Syndax Pharmaceuticals Inc (NASDAQ: SNDX) on Tuesday, plunged -0.29% from the previous trading day, before settling in for the closing price of $20.50. Within the past 52 weeks, SNDX’s price has moved between $11.22 and $25.34.
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Healthcare Sector giant saw their annual sales surged by 1801.91% over the last five years. The company achieved an average annual earnings per share of -25.79%. With a float of $79.38 million, this company’s outstanding shares have now reached $84.83 million.
The firm has a total of 184 workers. Let’s measure their productivity. In terms of profitability, gross margin is 93.21%, operating margin of -7135.53%, and the pretax margin is -6543.16%.
Syndax Pharmaceuticals Inc (SNDX) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Syndax Pharmaceuticals Inc is 6.72%, while institutional ownership is 97.07%. The most recent insider transaction that took place on Jun 14 ’24, was worth 25,037. In this transaction Chief Financial Officer of this company bought 1,250 shares at a rate of $20.03, taking the stock ownership to the 52,623 shares.
Syndax Pharmaceuticals Inc (SNDX) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.73 earnings per share (EPS) for the period topping the consensus outlook (set at -0.79) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.50% during the next five years compared to -0.41% drop over the previous five years of trading.
Syndax Pharmaceuticals Inc (NASDAQ: SNDX) Trading Performance Indicators
Syndax Pharmaceuticals Inc (SNDX) is currently performing well based on its current performance indicators. A quick ratio of 10.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 496.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.38, a number that is poised to hit -1.13 in the next quarter and is forecasted to reach -3.23 in one year’s time.
Technical Analysis of Syndax Pharmaceuticals Inc (SNDX)
Analysing the last 5-days average volume posted by the [Syndax Pharmaceuticals Inc, SNDX], we can find that recorded value of 0.84 million was lower than the volume posted last year of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 62.80%. Additionally, its Average True Range was 0.96.
During the past 100 days, Syndax Pharmaceuticals Inc’s (SNDX) raw stochastic average was set at 27.88%, which indicates a significant decrease from 31.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.76% in the past 14 days, which was lower than the 43.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.25, while its 200-day Moving Average is $20.72. Now, the first resistance to watch is $20.62. This is followed by the second major resistance level at $20.80. The third major resistance level sits at $20.97. If the price goes on to break the first support level at $20.27, it is likely to go to the next support level at $20.10. Now, if the price goes above the second support level, the third support stands at $19.92.
Syndax Pharmaceuticals Inc (NASDAQ: SNDX) Key Stats
Market capitalization of the company is 1.74 billion based on 84,987K outstanding shares. Right now, sales total 0 K and income totals -209,360 K. The company made 3,500 K in profit during its latest quarter, and -68,060 K in sales during its previous quarter.
