On Monday, Scilex Holding Company (NASDAQ: SCLX) was 15.21% up from the session before settling in for the closing price of $0.52. A 52-week range for SCLX has been $0.46 – $2.63.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Healthcare sector has jumped its sales by 14.78% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 59.11%. With a float of $128.69 million, this company’s outstanding shares have now reached $191.79 million.
In an organization with 105 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 64.18%, operating margin of -195.02%, and the pretax margin is -233.86%.
Scilex Holding Company (SCLX) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Scilex Holding Company stocks. The insider ownership of Scilex Holding Company is 32.90%, while institutional ownership is 18.04%. The most recent insider transaction that took place on Oct 31 ’24, was worth 8,351. In this transaction Executive Chairperson of this company bought 8,888 shares at a rate of $0.94, taking the stock ownership to the 320,161 shares. Before that another transaction happened on Oct 29 ’24, when Company’s insider bought 32,000 for $0.99, making the entire transaction worth $31,670. This insider now owns 109,333 shares in total.
Scilex Holding Company (SCLX) 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 -0.63 earnings per share (EPS) during the time that was less than consensus figure (set at -0.17) by -0.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.11% per share during the next fiscal year.
Scilex Holding Company (NASDAQ: SCLX) Trading Performance Indicators
You can see what Scilex Holding Company (SCLX) is doing with its current performance indicators. In the most recent 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 2.14. Likewise, its price to free cash flow for the trailing twelve months is 8.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.02, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.26 in one year’s time.
Technical Analysis of Scilex Holding Company (SCLX)
Let’s dig in a bit further. During the last 5-days, its volume was 2.46 million. That was better than the volume of 1.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.07%. Additionally, its Average True Range was 0.11.
During the past 100 days, Scilex Holding Company’s (SCLX) raw stochastic average was set at 8.76%, which indicates a significant decrease from 21.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 113.05% in the past 14 days, which was higher than the 88.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8583, while its 200-day Moving Average is $1.2482. However, in the short run, Scilex Holding Company’s stock first resistance to watch stands at $0.6786. Second resistance stands at $0.7572. The third major resistance level sits at $0.8265. If the price goes on to break the first support level at $0.5307, it is likely to go to the next support level at $0.4614. Assuming the price breaks the second support level, the third support level stands at $0.3828.
Scilex Holding Company (NASDAQ: SCLX) Key Stats
There are 191,791K outstanding shares of the company, which has a market capitalization of 108.66 million. As of now, sales total 46,740 K while income totals -114,330 K. Its latest quarter income was 16,370 K while its last quarter net income were -37,580 K.
