Investor’s Delight: Unicycive Therapeutics Inc (UNCY) Closes Weak at 0.53, Down -9.63

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The closing price of Unicycive Therapeutics Inc (NASDAQ: UNCY) was $0.53 for the day, down -9.63% from the previous closing price of $0.59. In other words, the price has decreased by -$9.63 from its previous closing price. On the day, 4.9 million shares were traded. UNCY stock price reached its highest trading level at $0.61 during the session, while it also had its lowest trading level at $0.5029.

Ratios:

Our analysis of UNCY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.37 and its Current Ratio is at 3.37.

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 50310728 and an Enterprise Value of 55351732.

Stock Price History:

Over the past 52 weeks, UNCY has reached a high of $1.82, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 26.59%, while the 200-Day Moving Average is calculated to be -32.78%.

Shares Statistics:

UNCY traded an average of 2.23M shares per day over the past three months and 1882910 shares per day over the past ten days. A total of 94.36M shares are outstanding, with a floating share count of 84.53M. Insiders hold about 10.41% of the company’s shares, while institutions hold 34.63% stake in the company. Shares short for UNCY as of 1728950400 were 1045124 with a Short Ratio of 0.47, compared to 1726185600 on 384936. Therefore, it implies a Short% of Shares Outstanding of 1045124 and a Short% of Float of 1.2.

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