For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Soleno Therapeutics Inc (NASDAQ: SLNO) was $70.00 for the day, up 4.12% from the previous closing price of $67.23. In other words, the price has increased by $4.12 from its previous closing price. On the day, 1.08 million shares were traded. SLNO stock price reached its highest trading level at $70.4 during the session, while it also had its lowest trading level at $66.1231.
Ratios:
Our analysis of SLNO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.68 and its Current Ratio is at 15.68. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.21.
On December 02, 2024, Stifel reiterated its Buy ratingand also kept the price unchanged to $74.
Robert W. Baird reiterated its Outperform rating for the stock on December 02, 2024, and also maintained the target price at $72.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 01 ’25 when Hirano Patricia C sold 3,782 shares for $70.11 per share. The transaction valued at 265,156 led to the insider holds 27,036 shares of the business.
PATRICIA HIRANO bought 3,782 shares of SLNO for $265,156 on Apr 01 ’25. On Mar 28 ’25, another insider, Pauls Matthew, who serves as the Director of the company, sold 5,937 shares for $71.55 each. As a result, the insider received 424,797 and left with 6,500 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLNO now has a Market Capitalization of 3210010880 and an Enterprise Value of 2971399424.
Stock Price History:
The Beta on a monthly basis for SLNO is -2.56, which has changed by 0.8523419 over the last 52 weeks, in comparison to a change of 0.07019031 over the same period for the S&P500. Over the past 52 weeks, SLNO has reached a high of $74.00, while it has fallen to a 52-week low of $36.61. The 50-Day Moving Average of the stock is 31.73%, while the 200-Day Moving Average is calculated to be 39.20%.
Shares Statistics:
SLNO traded an average of 1.13M shares per day over the past three months and 1808330 shares per day over the past ten days. A total of 45.70M shares are outstanding, with a floating share count of 36.40M. Insiders hold about 20.63% of the company’s shares, while institutions hold 90.92% stake in the company. Shares short for SLNO as of 1743379200 were 4660601 with a Short Ratio of 4.13, compared to 1740700800 on 4807491. Therefore, it implies a Short% of Shares Outstanding of 4660601 and a Short% of Float of 15.049999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0