On Tuesday, Scilex Holding Company (NASDAQ: SCLX) opened lower -4.15% from the last session, before settling in for the closing price of $0.33. Price fluctuations for SCLX have ranged from $0.32 to $2.63 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 14.78%. Company’s average yearly earnings per share was noted 48.12% at the time writing. With a float of $180.22 million, this company’s outstanding shares have now reached $243.31 million.
Considering the fact that the conglomerate employs 105 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 66.3%, operating margin of -145.5%, and the pretax margin is -159.09%.
Scilex Holding Company (SCLX) Insider Activity
A key investor’s attitude towards the stock of the Drug Manufacturers – General industry is another important factor to consider. The insider ownership of Scilex Holding Company is 25.93%, while institutional ownership is 20.38%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.12% per share during the next fiscal year.
Scilex Holding Company (NASDAQ: SCLX) Trading Performance Indicators
Check out the current performance indicators for Scilex Holding Company (SCLX). In the past quarter, the stock posted a quick ratio of 0.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 6.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.80, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach 0.15 in one year’s time.
Technical Analysis of Scilex Holding Company (SCLX)
Compared to the last year’s volume of 1.3 million, its volume of 0.91 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.88%. Additionally, its Average True Range was 0.03.
During the past 100 days, Scilex Holding Company’s (SCLX) raw stochastic average was set at 1.45%, which indicates a significant decrease from 10.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.96% in the past 14 days, which was lower than the 90.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4293, while its 200-day Moving Average is $0.9739. Nevertheless, the first resistance level for the watch stands at $0.3321 in the near term. At $0.3480, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3621. If the price goes on to break the first support level at $0.3021, it is likely to go to the next support level at $0.2880. Should the price break the second support level, the third support level stands at $0.2721.
Scilex Holding Company (NASDAQ: SCLX) Key Stats
There are currently 243,313K shares outstanding in the company with a market cap of 76.91 million. Presently, the company’s annual sales total 46,740 K according to its annual income of -114,330 K. Last quarter, the company’s sales amounted to 14,440 K and its income totaled -4,390 K.
