A new trading day began on Tuesday, with Scilex Holding Company (NASDAQ: SCLX) stock price down -8.14% from the previous day of trading, before settling in for the closing price of $0.35. SCLX’s price has ranged from $0.21 to $2.30 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 topped by 14.78%. Meanwhile, its annual earnings per share averaged 121.38%. With a float of $180.22 million, this company’s outstanding shares have now reached $243.31 million.
The extent of productivity of a business whose workforce counts for 105 workers is very important to gauge. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Drug Manufacturers – General Industry. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 121.38% per share during the next fiscal year.
Scilex Holding Company (NASDAQ: SCLX) Trading Performance Indicators
Here are Scilex Holding Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.42. Likewise, its price to free cash flow for the trailing twelve months is 6.70.
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 0.07 in one year’s time.
Technical Analysis of Scilex Holding Company (SCLX)
The latest stats from [Scilex Holding Company, SCLX] show that its last 5-days average volume of 1.67 million was superior to 1.49 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 76.83%. Additionally, its Average True Range was 0.04.
During the past 100 days, Scilex Holding Company’s (SCLX) raw stochastic average was set at 11.99%, which indicates a significant decrease from 64.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 140.40% in the past 14 days, which was higher than the 100.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3861, while its 200-day Moving Average is $0.9410. Now, the first resistance to watch is $0.3541. This is followed by the second major resistance level at $0.3866. The third major resistance level sits at $0.4137. If the price goes on to break the first support level at $0.2945, it is likely to go to the next support level at $0.2674. Assuming the price breaks the second support level, the third support level stands at $0.2349.
Scilex Holding Company (NASDAQ: SCLX) Key Stats
With a market capitalization of 78.23 million, the company has a total of 243,313K Shares Outstanding. Currently, annual sales are 46,740 K while annual income is -114,330 K. The company’s previous quarter sales were 14,440 K while its latest quarter income was -4,390 K.
