Scynexis Inc (NASDAQ: SCYX) on Tuesday, plunged -5.05% from the previous trading day, before settling in for the closing price of $0.75. Within the past 52 weeks, SCYX’s price has moved between $0.66 and $1.49.
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 46.02%. The company achieved an average annual earnings per share of 18.18%. With a float of $39.73 million, this company’s outstanding shares have now reached $41.92 million.
Scynexis Inc (SCYX) Insider Activity
Observing investor behavior towards Drug Manufacturers – Specialty & Generic industry stocks is more important than anything else. The insider ownership of Scynexis Inc is 5.22%, while institutional ownership is 32.65%. The most recent insider transaction that took place on Dec 18 ’24, was worth 5,792. Before that another transaction happened on Dec 18 ’24, when Company’s 10% Owner proposed sale 128,957 for $1.23, making the entire transaction worth $158,617.
Scynexis Inc (SCYX) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.06 earnings per share (EPS) for the period topping the consensus outlook (set at -0.1) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.25% during the next five years compared to 46.02% growth over the previous five years of trading.
Scynexis Inc (NASDAQ: SCYX) Trading Performance Indicators
Scynexis Inc (SCYX) is currently performing well based on its current performance indicators. A quick ratio of 5.20 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 9.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Scynexis Inc (SCYX)
Compared to the last year’s volume of 0.24 million, its volume of 0.57 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 5.53%.
During the past 100 days, Scynexis Inc’s (SCYX) raw stochastic average was set at 8.46%, which indicates a significant increase from 1.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0551 in the past 14 days, which was lower than the 0.0568 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8863, while its 200-day Moving Average is $0.9059. Nevertheless, the first resistance level for the watch stands at $0.7526 in the near term. At $0.7901, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8104. If the price goes on to break the first support level at $0.6948, it is likely to go to the next support level at $0.6745. Should the price break the second support level, the third support level stands at $0.6370.
Scynexis Inc (NASDAQ: SCYX) Key Stats
Market capitalization of the company is 29.98 million based on 41,925K outstanding shares. Right now, sales total 3,750 K and income totals -21,290 K. The company made 1,360 K in profit during its latest quarter, and -6,890 K in sales during its previous quarter.
