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Scilex Holding Company (NASDAQ: SCLX) closed the day trading at $0.86 down -3.53% from the previous closing price of $0.89. In other words, the price has decreased by -$3.53 from its previous closing price. On the day, 1.12 million shares were traded. SCLX stock price reached its highest trading level at $0.92 during the session, while it also had its lowest trading level at $0.8516.
Ratios:
For a better understanding of SCLX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.20.
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, Alliance Global Partners on October 16, 2024, initiated with a Buy rating and assigned the stock a target price of $14.
On June 13, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $13.
On October 16, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $4.B. Riley Securities initiated its Buy rating on October 16, 2023, with a $4 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 18 ’24 when Followwill Dorman bought 1,000 shares for $0.99 per share. The transaction valued at 990 led to the insider holds 2,300 shares of the business.
Chun Jay bought 5,000 shares of SCLX for $4,750 on Oct 18 ’24. The Director now owns 112,500 shares after completing the transaction at $0.95 per share. On Oct 17 ’24, another insider, Wu Yue Alexander, who serves as the Director of the company, bought 20,000 shares for $0.95 each. As a result, the insider paid 18,992 and bolstered with 25,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCLX now has a Market Capitalization of 122375656 and an Enterprise Value of 213574272. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25. Its current Enterprise Value per Revenue stands at 4.201 whereas that against EBITDA is -2.248.
Stock Price History:
Over the past 52 weeks, SCLX has reached a high of $2.63, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is -13.69%, while the 200-Day Moving Average is calculated to be -35.57%.
Shares Statistics:
Over the past 3-months, SCLX traded about 1.19M shares per day on average, while over the past 10 days, SCLX traded about 2960380 shares per day. A total of 191.79M shares are outstanding, with a floating share count of 116.21M. Insiders hold about 39.41% of the company’s shares, while institutions hold 20.93% stake in the company. Shares short for SCLX as of 1728950400 were 12159373 with a Short Ratio of 10.20, compared to 1726185600 on 9320577. Therefore, it implies a Short% of Shares Outstanding of 12159373 and a Short% of Float of 16.5.
