Syndax Pharmaceuticals Inc (SNDX) with a beta value of 0.90 appears to be a promising investment opportunity.

On Friday, Syndax Pharmaceuticals Inc (NASDAQ: SNDX) opened lower -0.28% from the last session, before settling in for the closing price of $14.21. Price fluctuations for SNDX have ranged from $12.06 to $25.34 over the past 52 weeks.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 2252.39%. Company’s average yearly earnings per share was noted -16.83% at the time writing. 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

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Syndax Pharmaceuticals Inc is 5.02%, while institutional ownership is 103.82%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -16.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.72% 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

Check out the current performance indicators for Syndax Pharmaceuticals Inc (SNDX). In the past 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 75.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.63, a number that is poised to hit -0.85 in the next quarter and is forecasted to reach -3.87 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 2.76 million, which is a jump from its year-to-date volume of 2.14 million. As of the previous 9 days, the stock’s Stochastic %D was 71.60%. Additionally, its Average True Range was 0.68.

During the past 100 days, Syndax Pharmaceuticals Inc’s (SNDX) raw stochastic average was set at 20.21%, which indicates a significant decrease from 79.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.26% in the past 14 days, which was lower than the 64.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.43, while its 200-day Moving Average is $18.80. However, in the short run, Syndax Pharmaceuticals Inc’s stock first resistance to watch stands at $14.44. Second resistance stands at $14.70. The third major resistance level sits at $14.89. If the price goes on to break the first support level at $13.98, it is likely to go to the next support level at $13.79. Now, if the price goes above the second support level, the third support stands at $13.53.

Syndax Pharmaceuticals Inc (NASDAQ: SNDX) Key Stats

There are currently 85,358K shares outstanding in the company with a market cap of 1.21 billion. Presently, the company’s annual sales total 0 K according to its annual income of -209,360 K. Last quarter, the company’s sales amounted to 12,500 K and its income totaled -84,130 K.