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After finishing at $4.96 in the prior trading day, Soligenix Inc (NASDAQ: SNGX) closed at $3.7, down -25.40%. In other words, the price has decreased by -$25.40 from its previous closing price. On the day, 4.25 million shares were traded. SNGX stock price reached its highest trading level at $4.2999 during the session, while it also had its lowest trading level at $3.4606.
Ratios:
Our goal is to gain a better understanding of SNGX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.16.
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 12078095 and an Enterprise Value of 16570160.
Stock Price History:
The Beta on a monthly basis for SNGX is 2.09, which has changed by -0.1704036 over the last 52 weeks, in comparison to a change of 0.14064062 over the same period for the S&P500. Over the past 52 weeks, SNGX has reached a high of $6.23, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is 94.58%, while the 200-Day Moving Average is calculated to be 55.10%.
Shares Statistics:
The stock has traded on average 10.86M shares per day over the past 3-months and 19634040 shares per day over the last 10 days, according to various share statistics. A total of 4.29M shares are outstanding, with a floating share count of 4.28M. Insiders hold about 0.03% of the company’s shares, while institutions hold 4.43% stake in the company. Shares short for SNGX as of 1753920000 were 339125 with a Short Ratio of 0.03, compared to 1751241600 on 83293. Therefore, it implies a Short% of Shares Outstanding of 339125 and a Short% of Float of 10.39.
Earnings Estimates
The market rating for Soligenix Inc (SNGX) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$0.47, with high estimates of -$0.47 and low estimates of -$0.47.
Analysts are recommending an EPS of between -$2.6 and -$2.6 for the fiscal current year, implying an average EPS of -$2.6. EPS for the following year is -$1.3, with 1.0 analysts recommending between -$1.3 and -$1.3.
