In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $2.78 in the prior trading day, scPharmaceuticals Inc (NASDAQ: SCPH) closed at $2.63, down -5.23%. In other words, the price has decreased by -$5.23 from its previous closing price. On the day, 0.68 million shares were traded. SCPH stock price reached its highest trading level at $2.75 during the session, while it also had its lowest trading level at $2.5.
Ratios:
Our goal is to gain a better understanding of SCPH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.18 and its Current Ratio is at 7.12. In the meantime, Its Debt-to-Equity ratio is 3.96 whereas as Long-Term Debt/Eq ratio is at 3.94.
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, Craig Hallum on September 07, 2023, initiated with a Buy rating and assigned the stock a target price of $20.
On December 01, 2022, Cowen started tracking the stock assigning a Outperform rating and target price of $25.
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 Aug 13 ’24 when ORBIMED ADVISORS LLC bought 500,000 shares for $4.00 per share. The transaction valued at 2,000,000 led to the insider holds 5,806,670 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, SCPH now has a Market Capitalization of 139803712 and an Enterprise Value of 108263720. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.64 while its Price-to-Book (P/B) ratio in mrq is 9.89. Its current Enterprise Value per Revenue stands at 2.98 whereas that against EBITDA is -1.672.
Stock Price History:
The Beta on a monthly basis for SCPH is 0.36, which has changed by -0.44979078 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, SCPH has reached a high of $5.65, while it has fallen to a 52-week low of $2.72. The 50-Day Moving Average of the stock is -18.04%, while the 200-Day Moving Average is calculated to be -34.22%.
Shares Statistics:
The stock has traded on average 400.48K shares per day over the past 3-months and 444500 shares per day over the last 10 days, according to various share statistics. A total of 50.10M shares are outstanding, with a floating share count of 34.26M. Insiders hold about 31.88% of the company’s shares, while institutions hold 64.95% stake in the company. Shares short for SCPH as of 1741910400 were 5667224 with a Short Ratio of 14.15, compared to 1739491200 on 6143417. Therefore, it implies a Short% of Shares Outstanding of 5667224 and a Short% of Float of 12.78.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
