60 Degrees Pharmaceuticals Inc [NASDAQ: SXTP] traded at a low on Tuesday, posting a -3.84 loss after which it closed the day’ session at $0.34.
The results of the trading session contributed to over 3933355 shares changing hands. Over the past one week, the price volatility of 60 Degrees Pharmaceuticals Inc stands at 19.51% while the volatility over the past one month is 14.63%.
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The market cap for SXTP stock reached $4.10 million, with 12.21 million shares outstanding and 9.16 million shares in the current float. Compared to the average trading volume of 427.82K shares, SXTP reached a trading volume of 3933355 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 60 Degrees Pharmaceuticals Inc [SXTP]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SXTP shares is $1.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SXTP stock is a recommendation set at 2.00. 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.
The Average True Range (ATR) for 60 Degrees Pharmaceuticals Inc is set at 0.04, with the Price to Sales ratio for SXTP stock in the period of the last 12 months amounting to 10.78.
How has SXTP stock performed recently?
60 Degrees Pharmaceuticals Inc [SXTP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.81. With this latest performance, SXTP shares gained by 49.16% in over the last four-week period, additionally sinking by -51.28% over the last 6 months.
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 SXTP stock in for the last two-week period is set at 64.86, with the RSI for the last a single of trading hit 66.39, and the three-weeks RSI is set at 61.26 for 60 Degrees Pharmaceuticals Inc [SXTP]. The present Moving Average for the last 50 days of trading for this stock 0.2620, while it was recorded at 0.3333 for the last single week of trading, and 0.5748 for the last 200 days.
60 Degrees Pharmaceuticals Inc [SXTP]: Deeper insight into the fundamentals
60 Degrees Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.77 and a Current Ratio set at 7.16.
Insider trade positions for 60 Degrees Pharmaceuticals Inc [SXTP]
The top three institutional holders of SXTP stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in SXTP stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in SXTP stock with ownership which is approximately 5.8386%.
