No matter how cynical the overall market is Soligenix Inc (SNGX) performance over the last week is recorded -55.39%

Zack King

On Friday, Soligenix Inc (NASDAQ: SNGX) was -25.93% drop from the session before, before settling in for the closing price of $1.62. A 52-week range for SNGX has been $1.09 – $6.23.

It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 46.71%. When this article was written, the company’s average yearly earnings per share was at 57.38%. With a float of $4.28 million, this company’s outstanding shares have now reached $4.29 million.

Soligenix Inc (SNGX) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Soligenix Inc stocks. The insider ownership of Soligenix Inc is 0.03%, while institutional ownership is 4.43%.

Soligenix Inc (SNGX) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.78 earnings per share (EPS) during the time that was better than consensus figure (set at -1.69) by 0.91. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.47 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 57.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 42.66% during the next five years compared to 46.71% growth over the previous five years of trading.

Soligenix Inc (NASDAQ: SNGX) Trading Performance Indicators

You can see what Soligenix Inc (SNGX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.85, a number that is poised to hit -0.56 in the next quarter and is forecasted to reach -1.30 in one year’s time.

Technical Analysis of Soligenix Inc (SNGX)

The latest stats from [Soligenix Inc, SNGX] show that its last 5-days average volume of 3.42 million was inferior to 4.01 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 1.61%.

During the past 100 days, Soligenix Inc’s (SNGX) raw stochastic average was set at 2.14%, which indicates a significant decrease from 2.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1769 in the past 14 days, which was lower than the 0.2489 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.5898, while its 200-day Moving Average is $2.2887. Now, the first resistance to watch is $1.2733. This is followed by the second major resistance level at $1.3467. The third major resistance level sits at $1.4033. If the price goes on to break the first support level at $1.1433, it is likely to go to the next support level at $1.0867. Assuming the price breaks the second support level, the third support level stands at $1.0133.

Soligenix Inc (NASDAQ: SNGX) Key Stats

There are 4,286K outstanding shares of the company, which has a market capitalization of 5.14 million. As of now, sales total 120 K while income totals -8,270 K. Its latest quarter income was 0 K while its last quarter net income were -2,700 K.

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