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In the latest session, Syndax Pharmaceuticals Inc (NASDAQ: SNDX) closed at $16.21 down -25.57% from its previous closing price of $21.78. In other words, the price has decreased by -$25.57 from its previous closing price. On the day, 8.37 million shares were traded. SNDX stock price reached its highest trading level at $17.35 during the session, while it also had its lowest trading level at $16.12.
Ratios:
For a deeper understanding of Syndax Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.99 and its Current Ratio is at 6.99. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 14 ’24 when Goldan Keith A. bought 1,250 shares for $20.03 per share. The transaction valued at 25,037 led to the insider holds 52,623 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, SNDX now has a Market Capitalization of 1383648128 and an Enterprise Value of 978106880. For the stock, the TTM Price-to-Sale (P/S) ratio is 86.48 while its Price-to-Book (P/B) ratio in mrq is 3.79. Its current Enterprise Value per Revenue stands at 61.132 whereas that against EBITDA is -3.045.
Stock Price History:
Over the past 52 weeks, SNDX has reached a high of $25.34, while it has fallen to a 52-week low of $13.14. The 50-Day Moving Average of the stock is -14.92%, while the 200-Day Moving Average is calculated to be -22.69%.
Shares Statistics:
For the past three months, SNDX has traded an average of 952.64K shares per day and 1216100 over the past ten days. A total of 84.83M shares are outstanding, with a floating share count of 79.69M. Insiders hold about 6.64% of the company’s shares, while institutions hold 95.95% stake in the company. Shares short for SNDX as of 1728950400 were 10510079 with a Short Ratio of 11.19, compared to 1726185600 on 9670762. Therefore, it implies a Short% of Shares Outstanding of 10510079 and a Short% of Float of 12.45.
