In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Soligenix Inc (NASDAQ: SNGX) closed at $1.33 down -19.39% from its previous closing price of $1.65. In other words, the price has decreased by -$19.39% from its previous closing price. On the day, 1.97 million shares were traded. SNGX stock price reached its highest trading level at $1.4 during the session, while it also had its lowest trading level at $1.32.
Ratios:
For a deeper understanding of Soligenix Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
On January 31, 2018, H.C. Wainwright Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $5.50 to $2.70.
Maxim Group reiterated its Buy rating for the stock on August 14, 2017, while the target price for the stock was revised from $4 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNGX now has a Market Capitalization of 4341585 and an Enterprise Value of -2876465. Its current Enterprise Value per Revenue stands at -1228.209 whereas that against EBITDA is 0.271.
Stock Price History:
The Beta on a monthly basis for SNGX is 1.97, which has changed by -0.5128205 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, SNGX has reached a high of $14.83, while it has fallen to a 52-week low of $1.65. The 50-Day Moving Average of the stock is -30.55%, while the 200-Day Moving Average is calculated to be -51.65%.
Shares Statistics:
For the past three months, SNGX has traded an average of 81.92K shares per day and 224740 over the past ten days. A total of 3.26M shares are outstanding, with a floating share count of 3.26M. Insiders hold about 0.03% of the company’s shares, while institutions hold 4.46% stake in the company. Shares short for SNGX as of 1748563200 were 40076 with a Short Ratio of 0.49, compared to 1745971200 on 73773. Therefore, it implies a Short% of Shares Outstanding of 40076 and a Short% of Float of 1.23000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $1M in the next fiscal year. The high estimate is $1M and the low estimate is $1M.
