On Monday, Scynexis Inc (NASDAQ: SCYX) opened higher 6.20% from the last session, before settling in for the closing price of $0.59. Price fluctuations for SCYX have ranged from $0.56 to $1.49 over the past 52 weeks.
A company in the Healthcare sector has jumped its sales by 46.02% annually for the last half of the decade. Company’s average yearly earnings per share was noted 28.79% at the time writing. With a float of $39.99 million, this company’s outstanding shares have now reached $41.96 million.
Scynexis Inc (SCYX) Insider Updates
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Scynexis Inc is 4.72%, while institutional ownership is 28.88%.
Scynexis Inc (SCYX) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.09 earnings per share (EPS) for the quarter, coming under the agreed prediction (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
Check out the current performance indicators for Scynexis Inc (SCYX). In the past 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 8.93.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.79 million. That was better than the volume of 0.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 34.10%.
During the past 100 days, Scynexis Inc’s (SCYX) raw stochastic average was set at 7.85%, which indicates a significant decrease from 50.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0259 in the past 14 days, which was lower than the 0.0550 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6548, while its 200-day Moving Average is $0.8155. However, in the short run, Scynexis Inc’s stock first resistance to watch stands at $0.6496. Second resistance stands at $0.6758. The third major resistance level sits at $0.7069. If the price goes on to break the first support level at $0.5923, it is likely to go to the next support level at $0.5612. Assuming the price breaks the second support level, the third support level stands at $0.5350.
Scynexis Inc (NASDAQ: SCYX) Key Stats
There are currently 41,965K shares outstanding in the company with a market cap of 26.17 million. Presently, the company’s annual sales total 3,750 K according to its annual income of -21,290 K. Last quarter, the company’s sales amounted to 330 K and its income totaled -8,590 K.
