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The closing price of Syndax Pharmaceuticals Inc (NASDAQ: SNDX) was $14.48 for the day, up 0.70% from the previous closing price of $14.38. In other words, the price has increased by $0.70 from its previous closing price. On the day, 2.01 million shares were traded.
Ratios:
Our analysis of SNDX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.82 and its Current Ratio is at 5.82. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.16.
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, UBS on October 24, 2024, initiated with a Buy rating and assigned the stock a target price of $37.
On June 28, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $37.
Scotiabank Downgraded its Sector Outperform to Sector Perform on January 31, 2024, whereas the target price for the stock was revised from $36 to $23.
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 Mar 04 ’25 when MICHAEL METZGER bought 13,888 shares for $15.48 per share.
Goldan Keith A. sold 3,777 shares of SNDX for $58,559 on Feb 10 ’25. The Chief Financial Officer now owns 90,746 shares after completing the transaction at $15.50 per share. On Feb 10 ’25, another insider, Metzger Michael A, who serves as the Chief Executive Officer of the company, sold 13,288 shares for $15.50 each. As a result, the insider received 206,017 and left with 300,121 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 52.60 while its Price-to-Book (P/B) ratio in mrq is 4.31.
Stock Price History:
Over the past 52 weeks, SNDX has reached a high of $25.16, while it has fallen to a 52-week low of $12.06. The 50-Day Moving Average of the stock is 1.73%, while the 200-Day Moving Average is calculated to be -20.04%.
Shares Statistics:
A total of 85.69M shares are outstanding, with a floating share count of 84.15M. Insiders hold about 2.18% of the company’s shares, while institutions hold 116.78% stake in the company.
