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.
The price of Scynexis Inc (NASDAQ: SCYX) closed at $0.78 in the last session, up 0.79% from day before closing price of $0.77. In other words, the price has increased by $0.79 from its previous closing price. On the day, 87302.0 shares were traded. SCYX stock price reached its highest trading level at $0.78 during the session, while it also had its lowest trading level at $0.75.
Ratios:
We take a closer look at SCYX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.83 and its Current Ratio is at 5.83. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, Guggenheim on January 22, 2021, initiated with a Buy rating and assigned the stock a target price of $25.
On January 06, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $30.
Needham Upgraded its Hold to Buy on July 11, 2018, while the target price for the stock was maintained at $5.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 18 ’24 when Federated Hermes Kaufmann Fund bought 4,709 shares for $1.23 per share.
Federated Hermes Kaufmann Smal bought 128,957 shares of SCYX for $158,617 on Dec 18 ’24. On Dec 18 ’24, another insider, Federated Hermes Kaufmann Fund, who serves as the 10% Owner of the company, bought 166,334 shares for $1.23 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCYX now has a Market Capitalization of 30279754 and an Enterprise Value of -4875334. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.51 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at -1.301 whereas that against EBITDA is 0.133.
Stock Price History:
The Beta on a monthly basis for SCYX is 1.64, which has changed by -0.67118645 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, SCYX has reached a high of $2.60, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is -17.59%, while the 200-Day Moving Average is calculated to be -35.94%.
Shares Statistics:
According to the various share statistics, SCYX traded on average about 121.20K shares per day over the past 3-months and 151180 shares per day over the past 10 days. A total of 39.02M shares are outstanding, with a floating share count of 37.16M. Insiders hold about 4.76% of the company’s shares, while institutions hold 30.68% stake in the company. Shares short for SCYX as of 1745971200 were 641209 with a Short Ratio of 5.29, compared to 1743379200 on 747205. Therefore, it implies a Short% of Shares Outstanding of 641209 and a Short% of Float of 2.09.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
