Viracta Therapeutics Inc (VIRX) is -3.98% away from 50-day simple Moving Average despite all headwinds

On Monday, Viracta Therapeutics Inc (NASDAQ: VIRX) opened lower -6.13% from the last session, before settling in for the closing price of $0.19. Price fluctuations for VIRX have ranged from $0.13 to $1.31 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -25.00%. Company’s average yearly earnings per share was noted 35.23% at the time writing. With a float of $28.01 million, this company’s outstanding shares have now reached $39.74 million.

The extent of productivity of a business whose workforce counts for 40 workers is very important to gauge. In terms of profitability, gross margin is 55.42%, operating margin of -6397.02%, and the pretax margin is -5865.72%.

Viracta Therapeutics Inc (VIRX) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Viracta Therapeutics Inc is 29.53%, while institutional ownership is 13.00%. The most recent insider transaction that took place on Feb 27 ’24, was worth 2,493. In this transaction CFO and COO of this company sold 3,405 shares at a rate of $0.73, taking the stock ownership to the 102,306 shares.

Viracta Therapeutics Inc (VIRX) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 35.23% per share during the next fiscal year.

Viracta Therapeutics Inc (NASDAQ: VIRX) Trading Performance Indicators

Check out the current performance indicators for Viracta Therapeutics Inc (VIRX). In the past quarter, the stock posted a quick ratio of 0.76.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.10, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.56 in one year’s time.

Technical Analysis of Viracta Therapeutics Inc (VIRX)

The latest stats from [Viracta Therapeutics Inc, VIRX] show that its last 5-days average volume of 2.12 million was inferior to 3.38 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 36.12%. Additionally, its Average True Range was 0.03.

During the past 100 days, Viracta Therapeutics Inc’s (VIRX) raw stochastic average was set at 23.10%, which indicates a significant decrease from 25.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 213.21% in the past 14 days, which was higher than the 108.98% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.1819, while its 200-day Moving Average is $0.4462. Now, the first resistance to watch is $0.1874. This is followed by the second major resistance level at $0.2003. The third major resistance level sits at $0.2106. If the price goes on to break the first support level at $0.1642, it is likely to go to the next support level at $0.1539. The third support level lies at $0.1410 if the price breaches the second support level.

Viracta Therapeutics Inc (NASDAQ: VIRX) Key Stats

There are currently 39,744K shares outstanding in the company with a market cap of 6.94 million. Presently, the company’s annual sales total 0 K according to its annual income of -51,060 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -10,550 K.