In other words, the price has increased by $0.0000 from its previous closing price. On the day, 720444 shares were traded. SCYX stock price reached its highest trading level at $1.5300 during the session, while it also had its lowest trading level at $1.3500.
Ratios:
Our analysis of SCYX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.88 and its Current Ratio is at 7.66. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.16.
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, Guggenheim on January 22, 2021, initiated with a Buy rating and assigned the stock a target price of $25.
On January 06, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $30.
Needham Upgraded its Hold to Buy on July 11, 2018, while the target price for the stock was maintained at $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCYX now has a Market Capitalization of 53.39M and an Enterprise Value of -19.87M. As of this moment, Scynexis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at -0.15 whereas that against EBITDA is -0.26.
Stock Price History:
Over the past 52 weeks, SCYX has reached a high of $3.87, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is 1.8050, while the 200-Day Moving Average is calculated to be 2.2874.
Shares Statistics:
SCYX traded an average of 210.82K shares per day over the past three months and 216.91k shares per day over the past ten days. A total of 37.21M shares are outstanding, with a floating share count of 35.25M. Insiders hold about 5.25% of the company’s shares, while institutions hold 43.03% stake in the company. Shares short for SCYX as of Feb 29, 2024 were 1.04M with a Short Ratio of 4.95, compared to 1.15M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.81% and a Short% of Float of 3.48%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.17 and a low estimate of -$0.22, while EPS last year was -$0.37. The consensus estimate for the next quarter is -$0.07, with high estimates of $0.15 and low estimates of -$0.21.
Analysts are recommending an EPS of between $1.63 and $1.14 for the fiscal current year, implying an average EPS of $1.42. EPS for the following year is $0.25, with 3 analysts recommending between $1.04 and -$0.89.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $2.43M to a low estimate of $70k. As of the current estimate, Scynexis Inc’s year-ago sales were $1.52M, an estimated decrease of -10.10% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $7.79M, an increase of 589.40% over than the figure of -$10.10% in the same quarter last year. There is a high estimate of $22.1M for the next quarter, whereas the lowest estimate is $410k.
A total of 3 analysts have provided revenue estimates for SCYX’s current fiscal year. The highest revenue estimate was $136.78M, while the lowest revenue estimate was $133.48M, resulting in an average revenue estimate of $135.39M. In the same quarter a year ago, actual revenue was $5.09M, up 2,559.40% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $96.81M in the next fiscal year. The high estimate is $120.2M and the low estimate is $73.42M. The average revenue growth estimate for next year is down -28.50% from the average revenue estimate for this year.
