Scilex Holding Company (NASDAQ: SCLX) on Tuesday, plunged -9.71% from the previous trading day, before settling in for the closing price of $0.28. Within the past 52 weeks, SCLX’s price has moved between $0.21 and $2.30.
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Healthcare Sector giant saw their annual sales surged by 14.78% over the last five years. The company achieved an average annual earnings per share of 121.38%. With a float of $180.22 million, this company’s outstanding shares have now reached $243.31 million.
The firm has a total of 105 workers. Let’s measure their productivity. 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
Observing investor behavior towards Drug Manufacturers – General industry stocks is more important than anything else. The insider ownership of Scilex Holding Company is 25.93%, while institutional ownership is 20.29%. 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 0.28 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
Scilex Holding Company (SCLX) is currently performing well based on its current performance indicators. A quick ratio of 0.13 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10. Likewise, its price to free cash flow for the trailing twelve months is 5.20.
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)
Analysing the last 5-days average volume posted by the [Scilex Holding Company, SCLX], we can find that recorded value of 1.12 million was lower than the volume posted last year of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 19.47%. Additionally, its Average True Range was 0.04.
During the past 100 days, Scilex Holding Company’s (SCLX) raw stochastic average was set at 4.22%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.24% in the past 14 days, which was lower than the 97.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3547, while its 200-day Moving Average is $0.9002. Now, the first resistance to watch is $0.2711. This is followed by the second major resistance level at $0.2931. The third major resistance level sits at $0.3040. If the price goes on to break the first support level at $0.2382, it is likely to go to the next support level at $0.2273. Should the price break the second support level, the third support level stands at $0.2053.
Scilex Holding Company (NASDAQ: SCLX) Key Stats
Market capitalization of the company is 60.63 million based on 243,313K outstanding shares. Right now, sales total 46,740 K and income totals -114,330 K. The company made 14,440 K in profit during its latest quarter, and -4,390 K in sales during its previous quarter.
