Market Recap Check: Unicycive Therapeutics Inc (UNCY)’s Positive Finish at 0.44, Up/Down 2.82

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The price of Unicycive Therapeutics Inc (NASDAQ: UNCY) closed at $0.44 in the last session, up 2.82% from day before closing price of $0.43. In other words, the price has increased by $2.82 from its previous closing price. On the day, 1.6 million shares were traded. UNCY stock price reached its highest trading level at $0.4639 during the session, while it also had its lowest trading level at $0.42.

Ratios:

We take a closer look at UNCY’s different ratios to gain a better understanding of the stock. 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 41271404 and an Enterprise Value of 46312408.

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 13.71%, while the 200-Day Moving Average is calculated to be -48.58%.

Shares Statistics:

According to the various share statistics, UNCY traded on average about 2.58M shares per day over the past 3-months and 1729280 shares per day over the past 10 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 26.72% stake in the company. Shares short for UNCY as of 1724976000 were 746813 with a Short Ratio of 0.29, compared to 1722384000 on 1338342. Therefore, it implies a Short% of Shares Outstanding of 746813 and a Short% of Float of 0.8500000000000001.

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