Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Scilex Holding Company (NASDAQ: SCLX) was $0.24 for the day, down -2.01% from the previous closing price of $0.25. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 0.65 million shares were traded. SCLX stock price reached its highest trading level at $0.2483 during the session, while it also had its lowest trading level at $0.2232.
Ratios:
Our analysis of SCLX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 740.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.14.
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, D. Boral Capital on January 27, 2025, initiated with a Buy rating and assigned the stock a target price of $22.
On October 16, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $14.
On June 13, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $13.Rodman & Renshaw initiated its Buy rating on June 13, 2024, with a $13 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 18 ’24 when SHAH JAISIM bought 30,000 shares for $0.46 per share. The transaction valued at 13,800 led to the insider holds 139,333 shares of the business.
Ji Henry bought 8,888 shares of SCLX for $8,351 on Oct 31 ’24. The Executive Chairperson now owns 320,161 shares after completing the transaction at $0.94 per share. On Oct 29 ’24, another insider, SHAH JAISIM, who serves as the insider of the company, bought 32,000 shares for $0.99 each. As a result, the insider paid 31,670 and bolstered with 109,333 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 44583268 and an Enterprise Value of 145876336. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07. Its current Enterprise Value per Revenue stands at 2.645 whereas that against EBITDA is -1.854.
Stock Price History:
The Beta on a monthly basis for SCLX is 1.08, which has changed by -0.84522295 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, SCLX has reached a high of $2.30, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -29.03%, while the 200-Day Moving Average is calculated to be -72.57%.
Shares Statistics:
SCLX traded an average of 1.38M shares per day over the past three months and 944290 shares per day over the past ten days. A total of 243.31M shares are outstanding, with a floating share count of 180.22M. Insiders hold about 25.93% of the company’s shares, while institutions hold 20.29% stake in the company. Shares short for SCLX as of 1741910400 were 6052816 with a Short Ratio of 4.39, compared to 1739491200 on 6104755. Therefore, it implies a Short% of Shares Outstanding of 6052816 and a Short% of Float of 4.62.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
