Financial Health Check: Examining Unicycive Therapeutics Inc (UNCY)’s Key Ratios

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Unicycive Therapeutics Inc (NASDAQ: UNCY) closed the day trading at $0.64 down -5.43% from the previous closing price of $0.68. In other words, the price has decreased by -$5.43 from its previous closing price. On the day, 2.07 million shares were traded. UNCY stock price reached its highest trading level at $0.6902 during the session, while it also had its lowest trading level at $0.6011.

Ratios:

For a better understanding of UNCY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.61 and its Current Ratio is at 3.61. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.

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 66751212 and an Enterprise Value of 35211468.

Stock Price History:

The Beta on a monthly basis for UNCY is 2.07, which has changed by -0.5565517 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, UNCY has reached a high of $1.60, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 8.39%, while the 200-Day Moving Average is calculated to be 22.08%.

Shares Statistics:

Over the past 3-months, UNCY traded about 1.01M shares per day on average, while over the past 10 days, UNCY traded about 913420 shares per day. A total of 97.86M shares are outstanding, with a floating share count of 86.07M. Insiders hold about 17.08% of the company’s shares, while institutions hold 62.01% stake in the company. Shares short for UNCY as of 1740700800 were 1399359 with a Short Ratio of 1.39, compared to 1738281600 on 823318. Therefore, it implies a Short% of Shares Outstanding of 1399359 and a Short% of Float of 1.4400001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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