Upward Trajectory: Tonix Pharmaceuticals Holding Corp (TNXP) Posts a Gaine, Closing at 18.01

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) was $18.01 for the day, up 3.51% from the previous closing price of $17.40. In other words, the price has increased by $3.51 from its previous closing price. On the day, 0.61 million shares were traded. TNXP stock price reached its highest trading level at $18.2551 during the session, while it also had its lowest trading level at $16.68.

Ratios:

Our analysis of TNXP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.04 and its Current Ratio is at 6.50. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.

On April 18, 2019, ROTH Capital Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $4.

ROTH Capital Upgraded its Neutral to Buy on August 18, 2017, while the target price for the stock was maintained at $6.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TNXP now has a Market Capitalization of 123869536 and an Enterprise Value of 25235206. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.28 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 2.5 whereas that against EBITDA is -0.34.

Stock Price History:

The Beta on a monthly basis for TNXP is 1.64, which has changed by -0.9668934 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, TNXP has reached a high of $672.00, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is 12.83%, while the 200-Day Moving Average is calculated to be -25.70%.

Shares Statistics:

TNXP traded an average of 1.57M shares per day over the past three months and 588710 shares per day over the past ten days. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.49% stake in the company. Shares short for TNXP as of 1744675200 were 1121764 with a Short Ratio of 0.71, compared to 1741910400 on 878522. Therefore, it implies a Short% of Shares Outstanding of 1121764 and a Short% of Float of 16.309999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Most Popular