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The closing price of scPharmaceuticals Inc (NASDAQ: SCPH) was $2.32 for the day, up 15.14% from the previous closing price of $2.02. In other words, the price has increased by $15.14 from its previous closing price. On the day, 0.62 million shares were traded. SCPH stock price reached its highest trading level at $2.32 during the session, while it also had its lowest trading level at $2.0.
Ratios:
Our analysis of SCPH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.18 and its Current Ratio is at 7.12. In the meantime, Its Debt-to-Equity ratio is 3.96 whereas as Long-Term Debt/Eq ratio is at 3.94.
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, Craig Hallum on September 07, 2023, initiated with a Buy rating and assigned the stock a target price of $20.
On December 01, 2022, Cowen started tracking the stock assigning a Outperform rating and target price of $25.
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 Aug 13 ’24 when ORBIMED ADVISORS LLC bought 500,000 shares for $4.00 per share. The transaction valued at 2,000,000 led to the insider holds 5,806,670 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCPH now has a Market Capitalization of 116658648 and an Enterprise Value of 92675704. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 8.73. Its current Enterprise Value per Revenue stands at 2.551 whereas that against EBITDA is -1.431.
Stock Price History:
The Beta on a monthly basis for SCPH is 0.28, which has changed by -0.52263373 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, SCPH has reached a high of $5.65, while it has fallen to a 52-week low of $1.94. The 50-Day Moving Average of the stock is -23.37%, while the 200-Day Moving Average is calculated to be -40.79%.
Shares Statistics:
SCPH traded an average of 446.06K shares per day over the past three months and 658010 shares per day over the past ten days. A total of 50.10M shares are outstanding, with a floating share count of 34.26M. Insiders hold about 31.88% of the company’s shares, while institutions hold 64.96% stake in the company. Shares short for SCPH as of 1743379200 were 4824425 with a Short Ratio of 10.82, compared to 1740700800 on 6283415. Therefore, it implies a Short% of Shares Outstanding of 4824425 and a Short% of Float of 10.84.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
