60 Degrees Pharmaceuticals Inc [NASDAQ: SXTP] traded at a low on Wednesday, posting a -22.14 loss after which it closed the day’ session at $1.09.
The results of the trading session contributed to over 14456999 shares changing hands. Over the past one week, the price volatility of 60 Degrees Pharmaceuticals Inc stands at 17.84% while the volatility over the past one month is 19.08%.
The market cap for SXTP stock reached $2.50 million, with 1.86 million shares outstanding and 1.86 million shares in the current float. Compared to the average trading volume of 321.73K shares, SXTP reached a trading volume of 14456999 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 $3.40 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 0.20, with the Price to Sales ratio for SXTP stock in the period of the last 12 months amounting to 5.43.
How has SXTP stock performed recently?
60 Degrees Pharmaceuticals Inc [SXTP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.50. With this latest performance, SXTP shares dropped by -5.22% in over the last four-week period, additionally sinking by -60.00% over the last 6 months – not to mention a drop of -91.67% 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 SXTP stock in for the last two-week period is set at 43.48, with the RSI for the last a single of trading hit 38.66, and the three-weeks RSI is set at 45.92 for 60 Degrees Pharmaceuticals Inc [SXTP]. The present Moving Average for the last 50 days of trading for this stock 1.1525, while it was recorded at 1.2860 for the last single week of trading, and 2.0376 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 4.91 and a Current Ratio set at 5.26.
Insider trade positions for 60 Degrees Pharmaceuticals Inc [SXTP]
There are presently around $1.25%, or 1.40%% of SXTP stock, in the hands of institutional investors.
