trading level at $0.282 during the session, while it also had its lowest trading level at $0.2315.

Ratios:

For a better understanding of SXTP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.77 and its Current Ratio is at 7.16. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

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 Jan 31 ’24 when XU CHERYL bought 200,000 shares for $0.38 per share. The transaction valued at 75,000 led to the insider holds 424,934 shares of the business.

DOW GEOFFREY S bought 25,974 shares of SXTP for $9,740 on Jan 31 ’24. The President and CEO now owns 703,599 shares after completing the transaction at $0.38 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SXTP now has a Market Capitalization of 2973406 and an Enterprise Value of 10004868. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.83. Its current Enterprise Value per Revenue stands at 26.454 whereas that against EBITDA is -1.822.

Stock Price History:

The Beta on a monthly basis for SXTP is 4.61, which has changed by -0.9478632 over the last 52 weeks, in comparison to a change of 0.24704397 over the same period for the S&P500. Over the past 52 weeks, SXTP has reached a high of $8.65, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -7.22%, while the 200-Day Moving Average is calculated to be -50.29%.

Shares Statistics:

Over the past 3-months, SXTP traded about 481.61K shares per day on average, while over the past 10 days, SXTP traded about 1378230 shares per day. A total of 12.21M shares are outstanding, with a floating share count of 9.30M. Insiders hold about 23.80% of the company’s shares, while institutions hold 3.98% stake in the company. Shares short for SXTP as of 1718323200 were 323387 with a Short Ratio of 0.67, compared to 1715731200 on 88928. Therefore, it implies a Short% of Shares Outstanding of 323387 and a Short% of Float of 2.94.

Most Popular