Tonix Pharmaceuticals Holding Corp (TNXP) is destined for greater heights as its last quarter sales were 2,210 K

On Monday, Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) was 8.16% up from the session before settling in for the closing price of $0.17. A 52-week range for TNXP has been $0.12 – $22.14.

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When this article was written, the company’s average yearly earnings per share was at 47.76%. With a float of $137.26 million, this company’s outstanding shares have now reached $137.26 million.

In an organization with 103 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -0.05%, operating margin of -764.06%, and the pretax margin is -1196.11%.

Tonix Pharmaceuticals Holding Corp (TNXP) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Tonix Pharmaceuticals Holding Corp stocks. The insider ownership of Tonix Pharmaceuticals Holding Corp is 0.00%, while institutional ownership is 0.45%.

Tonix Pharmaceuticals Holding Corp (TNXP) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -58.56 earnings per share (EPS) during the time that was less than consensus figure (set at -47.68) by -10.88. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.97 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 47.76% per share during the next fiscal year.

Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) Trading Performance Indicators

You can see what Tonix Pharmaceuticals Holding Corp (TNXP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -22.15, a number that is poised to hit -2.93 in the next quarter and is forecasted to reach -10.45 in one year’s time.

Technical Analysis of Tonix Pharmaceuticals Holding Corp (TNXP)

Let’s dig in a bit further. During the last 5-days, its volume was 14.84 million. That was better than the volume of 10.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 44.76%. Additionally, its Average True Range was 0.02.

During the past 100 days, Tonix Pharmaceuticals Holding Corp’s (TNXP) raw stochastic average was set at 1.29%, which indicates a significant decrease from 66.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.40% in the past 14 days, which was lower than the 187.86% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.1893, while its 200-day Moving Average is $4.4074. However, in the short run, Tonix Pharmaceuticals Holding Corp’s stock first resistance to watch stands at $0.1841. Second resistance stands at $0.1893. The third major resistance level sits at $0.1983. If the price goes on to break the first support level at $0.1699, it is likely to go to the next support level at $0.1609. Assuming the price breaks the second support level, the third support level stands at $0.1557.

Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) Key Stats

There are 2,986K outstanding shares of the company, which has a market capitalization of 24.57 million. As of now, sales total 7,770 K while income totals -116,660 K. Its latest quarter income was 2,210 K while its last quarter net income were -78,780 K.