Soligenix Inc (SNGX) Stock Closes down -4.00% Tuesday’s

Soligenix Inc (NASDAQ: SNGX) closed the day trading at $0.47 down -4.00% from the previous closing price of $0.48. In other words, the price has decreased by -$0.0149 from its previous closing price. On the day, 644658 shares were traded. SNGX stock price reached its highest trading level at $0.4860 during the session, while it also had its lowest trading level at $0.4600.

Ratios:

For a better understanding of SNGX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 0.44.

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 4.99M and an Enterprise Value of 41.20k. Its current Enterprise Value per Revenue stands at 1.87 whereas that against EBITDA is -0.01.

Stock Price History:

Over the past 52 weeks, SNGX has reached a high of $4.20, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 0.6598, while the 200-Day Moving Average is calculated to be 0.6012.

Shares Statistics:

Over the past 3-months, SNGX traded about 151.37K shares per day on average, while over the past 10 days, SNGX traded about 229.16k shares per day. A total of 10.52M shares are outstanding, with a floating share count of 10.49M. Insiders hold about 0.34% of the company’s shares, while institutions hold 3.60% stake in the company. Shares short for SNGX as of Mar 28, 2024 were 115.8k with a Short Ratio of 0.45, compared to 354.49k on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.10% and a Short% of Float of 1.10%.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.2 and a low estimate of -$0.2, while EPS last year was -$0.36. The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.2 and low estimates of -$0.2.

Analysts are recommending an EPS of between -$0.81 and -$0.81 for the fiscal current year, implying an average EPS of -$0.81. EPS for the following year is -$0.68, with 1 analysts recommending between -$0.68 and -$0.68.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $200k, a decrease of -3.40% less than the figure of $0.00% in the same quarter last year. There is a high estimate of $200k for the next quarter, whereas the lowest estimate is $200k.

A total of 1 analysts have provided revenue estimates for SNGX’s current fiscal year. The highest revenue estimate was $800k, while the lowest revenue estimate was $800k, resulting in an average revenue estimate of $800k. In the same quarter a year ago, actual revenue was $840k, down -4.80% from the average estimate. 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. The average revenue growth estimate for next year is up 25.00% from the average revenue estimate for this year.

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