On Tuesday, Scynexis Inc (NASDAQ: SCYX) was -4.54% drop from the session before settling in for the closing price of $0.61. A 52-week range for SCYX has been $0.56 – $1.49.
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 46.02%. When this article was written, the company’s average yearly earnings per share was at 28.79%. With a float of $39.99 million, this company’s outstanding shares have now reached $41.96 million.
Considering the fact that the conglomerate employs 28 people, you should pay attention to its efficiency factor.
Scynexis Inc (SCYX) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Scynexis Inc stocks. The insider ownership of Scynexis Inc is 4.72%, while institutional ownership is 28.88%.
Scynexis Inc (SCYX) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.09 earnings per share (EPS) during the time that was less than consensus figure (set at -0.02) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.79% 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
You can see what Scynexis Inc (SCYX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.54, a number that is poised to hit 0.13 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 0.29 million, its volume of 0.73 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.28%.
During the past 100 days, Scynexis Inc’s (SCYX) raw stochastic average was set at 2.64%, which indicates a significant decrease from 7.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0227 in the past 14 days, which was lower than the 0.0552 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6672, while its 200-day Moving Average is $0.8198. Nevertheless, the first resistance level for the watch stands at $0.6098 in the near term. At $0.6350, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6509. If the price goes on to break the first support level at $0.5687, it is likely to go to the next support level at $0.5528. Should the price break the second support level, the third support level stands at $0.5276.
Scynexis Inc (NASDAQ: SCYX) Key Stats
There are 41,965K outstanding shares of the company, which has a market capitalization of 24.53 million. As of now, sales total 3,750 K while income totals -21,290 K. Its latest quarter income was 330 K while its last quarter net income were -8,590 K.
