Synlogic Inc. [SYBX] Revenue clocked in at $1.80 million, down -4.65% YTD: What’s Next?

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Synlogic Inc. [NASDAQ: SYBX] gained 6.96% or 0.16 points to close at $2.46 with a heavy trading volume of 1192000 shares. The company report on November 18, 2020 that Synlogic to Present at Upcoming Virtual Banking Conference.

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Synlogic, Inc. (Nasdaq: SYBX), a clinical stage company bringing the transformative potential of synthetic biology to medicine, announced that Aoife Brennan, M.B. Ch.B., Synlogic’s President and Chief Executive Officer, and other members of the executive team will present at the following virtual banking conference:.

Piper Sandler 32nd Annual Virtual Healthcare Conference: Dr. Brennan will participate in a ‘Fireside Chat’ at 10:00 am on Monday, November 23, 2020.

It opened the trading session at $2.33, the shares rose to $2.53 and dropped to $2.2842, the range by which the price of stock traded the whole day. The daily chart for SYBX points out that the company has recorded 10.81% gains over the past six months. However, it is still -82.22% lower than its most recent low trading price.

If we look at the average trading volume of 645.59K shares, SYBX reached to a volume of 1192000 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Synlogic Inc. [SYBX]:

Oppenheimer have made an estimate for Synlogic Inc. shares, keeping their opinion on the stock as Perform, with their previous recommendation back on August 21, 2019. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on April 30, 2019, representing the official price target for Synlogic Inc. stock. Previously, the target price had yet another raise to $20, while Chardan Capital Markets analysts kept a Buy rating on SYBX stock.

The Average True Range (ATR) for Synlogic Inc. is set at 0.24, with the Price to Sales ratio for SYBX stock in the period of the last 12 months amounting to 46.63. The Price to Book ratio for the last quarter was 0.74, with the Price to Cash per share for the same quarter was set at 2.99.

Trading performance analysis for SYBX stock

Synlogic Inc. [SYBX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.36. With this latest performance, SYBX shares gained by 32.97% in over the last four-week period, additionally plugging by 10.81% over the last 6 months – not to mention a rise of 4.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SYBX stock in for the last two-week period is set at 68.01, with the RSI for the last a single of trading hit 69.72, and the three-weeks RSI is set at 64.61 for Synlogic Inc. [SYBX]. The present Moving Average for the last 50 days of trading for this stock 2.06, while it was recorded at 2.41 for the last single week of trading, and 2.12 for the last 200 days.

Synlogic Inc. [SYBX]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Synlogic Inc. [SYBX] shares currently have an operating margin of -2446.45. Synlogic Inc.’s Net Margin is presently recorded at -2309.94.

Return on Total Capital for SYBX is now -35.50, given the latest momentum, and Return on Invested Capital for the company is -33.80. Return on Equity for this stock declined to -36.56, with Return on Assets sitting at -31.24. When it comes to the capital structure of this company, Synlogic Inc. [SYBX] has a Total Debt to Total Equity ratio set at 15.94. Additionally, SYBX Total Debt to Total Capital is recorded at 13.75, with Total Debt to Total Assets ending up at 13.26. Long-Term Debt to Equity for the company is recorded at 14.53, with the Long-Term Debt to Total Capital now at 12.54.

Reflecting on the efficiency of the workforce at the company, Synlogic Inc. [SYBX] managed to generate an average of -$675,961 per employee.Synlogic Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 16.40 and a Current Ratio set at 16.40.

Synlogic Inc. [SYBX]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Synlogic Inc. posted -0.37/share EPS, while the average EPS was predicted by analysts to be reported at -0.44/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 15.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SYBX.

An analysis of insider ownership at Synlogic Inc. [SYBX]

There are presently around $34 million, or 39.90% of SYBX stock, in the hands of institutional investors. The top three institutional holders of SYBX stocks are: NEA MANAGEMENT COMPANY, LLC with ownership of 4,229,410, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; ATLAS VENTURE ASSOCIATES IX, LLC, holding 2,651,963 shares of the stock with an approximate value of $6.52 million in SYBX stocks shares; and ORBIMED ADVISORS LLC, currently with $4.99 million in SYBX stock with ownership of nearly 0% of the company’s market capitalization.

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Positions in Synlogic Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 8 institutional holders increased their position in Synlogic Inc. [NASDAQ:SYBX] by around 71,056 shares. Additionally, 39 investors decreased positions by around 1,468,920 shares, while 11 investors held positions by with 12,249,718 shares. The mentioned changes placed institutional holdings at 13,789,694 shares, according to the latest SEC report filing. SYBX stock had 5 new institutional investments in for a total of 61,096 shares, while 20 institutional investors sold positions of 850,499 shares during the same period.

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