Scilex Holding Company (NASDAQ: SCLX) on Friday, soared 8.68% from the previous trading day, before settling in for the closing price of $0.44. Within the past 52 weeks, SCLX’s price has moved between $0.38 and $2.63.
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Annual sales at Healthcare sector company grew by 14.78% over the past five years. The company achieved an average annual earnings per share of 46.09%. With a float of $160.43 million, this company’s outstanding shares have now reached $239.15 million.
Let’s look at the performance matrix of the company that is accounted for 105 employees. 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 and Institutional Ownership
Observing investor behavior towards Drug Manufacturers – General industry stocks is more important than anything else. The insider ownership of Scilex Holding Company is 32.91%, while institutional ownership is 14.47%. The most recent insider transaction that took place on Dec 18 ’24, was worth 13,800. In this transaction an insider of this company bought 30,000 shares at a rate of $0.46, taking the stock ownership to the 139,333 shares. Before that another transaction happened on Oct 31 ’24, when Company’s Executive Chairperson bought 8,888 for $0.94, making the entire transaction worth $8,351. This insider now owns 320,161 shares in total.
Scilex Holding Company (SCLX) Latest Financial update
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
Scilex Holding Company (SCLX) is currently performing well based on its current performance indicators. A quick ratio of 0.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.43. Likewise, its price to free cash flow for the trailing twelve months is 10.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.02, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.39 in one year’s time.
Technical Analysis of Scilex Holding Company (SCLX)
Scilex Holding Company (NASDAQ: SCLX) saw its 5-day average volume 1.59 million, a positive change from its year-to-date volume of 1.48 million. As of the previous 9 days, the stock’s Stochastic %D was 50.56%. Additionally, its Average True Range was 0.06.
During the past 100 days, Scilex Holding Company’s (SCLX) raw stochastic average was set at 9.25%, which indicates a significant decrease from 58.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.01% in the past 14 days, which was lower than the 98.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6662, while its 200-day Moving Average is $1.1062. Nevertheless, the first resistance level for the watch stands at $0.4928 in the near term. At $0.5114, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.5427. If the price goes on to break the first support level at $0.4429, it is likely to go to the next support level at $0.4116. The third support level lies at $0.3930 if the price breaches the second support level.
Scilex Holding Company (NASDAQ: SCLX) Key Stats
Market capitalization of the company is 123.28 million based on 191,791K outstanding shares. Right now, sales total 46,740 K and income totals -114,330 K. The company made 16,370 K in profit during its latest quarter, and -37,580 K in sales during its previous quarter.
