Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) closed the day trading at $30.51 up 32.48% from the previous closing price of $23.03. In other words, the price has increased by $32.48 from its previous closing price. On the day, 7.39 million shares were traded. TNXP stock price reached its highest trading level at $37.83 during the session, while it also had its lowest trading level at $26.55.
Ratios:
For a better understanding of TNXP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.04 and its Current Ratio is at 6.50. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 196328192 and an Enterprise Value of 105671216. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.46 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 10.469 whereas that against EBITDA is -1.422.
Stock Price History:
The Beta on a monthly basis for TNXP is 1.32, which has changed by -0.97195774 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, TNXP has reached a high of $1146.01, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is 61.43%, while the 200-Day Moving Average is calculated to be -23.02%.
Shares Statistics:
Over the past 3-months, TNXP traded about 1.54M shares per day on average, while over the past 10 days, TNXP traded about 2011020 shares per day. A total of 6.43M shares are outstanding, with a floating share count of 6.43M. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.48% stake in the company. Shares short for TNXP as of 1740700800 were 551259 with a Short Ratio of 0.36, compared to 1738281600 on 97309. Therefore, it implies a Short% of Shares Outstanding of 551259 and a Short% of Float of 9.86.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
