Soligenix Inc [NASDAQ: SNGX] gained 7.63% on the last trading session, reaching $118280.0 price per share at the time.
Soligenix Inc represents 3.26 million in outstanding shares, while the company has a total market value of $4.61 million with the latest information. SNGX stock price has been found in the range of $1.31 to $1.88.
If compared to the average trading volume of 118.28K shares, SNGX reached a trading volume of 48218270 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 Soligenix Inc [SNGX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SNGX shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SNGX 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.
Dawson James have made an estimate for Soligenix Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 28, 2020. While these analysts kept the previous recommendation, H.C. Wainwright dropped their target price from $5.50 to $2.70. The new note on the price target was released on January 31, 2018, representing the official price target for Soligenix Inc stock. Previously, the target price had yet another raise from $4 to $5, while Maxim Group kept a Buy rating on SNGX stock.
The Price to Book ratio for the last quarter was 1.24, with the Price to Cash per share for the same quarter was set at 2.23.
Trading performance analysis for SNGX stock
Soligenix Inc [SNGX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.02. With this latest performance, SNGX shares dropped by -25.40% in over the last four-week period, additionally sinking by -51.21% over the last 6 months – not to mention a drop of -47.68% in the past year of trading.
Soligenix Inc [SNGX]: A deeper dive into fundamental analysis
Return on Equity for this stock declined to -121.33%, with Return on Assets sitting at -121.33%.
An analysis of Institutional ownership at Soligenix Inc [SNGX]
There are presently around $4.46%, or 4.46%% of SNGX stock, in the hands of institutional investors.
