Syndax Pharmaceuticals Inc (SNDX) plunge -6.79% in a week: will this be a lucky break through?

Syndax Pharmaceuticals Inc (NASDAQ: SNDX) started the day on Wednesday, with a price decrease of -3.24% at $18.54, before settling in for the price of $19.16 at the close. Taking a more long-term approach, SNDX posted a 52-week range of $11.22-$25.34.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 1801.91%. Meanwhile, its Annual Earning per share during the time was -0.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -25.85%. This publicly-traded company’s shares outstanding now amounts to $84.83 million, simultaneously with a float of $79.45 million. The organization now has a market capitalization sitting at $1.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $19.28, while the 200-day Moving Average is $21.09.

Syndax Pharmaceuticals Inc (SNDX) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Syndax Pharmaceuticals Inc’s current insider ownership accounts for 6.64%, in contrast to 97.20% institutional ownership. According to the most recent insider trade that took place on Jun 14 ’24, this organization’s Chief Financial Officer bought 1,250 shares at the rate of 20.03, making the entire transaction reach 25,037 in total value, affecting insider ownership by 52,623.

Syndax Pharmaceuticals Inc (SNDX) Earnings and Revenue Records

Syndax Pharmaceuticals Inc’s EPS decrease for this current 12-month fiscal period is -25.85% and is forecasted to reach -3.24 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 23.50% through the next 5 years, which can be compared against the -0.41% growth it accomplished over the previous five years trading on the market.

Syndax Pharmaceuticals Inc (NASDAQ: SNDX) Trading Performance Indicators

Let’s observe the current performance indicators for Syndax Pharmaceuticals Inc (SNDX). It’s Quick Ratio in the last reported quarter now stands at 10.50. The Stock has managed to achieve an average true range (ATR) of 0.72. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 450.79.

In the same vein, SNDX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.38, a figure that is expected to reach -1.13 in the next quarter, and analysts are predicting that it will be -3.24 at the market close of one year from today.

Technical Analysis of Syndax Pharmaceuticals Inc (SNDX)

If we take a close look at the recent performances of Syndax Pharmaceuticals Inc (NASDAQ: SNDX), its last 5-days Average volume was 0.72 million that shows plunge from its year to date volume of 1.06 million. During the previous 9 days, stock’s Stochastic %D was recorded 48.05% While, its Average True Range was 0.70.

Raw Stochastic average of Syndax Pharmaceuticals Inc (SNDX) in the period of the previous 100 days is set at 15.52%, which indicates a major fall in contrast to 29.61% 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 34.12% that was lower than 44.16% volatility it exhibited in the past 100-days period.