Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Soligenix Inc’s stock clocked out at $3.38, up 0.60% from its previous closing price of $3.36. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.59 million shares were traded. SNGX stock price reached its highest trading level at $3.44 during the session, while it also had its lowest trading level at $3.21.
Ratios:
To gain a deeper understanding of SNGX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.16.
On January 31, 2018, H.C. Wainwright Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $5.50 to $2.70.
Maxim Group reiterated its Buy rating for the stock on August 14, 2017, while the target price for the stock was revised from $4 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNGX now has a Market Capitalization of 14485227 and an Enterprise Value of 9798960.
Stock Price History:
The Beta on a monthly basis for SNGX is 2.04, which has changed by -0.1377551 over the last 52 weeks, in comparison to a change of 0.1513431 over the same period for the S&P500. Over the past 52 weeks, SNGX has reached a high of $6.23, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is 69.31%, while the 200-Day Moving Average is calculated to be 41.96%.
Shares Statistics:
It appears that SNGX traded 10.99M shares on average per day over the past three months and 19584930 shares per day over the past ten days. A total of 4.29M shares are outstanding, with a floating share count of 4.28M. Insiders hold about 0.03% of the company’s shares, while institutions hold 4.43% stake in the company. Shares short for SNGX as of 1753920000 were 339125 with a Short Ratio of 0.03, compared to 1751241600 on 83293. Therefore, it implies a Short% of Shares Outstanding of 339125 and a Short% of Float of 10.39.
Earnings Estimates
The stock of Soligenix Inc (SNGX) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.47, with high estimates of -$0.47 and low estimates of -$0.47.
Analysts are recommending an EPS of between -$2.6 and -$2.6 for the fiscal current year, implying an average EPS of -$2.6. EPS for the following year is -$1.3, with 1.0 analysts recommending between -$1.3 and -$1.3.
