Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Soligenix Inc (NASDAQ: SNGX) closed at $2.63 in the last session, down -15.97% from day before closing price of $3.13. In other words, the price has decreased by -$15.97 from its previous closing price. On the day, 10.75 million shares were traded. SNGX stock price reached its highest trading level at $3.44 during the session, while it also had its lowest trading level at $2.43.
Ratios:
We take a closer look at SNGX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.00.
On January 31, 2018, H.C. Wainwright Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $5.50 to $2.70.
Maxim Group reiterated its Buy rating for the stock on August 14, 2017, while the target price for the stock was revised from $4 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNGX now has a Market Capitalization of 6599985 and an Enterprise Value of -1037227. Its current Enterprise Value per Revenue stands at -2.848 whereas that against EBITDA is 0.132.
Stock Price History:
The Beta on a monthly basis for SNGX is 1.82, which has changed by -0.6894841 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, SNGX has reached a high of $14.92, while it has fallen to a 52-week low of $1.83. The 50-Day Moving Average of the stock is -20.04%, while the 200-Day Moving Average is calculated to be -41.00%.
Shares Statistics:
According to the various share statistics, SNGX traded on average about 50.74K shares per day over the past 3-months and 48070 shares per day over the past 10 days. A total of 2.51M shares are outstanding, with a floating share count of 2.51M. Insiders hold about 0.03% of the company’s shares, while institutions hold 2.63% stake in the company. Shares short for SNGX as of 1735603200 were 14549 with a Short Ratio of 0.29, compared to 1732838400 on 36688. Therefore, it implies a Short% of Shares Outstanding of 14549 and a Short% of Float of 0.58.
