Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $0.74 in the prior trading day, Unicycive Therapeutics Inc (NASDAQ: UNCY) closed at $0.66, down -10.81%. In other words, the price has decreased by -$10.81 from its previous closing price. On the day, 1.93 million shares were traded. UNCY stock price reached its highest trading level at $0.739 during the session, while it also had its lowest trading level at $0.645.
Ratios:
Our goal is to gain a better understanding of UNCY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.61 and its Current Ratio is at 3.61. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Piper Sandler on April 04, 2024, initiated with a Overweight rating and assigned the stock a target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNCY now has a Market Capitalization of 68962064 and an Enterprise Value of 47312584.
Stock Price History:
The Beta on a monthly basis for UNCY is 2.29, which has changed by -0.2539326 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, UNCY has reached a high of $1.82, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 4.02%, while the 200-Day Moving Average is calculated to be 0.78%.
Shares Statistics:
The stock has traded on average 1.55M shares per day over the past 3-months and 1466140 shares per day over the last 10 days, according to various share statistics. A total of 97.86M shares are outstanding, with a floating share count of 87.47M. Insiders hold about 15.73% of the company’s shares, while institutions hold 41.57% stake in the company. Shares short for UNCY as of 1730332800 were 1054147 with a Short Ratio of 0.80, compared to 1727654400 on 993824. Therefore, it implies a Short% of Shares Outstanding of 1054147 and a Short% of Float of 1.21.
