Unicycive Therapeutics Inc (UNCY) 20 Days SMA touches 3.57%: The odds favor the bear

On Monday, Unicycive Therapeutics Inc (NASDAQ: UNCY) opened lower -4.99% from the last sessionbefore settling in for the closing price of $0.40. Price fluctuations for UNCY have ranged from $0.20 to $1.82 over the past 52 weeks.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -5.80%. Company’s average yearly earnings per share was noted 42.97% at the time writing. With a float of $84.53 million, this company’s outstanding shares have now reached $94.36 million.

Considering the fact that the conglomerate employs 14 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 264.21%, operating margin of 10647.97%, and the pretax margin is 8601.85%.

Unicycive Therapeutics Inc (UNCY) Insider Activity

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Unicycive Therapeutics Inc is 10.41%, while institutional ownership is 26.72%.

Unicycive Therapeutics Inc (UNCY) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.13 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.12) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 42.97% per share during the next fiscal year.

Unicycive Therapeutics Inc (NASDAQ: UNCY) Trading Performance Indicators

Check out the current performance indicators for Unicycive Therapeutics Inc (UNCY). In the past quarter, the stock posted a quick ratio of 3.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.89, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.20 in one year’s time.

Technical Analysis of Unicycive Therapeutics Inc (UNCY)

Compared to the last year’s volume of 1.11 million, its volume of 1.1 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 68.26%. Additionally, its Average True Range was 0.04.

During the past 100 days, Unicycive Therapeutics Inc’s (UNCY) raw stochastic average was set at 15.94%, which indicates a significant decrease from 62.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.35% in the past 14 days, which was lower than the 131.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.3911, while its 200-day Moving Average is $0.8530. Nevertheless, the first resistance level for the watch stands at $0.3985 in the near term. At $0.4216, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.4343. If the price goes on to break the first support level at $0.3627, it is likely to go to the next support level at $0.3500. Should the price break the second support level, the third support level stands at $0.3269.

Unicycive Therapeutics Inc (NASDAQ: UNCY) Key Stats

There are currently 37,607K shares outstanding in the company with a market cap of 35.41 million. Presently, the company’s annual sales total 680 K according to its annual income of -30,540 K. Last quarter, the company’s sales amounted to 0 K and its income totaled 9,860 K.