Witnessing the stock’s movement on the chart, on Wednesday, 60 Degrees Pharmaceuticals Inc (NASDAQ: SXTP) set off with pace as it heaved 22.44% to $1.91, before settling in for the price of $1.56 at the close. Taking a more long-term approach, SXTP posted a 52-week range of $1.03-$19.80.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 2.28% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 65.98%. This publicly-traded company’s shares outstanding now amounts to $1.77 million, simultaneously with a float of $1.52 million. The organization now has a market capitalization sitting at $3.38 million. At the time of writing, stock’s 50-day Moving Average stood at $2.4650, while the 200-day Moving Average is $4.8244.
60 Degrees Pharmaceuticals Inc (SXTP) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. 60 Degrees Pharmaceuticals Inc’s current insider ownership accounts for 14.30%, in contrast to 1.70% institutional ownership. According to the most recent insider trade that took place on Jan 31 ’24, this organization’s President and CEO bought 25,974 shares at the rate of 0.38, making the entire transaction reach 9,740 in total value, affecting insider ownership by 703,599. Preceding that transaction, on Jan 31 ’24, Company’s Director bought 200,000 for 0.38, making the whole transaction’s value amount to 75,000. This particular insider is now the holder of 424,934 in total.
60 Degrees Pharmaceuticals Inc (SXTP) Earnings and Revenue Records
60 Degrees Pharmaceuticals Inc’s EPS increase for this current 12-month fiscal period is 65.98% and is forecasted to reach -1.84 in the upcoming year.
60 Degrees Pharmaceuticals Inc (NASDAQ: SXTP) Trading Performance Indicators
Let’s observe the current performance indicators for 60 Degrees Pharmaceuticals Inc (SXTP). It’s Quick Ratio in the last reported quarter now stands at 2.73. The Stock has managed to achieve an average true range (ATR) of 0.37. Alongside those numbers, its PE Ratio stands at $3.01, and its Beta score is 4.69. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.68.
In the same vein, SXTP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.63, a figure that is expected to reach -4.24 in the next quarter, and analysts are predicting that it will be -1.84 at the market close of one year from today.
Technical Analysis of 60 Degrees Pharmaceuticals Inc (SXTP)
Going through the that latest performance of [60 Degrees Pharmaceuticals Inc, SXTP]. Its last 5-days volume of 0.77 million indicated improvement to the volume of 0.3 million it revealed a year ago. During the previous 9 days, stock’s Stochastic%D was recorded 55.18% While, its Average True Range was 0.3494.
Raw Stochastic average of 60 Degrees Pharmaceuticals Inc (SXTP) in the period of the previous 100 days is set at 14.22%, which indicates a major fall in contrast to 75.15% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 236.38% that was higher than 128.23% volatility it exhibited in the past 100-days period.
