Market cap of Scienture Holdings Inc [SCNX] reaches 11.15M – now what?

Scienture Holdings Inc [NASDAQ: SCNX] stock went on a downward path that fall over -1.59% on Thursday, amounting to a one-week price decrease of less than -48.55%.

Over the last 12 months, SCNX stock dropped by -92.20%. The one-year Scienture Holdings Inc stock forecast points to a potential upside of 81.63. The average equity rating for SCNX stock is currently 1.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $11.15 million, with 8.61 million shares outstanding and 4.50 million shares in the current float. Compared to the average trading volume of 899.97K shares, SCNX stock reached a trading volume of 3958012 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Scienture Holdings Inc [SCNX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SCNX shares is $6.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SCNX stock is a recommendation set at 1.00. 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 Scienture Holdings Inc is set at 0.41, with the Price to Sales ratio for SCNX stock in the period of the last 12 months amounting to 4.57. The Price to Book ratio for the last quarter was 0.13, with the Price to Cash per share for the same quarter was set at 0.06.

SCNX Stock Performance Analysis:

Scienture Holdings Inc [SCNX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -48.55. With this latest performance, SCNX shares dropped by -62.08% in over the last four-week period, additionally sinking by -80.75% over the last 6 months – not to mention a drop of -92.20% 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 SCNX stock in for the last two-week period is set at 19.01, with the RSI for the last a single of trading hit 16.40, and the three-weeks RSI is set at 22.17 for Scienture Holdings Inc [SCNX]. The present Moving Average for the last 50 days of trading for this stock 3.6408, while it was recorded at 1.3500 for the last single week of trading, and 7.4472 for the last 200 days.

Insight into Scienture Holdings Inc Fundamentals:

Scienture Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.33 and a Current Ratio set at 1.33.

Scienture Holdings Inc [SCNX] Institutonal Ownership Details

There are presently around $1.21%, or 1.83%% of SCNX stock, in the hands of institutional investors.