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After finishing at $0.68 in the prior trading day, Scilex Holding Company (NASDAQ: SCLX) closed at $0.61, down -10.31%. In other words, the price has decreased by -$10.31 from its previous closing price. On the day, 4.97 million shares were traded. SCLX stock price reached its highest trading level at $0.68 during the session, while it also had its lowest trading level at $0.5377.
Ratios:
Our goal is to gain a better understanding of SCLX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.20.
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, Alliance Global Partners on October 16, 2024, initiated with a Buy rating and assigned the stock a target price of $14.
On June 13, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $13.
On October 16, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $4.B. Riley Securities initiated its Buy rating on October 16, 2023, with a $4 target price.
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 Oct 31 ’24 when Ji Henry bought 8,888 shares for $0.94 per share. The transaction valued at 8,351 led to the insider holds 320,161 shares of the business.
SHAH JAISIM bought 32,000 shares of SCLX for $31,670 on Oct 29 ’24. The insider now owns 109,333 shares after completing the transaction at $0.99 per share. On Oct 18 ’24, another insider, Followwill Dorman, who serves as the Director of the company, bought 1,000 shares for $0.99 each. As a result, the insider paid 990 and bolstered with 2,300 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, SCLX now has a Market Capitalization of 81677808 and an Enterprise Value of 180446208. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06. Its current Enterprise Value per Revenue stands at 3.55 whereas that against EBITDA is -1.899.
Stock Price History:
Over the past 52 weeks, SCLX has reached a high of $2.63, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -33.54%, while the 200-Day Moving Average is calculated to be -52.34%.
Shares Statistics:
The stock has traded on average 1.74M shares per day over the past 3-months and 3806670 shares per day over the last 10 days, according to various share statistics. A total of 191.79M shares are outstanding, with a floating share count of 128.69M. Insiders hold about 32.90% of the company’s shares, while institutions hold 18.04% stake in the company. Shares short for SCLX as of 1730332800 were 11035529 with a Short Ratio of 6.35, compared to 1727654400 on 11077397. Therefore, it implies a Short% of Shares Outstanding of 11035529 and a Short% of Float of 14.979999999999999.
