Syndax Pharmaceuticals Inc (NASDAQ: SNDX) kicked off on Friday, up 3.14% from the previous trading day, before settling in for the closing price of $15.60. Over the past 52 weeks, SNDX has traded in a range of $15.00-$25.34.
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A company in the Healthcare sector has jumped its sales by 1801.91% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -21.36%. With a float of $81.06 million, this company’s outstanding shares have now reached $84.83 million.
In an organization with 184 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -169.78%, operating margin of -1942.5%, and the pretax margin is -1796.46%.
Syndax Pharmaceuticals Inc (SNDX) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Syndax Pharmaceuticals Inc is 5.03%, while institutional ownership is 100.23%. The most recent insider transaction that took place on Jun 14 ’24, was worth 25,037. In this transaction Chief Financial Officer of this company bought 1,250 shares at a rate of $20.03, taking the stock ownership to the 52,623 shares.
Syndax Pharmaceuticals Inc (SNDX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -21.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.50% during the next five years compared to -0.41% drop over the previous five years of trading.
Syndax Pharmaceuticals Inc (NASDAQ: SNDX) Trading Performance Indicators
Take a look at Syndax Pharmaceuticals Inc’s (SNDX) current performance indicators. Last quarter, stock had a quick ratio of 6.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 88.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.63, a number that is poised to hit -0.99 in the next quarter and is forecasted to reach -3.76 in one year’s time.
Technical Analysis of Syndax Pharmaceuticals Inc (SNDX)
Let’s dig in a bit further. During the last 5-days, its volume was 2.91 million. That was better than the volume of 1.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.17%. Additionally, its Average True Range was 1.12.
During the past 100 days, Syndax Pharmaceuticals Inc’s (SNDX) raw stochastic average was set at 10.82%, which indicates a significant decrease from 14.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.09% in the past 14 days, which was higher than the 64.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.60, while its 200-day Moving Average is $20.76. However, in the short run, Syndax Pharmaceuticals Inc’s stock first resistance to watch stands at $16.43. Second resistance stands at $16.77. The third major resistance level sits at $17.28. If the price goes on to break the first support level at $15.58, it is likely to go to the next support level at $15.07. The third support level lies at $14.73 if the price breaches the second support level.
Syndax Pharmaceuticals Inc (NASDAQ: SNDX) Key Stats
The company with the Market Capitalisation of 1.42 billion has total of 85,358K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -209,360 K annual income. Company’s last quarter sales were recorded 12,500 K and last quarter income was -84,130 K.
