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Syndax Pharmaceuticals Inc (NASDAQ: SNDX) closed the day trading at $15.83 down -5.72% from the previous closing price of $16.79. In other words, the price has decreased by -$5.72 from its previous closing price. On the day, 4.95 million shares were traded. SNDX stock price reached its highest trading level at $16.91 during the session, while it also had its lowest trading level at $15.745.
Ratios:
For a better understanding of SNDX, let’s look at its different 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:
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 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 1351212288 and an Enterprise Value of 945670976. For the stock, the TTM Price-to-Sale (P/S) ratio is 79.62 while its Price-to-Book (P/B) ratio in mrq is 3.70. Its current Enterprise Value per Revenue stands at 59.104 whereas that against EBITDA is -2.944.
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 $14.50. The 50-Day Moving Average of the stock is -16.11%, while the 200-Day Moving Average is calculated to be -24.27%.
Shares Statistics:
Over the past 3-months, SNDX traded about 1.12M shares per day on average, while over the past 10 days, SNDX traded about 2845020 shares per day. A total of 84.83M shares are outstanding, with a floating share count of 81.06M. Insiders hold about 5.03% of the company’s shares, while institutions hold 100.23% stake in the company. Shares short for SNDX as of 1730332800 were 10657597 with a Short Ratio of 9.53, compared to 1727654400 on 10081997. Therefore, it implies a Short% of Shares Outstanding of 10657597 and a Short% of Float of 12.6.
