On Friday, Scilex Holding Company (NASDAQ: SCLX) opened lower -3.53% from the last session, before settling in for the closing price of $0.89. Price fluctuations for SCLX have ranged from $0.73 to $2.63 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 14.78%. Company’s average yearly earnings per share was noted 46.09% at the time writing. With a float of $116.21 million, this company’s outstanding shares have now reached $191.79 million.
The extent of productivity of a business whose workforce counts for 105 workers is very important to gauge. In terms of profitability, gross margin is 62.2%, operating margin of -195.02%, and the pretax margin is -233.86%.
Scilex Holding Company (SCLX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Drug Manufacturers – General industry is another important factor to consider. The insider ownership of Scilex Holding Company is 39.41%, while institutional ownership is 20.93%. The most recent insider transaction that took place on Oct 18 ’24, was worth 990. In this transaction Director of this company bought 1,000 shares at a rate of $0.99, taking the stock ownership to the 2,300 shares. Before that another transaction happened on Oct 18 ’24, when Company’s Director bought 5,000 for $0.95, making the entire transaction worth $4,750. This insider now owns 112,500 shares in total.
Scilex Holding Company (SCLX) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.63 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.17) by -0.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 46.09% per share during the next fiscal year.
Scilex Holding Company (NASDAQ: SCLX) Trading Performance Indicators
Check out the current performance indicators for Scilex Holding Company (SCLX). In the past quarter, the stock posted a quick ratio of 0.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.25. Likewise, its price to free cash flow for the trailing twelve months is 13.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.02, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.39 in one year’s time.
Technical Analysis of Scilex Holding Company (SCLX)
The latest stats from [Scilex Holding Company, SCLX] show that its last 5-days average volume of 2.27 million was superior to 1.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.84%. Additionally, its Average True Range was 0.11.
During the past 100 days, Scilex Holding Company’s (SCLX) raw stochastic average was set at 5.93%, which indicates a significant decrease from 25.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.51% in the past 14 days, which was lower than the 108.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9980, while its 200-day Moving Average is $1.3370. Now, the first resistance to watch is $0.9057. This is followed by the second major resistance level at $0.9501. The third major resistance level sits at $0.9801. If the price goes on to break the first support level at $0.8313, it is likely to go to the next support level at $0.8013. The third support level lies at $0.7569 if the price breaches the second support level.
Scilex Holding Company (NASDAQ: SCLX) Key Stats
There are currently 181,190K shares outstanding in the company with a market cap of 165.21 million. Presently, the company’s annual sales total 46,740 K according to its annual income of -114,330 K. Last quarter, the company’s sales amounted to 16,370 K and its income totaled -37,580 K.
