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60 Degrees Pharmaceuticals Inc (NASDAQ: SXTP) closed the day trading at $1.58 up 1.28% from the previous closing price of $1.56. In other words, the price has increased by $1.28 from its previous closing price. On the day, 0.56 million shares were traded. SXTP stock price reached its highest trading level at $1.78 during the session, while it also had its lowest trading level at $1.57.
Ratios:
For a better understanding of SXTP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.73 and its Current Ratio is at 3.08. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 31 ’24 when DOW GEOFFREY S bought 25,974 shares for $0.38 per share. The transaction valued at 9,740 led to the insider holds 703,599 shares of the business.
XU CHERYL bought 200,000 shares of SXTP for $75,000 on Jan 31 ’24. The Director now owns 424,934 shares after completing the transaction at $0.38 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SXTP now has a Market Capitalization of 2793961 and an Enterprise Value of 11156858. As of this moment, 60’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.36. Its current Enterprise Value per Revenue stands at 25.284 whereas that against EBITDA is -1.255.
Stock Price History:
Over the past 52 weeks, SXTP has reached a high of $22.32, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -39.57%, while the 200-Day Moving Average is calculated to be -67.79%.
Shares Statistics:
Over the past 3-months, SXTP traded about 699.05K shares per day on average, while over the past 10 days, SXTP traded about 1767951 shares per day. A total of 1.77M shares are outstanding, with a floating share count of 1.52M. Insiders hold about 14.30% of the company’s shares, while institutions hold 1.70% stake in the company. Shares short for SXTP as of 1722384000 were 39993 with a Short Ratio of 0.09, compared to 1719532800 on 22907. Therefore, it implies a Short% of Shares Outstanding of 39993 and a Short% of Float of 2.53.
