3.39% volatility in Sio Gene Therapies Inc. (SIOX) last month: This is a red flag warning

On January 24, 2023, Sio Gene Therapies Inc. (NASDAQ: SIOX) opened at $0.44, lower -1.73% from the last session. During the day, the shares moved up to $0.4425 and dropped to $0.429 before settling in for the closing price of $0.44. Price fluctuations for SIOX have ranged from $0.23 to $1.20 over the past 52 weeks.


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Company’s average yearly earnings per share was noted -58.00% at the time writing. With a float of $55.07 million, this company’s outstanding shares have now reached $73.77 million.

Let’s look at the performance matrix of the company that is accounted for 12 employees.

Sio Gene Therapies Inc. (SIOX) Insider Updates

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Sio Gene Therapies Inc. is 25.55%, while institutional ownership is 30.10%.

Sio Gene Therapies Inc. (SIOX) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 3/30/2022, the company posted -$0.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.2) by $0.02. This company achieved a return on equity of -78.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -58.00% per share during the next fiscal year.

Sio Gene Therapies Inc. (NASDAQ: SIOX) Trading Performance Indicators

Check out the current performance indicators for Sio Gene Therapies Inc. (SIOX). In the past quarter, the stock posted a quick ratio of 6.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68

Technical Analysis of Sio Gene Therapies Inc. (SIOX)

Sio Gene Therapies Inc. (NASDAQ: SIOX) saw its 5-day average volume 0.46 million, a positive change from its year-to-date volume of 0.41 million. As of the previous 9 days, the stock’s Stochastic %D was 21.34%. Additionally, its Average True Range was 0.02.

During the past 100 days, Sio Gene Therapies Inc.’s (SIOX) raw stochastic average was set at 84.07%, which indicates a significant increase from 13.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.25% in the past 14 days, which was lower than the 60.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.3775, while its 200-day Moving Average is $0.3593. Nevertheless, the first resistance level for the watch stands at $0.4403 in the near term. At $0.4481, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.4538. If the price goes on to break the first support level at $0.4268, it is likely to go to the next support level at $0.4211. Assuming the price breaks the second support level, the third support level stands at $0.4133.

Sio Gene Therapies Inc. (NASDAQ: SIOX) Key Stats

There are currently 72,942K shares outstanding in the company with a market cap of 31.88 million. Presently, the company’s annual sales total 0 K according to its annual income of -71,890 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -3,080 K.

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