In the last trading session, 1,163,228 shares of the SenesTech, Inc.(NASDAQ:SNES) were traded, and its beta was 1.67. Most recently the company’s share price was $2.04, and it changed around $0.01 or 0% from the last close, which brings the market valuation of the company to $16.46 Million. SNES currently trades at a discount to its 52-week high of $4.24, offering almost -107.84% off that amount. The share price’s 52-week low was $1.32, which indicates that the current value has risen by an impressive 35.29% since then. We note from SenesTech, Inc.’s average daily trading volume that its 10-day average is 1.63 Million shares, with the 3-month average coming to 745.78 Million.
SenesTech, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 2. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended SNES as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. SenesTech, Inc. is expected to report earnings per share of -$0.52 for the current quarter.
SenesTech, Inc. (NASDAQ:SNES): Trading Information
Instantly SNES has showed a green trend with a performance of 0.49% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $2.45- on Tuesday, Feb 16 increased the stock’s daily price by 16.73%. The company’s shares are currently up 0.18% year-to-date, but still down -0.0769 over the last five days. On the other hand, SenesTech, Inc. (NASDAQ:SNES) is -0.04% down in the 30-day period. We can see from the shorts that 399.18 Million shares have been sold at a short interest cover period of 0.54 day(s).
The consensus price target as assigned by Wall Street analysts is $4, which translates to bears needing to increase their stock price by 96.08% from its current value. Analyst projections state that SNES is forecast to be at a low of $4 and a high of $4. In order for the stock price to hit the forecast high, the stock would need to surge +96.08% from its current level, while the stock would need to crash 96.08% from its current level to reach the projected low.
SenesTech, Inc. (SNES) projections and forecasts
SenesTech, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +20 percent over the past six months and at a 57.22% annual growth rate that is well above the industry average of 13.3%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain +75.1% in revenue this quarter, and will report an increase of 75.1% in the next quarter. The year-over-year growth rate is expected to be 165.7%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $80Million in revenue for the current quarter. 2 analysts expect SenesTech, Inc. to make $70Million in revenue for the quarter ending March 01, 2021. The company’s sales for the same quarter a year ago was $80Million. Analysts predict that the company’s current quarter sales will drop, forecast at 0%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 11.6%. SenesTech, Inc. earnings are expected to increase by 39.1% in 2021, but the outlook is positive 30% per year for the next five years.
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SenesTech, Inc. (NASDAQ:SNES)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 1.93% of SenesTech, Inc. shares, and 5.78% of them are in the hands of institutional investors. The stock currently has a share float of 5.9%. SenesTech, Inc. stock is held by 13 institutions, with Gilder, Gagnon, Howe & Co. being the largest institutional investor. By Sep 29, 2020, it held 0.82% of the shares, which is about 36.9 Thousand shares worth $69.37 Thousand.
TCI Wealth Advisors, Inc., with 0.08% or 3.4 Thousand shares worth $5.87 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.