Syndax Pharmaceuticals Inc (SNDX) with a beta value of 0.89 appears to be a promising investment opportunity.

On Monday, Syndax Pharmaceuticals Inc (NASDAQ: SNDX) was -4.73% drop from the session before settling in for the closing price of $14.37. A 52-week range for SNDX has been $12.40 – $25.34.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 2252.39%. When this article was written, the company’s average yearly earnings per share was at -22.77%. With a float of $81.08 million, this company’s outstanding shares have now reached $85.57 million.

Let’s determine the extent of company efficiency that accounts for 184 employees. 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) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Syndax Pharmaceuticals Inc stocks. The insider ownership of Syndax Pharmaceuticals Inc is 5.02%, while institutional ownership is 100.32%. 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) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -22.77% 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

You can see what Syndax Pharmaceuticals Inc (SNDX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 6.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 74.54.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.63, a number that is poised to hit -1.03 in the next quarter and is forecasted to reach -3.80 in one year’s time.

Technical Analysis of Syndax Pharmaceuticals Inc (SNDX)

Looking closely at Syndax Pharmaceuticals Inc (NASDAQ: SNDX), its last 5-days average volume was 2.53 million, which is a jump from its year-to-date volume of 2.39 million. As of the previous 9 days, the stock’s Stochastic %D was 84.89%. Additionally, its Average True Range was 0.75.

During the past 100 days, Syndax Pharmaceuticals Inc’s (SNDX) raw stochastic average was set at 12.77%, which indicates a significant decrease from 57.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.85% in the past 14 days, which was lower than the 63.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.24, while its 200-day Moving Average is $19.57. However, in the short run, Syndax Pharmaceuticals Inc’s stock first resistance to watch stands at $14.34. Second resistance stands at $14.99. The third major resistance level sits at $15.33. If the price goes on to break the first support level at $13.35, it is likely to go to the next support level at $13.01. Now, if the price goes above the second support level, the third support stands at $12.36.

Syndax Pharmaceuticals Inc (NASDAQ: SNDX) Key Stats

There are 85,358K outstanding shares of the company, which has a market capitalization of 1.19 billion. As of now, sales total 0 K while income totals -209,360 K. Its latest quarter income was 12,500 K while its last quarter net income were -84,130 K.