Soligenix Inc [NASDAQ: SNGX] price plunged by -1.30 percent to reach at -$0.04.
A sum of 4923745 shares traded at recent session while its average daily volume was at 11.03M shares. Soligenix Inc shares reached a high of $3.11 and dropped to a low of $2.7201 until finishing in the latest session at $3.04.
The one-year SNGX stock forecast points to a potential upside of 69.6. The average equity rating for SNGX stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 5.83, with the Price to Cash per share for the same quarter was set at 1.19.
SNGX Stock Performance Analysis:
Soligenix Inc [SNGX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.33. With this latest performance, SNGX shares gained by 2.01% in over the last four-week period, additionally plugging by 33.94% over the last 6 months – not to mention a rise of 12.80% 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 SNGX stock in for the last two-week period is set at 52.81, with the RSI for the last a single of trading hit 0.45, and the three-weeks RSI is set at 0.47 for Soligenix Inc [SNGX]. The present Moving Average for the last 50 days of trading for this stock 2.22, while it was recorded at 3.08 for the last single week of trading, and 2.36 for the last 200 days.
Soligenix Inc (SNGX) Capital Structure & Debt Analysis
According to recent financial data for Soligenix Inc. ( SNGX), the Return on Equity (ROE) stands at -402.19%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -136.26%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Soligenix Inc’s Return on Invested Capital (ROIC) is -499.43%, showcasing its effectiveness in deploying capital for earnings.
Soligenix Inc (SNGX) Efficiency & Liquidity Metrics
Based on Soligenix Inc’s (SNGX) latest financial statements, the Debt-to-Equity Ratio is 0.22%, indicating its reliance on debt financing relative to shareholder equity.
Soligenix Inc (SNGX) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Soligenix Inc. (SNGX) effectively leverages its workforce, generating an average of -$665625.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.46% and a Quick Ratio of 1.46%, indicating strong ability to cover short-term liabilities.
SNGX Stock EPS
With the latest financial reports released by the company, Soligenix Inc posted -0.78/share EPS, while the average EPS was predicted by analysts to be reported at -1.69/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.91. 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 SNGX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Soligenix Inc go to 42.66%.
Soligenix Inc [SNGX] Institutonal Ownership Details
There are presently around $4.43%, or 4.43%% of SNGX stock, in the hands of institutional investors.
