In last trading session, Soliton, Inc. (NASDAQ:SOLY) saw 1,864,842 shares changing hands. Company’s recent per share price level of $8.12 trading at -$3.75 or -31.64% at recent trade assigns it a market valuation of $137.25 Million. That current price of SOLY’s stock is at a discount of -170.57% from its 52-week high price of $21.97 and is indicating a premium of 18.23% from its 52-week low price of $6.64. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 202.24 Million shares which gives us an average trading volume of 153.49 Million if we extend that period to 3-months.
For Soliton, Inc. (SOLY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2. Splitting up the data highlights that, out of 2 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 2 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.17 in the current quarter.
Soliton, Inc. (NASDAQ:SOLY) trade information
In the face of being in the red today for losing -30.8%, in the last five days SOLY remained trading in the green while hitting it’s week-highest on Tuesday, Jun 23 when the stock touched $12.89- price level, adding 35.61% to its value on the day. Soliton, Inc.’s shares saw a change of -24.41% in year-to-date performance and have moved -35.86% in past 5-day. Soliton, Inc. (NASDAQ:SOLY) showed a performance of -14.08% in past 30-days. Number of shares sold short was 1.41 Million shares which calculate 0.01 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $19 to the stock, which implies a rise of 133.99% to its current value. Analysts have been projecting $16 as a low price target for the stock while placing it at a high target of $22. It follows that stock’s current price would jump +170.94% in reaching the projected high whereas dropping to the targeted low would mean a loss of 97.04% for stock’s current value.
Soliton, Inc. (SOLY) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -38.6% while estimates for its earnings growth in next 5 years are of 0%
Soliton, Inc. (NASDAQ:SOLY)’s Major holders
Insiders are in possession of 62.5% of company’s total shares while institution are holding 11.41% percent of that, with stock having share float percentage of 30.41%. Investors also watch the number of corporate investors in a company very closely, which is 66 institutions for Soliton, Inc. that are currently holding shares of the company. University of Texas/Texas AM Investment is the top institutional holder at SOLY for having 425Thousand shares of worth $3.44 Million. And as of March 30, 2020, it was holding 2.51% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 418.05 Thousand shares on March 30, 2020. The number of shares represents firm’s hold over 2.47% of outstanding shares, having a total worth of $3.39 Million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of March 30, 2020, the former fund manager was holding 258758 shares of worth $2.1 Million or 1.53% of the total outstanding shares. The later fund manager was in possession of 134.58 Thousand shares on March 30, 2020, making its stake of worth around $1.09 Million in the company or a holder of 0.79% of company’s stock.