Market Analysts see Synthetic Biologics Inc. [SYN] gaining to $6. Time to buy?

Synthetic Biologics Inc. [AMEX: SYN] price plunged by -4.21 percent to reach at -$0.04. The company report on March 5, 2021 that Synthetic Biologics Reports 2020 Year End Operational Highlights and Financial Results.

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— Announced Washington University Has Begun Screening Patients for Enrollment in Phase 1b/2a Clinical Trial of SYN-004 (ribaxamase) in Allogeneic Hematopoietic Cell Transplant Recipients –.

— Reports $72.6M of Cash on Hand to Fund Clinical Programs and Extend Operations into 2023 –.

A sum of 34563147 shares traded at recent session while its average daily volume was at 21.98M shares. Synthetic Biologics Inc. shares reached a high of $0.97 and dropped to a low of $0.82 until finishing in the latest session at $0.88.

The one-year SYN stock forecast points to a potential upside of 29.6. The average equity rating for SYN stock is currently 2.50, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Synthetic Biologics Inc. [SYN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SYN shares is $1.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SYN stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

FBR & Co. have made an estimate for Synthetic Biologics Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 06, 2017. While these analysts kept the previous recommendation, FBR Capital raised their target price from $10 to $9. The new note on the price target was released on May 06, 2016, representing the official price target for Synthetic Biologics Inc. stock. Previously, the target price had yet another raise to $10, while FBR Capital analysts kept a Outperform rating on SYN stock.

The Average True Range (ATR) for Synthetic Biologics Inc. is set at 0.12

SYN Stock Performance Analysis:

Synthetic Biologics Inc. [SYN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 48.12. With this latest performance, SYN shares dropped by -13.73% in over the last four-week period, additionally plugging by 87.27% over the last 6 months – not to mention a rise of 179.45% 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 SYN stock in for the last two-week period is set at 58.13, with the RSI for the last a single of trading hit 63.47, and the three-weeks RSI is set at 56.19 for Synthetic Biologics Inc. [SYN]. The present Moving Average for the last 50 days of trading for this stock 0.7976, while it was recorded at 0.7699 for the last single week of trading, and 0.5338 for the last 200 days.

Insight into Synthetic Biologics Inc. Fundamentals:

Return on Total Capital for SYN is now -81.02, given the latest momentum, and Return on Invested Capital for the company is -69.24. Return on Equity for this stock declined to -69.99, with Return on Assets sitting at -64.60. When it comes to the capital structure of this company, Synthetic Biologics Inc. [SYN] has a Total Debt to Total Equity ratio set at 5.03. Additionally, SYN Total Debt to Total Capital is recorded at 4.79, with Total Debt to Total Assets ending up at 4.19.

Reflecting on the efficiency of the workforce at the company, Synthetic Biologics Inc. [SYN] managed to generate an average of -$1,391,182 per employee.Synthetic Biologics Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.70 and a Current Ratio set at 2.70.

SYN Stock EPS

With the latest financial reports released by the company, Synthetic Biologics Inc. posted -0.2/share EPS, while the average EPS was predicted by analysts to be reported at -0.27/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 25.90%. 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 SYN.

Synthetic Biologics Inc. [SYN] Insider Position Details

There are presently around $2 million, or 1.50% of SYN stock, in the hands of institutional investors. The top three institutional holders of SYN stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 1,237,733, which is approximately 43.967% of the company’s market cap and around 0.37% of the total institutional ownership; FISHER ASSET MANAGEMENT, LLC, holding 125,698 shares of the stock with an approximate value of $0.11 million in SYN stocks shares; and BRIDGEWAY CAPITAL MANAGEMENT, LLC, currently with $96000.0 in SYN stock with ownership of nearly 0% of the company’s market capitalization.

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Positions in Synthetic Biologics Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 7 institutional holders increased their position in Synthetic Biologics Inc. [AMEX:SYN] by around 579,838 shares. Additionally, 7 investors decreased positions by around 102,208 shares, while 11 investors held positions by with 1,163,652 shares. The mentioned changes placed institutional holdings at 1,845,698 shares, according to the latest SEC report filing. SYN stock had 2 new institutional investments in for a total of 120,090 shares, while 4 institutional investors sold positions of 204 shares during the same period.

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