Is Soligenix Inc (NASDAQ: SNGX)’s Stock Ready To Increase In Value?

In the last trading session, 1.01 million shares of the Soligenix Inc (NASDAQ:SNGX) were traded, and its beta was 1.91. Most recently the company’s share price was $0.43, and it changed around -$0.01 or -0.99% from the last close, which brings the market valuation of the company to $4.53M. SNGX currently trades at a discount to its 52-week high of $4.20, offering almost -876.74% off that amount. The share price’s 52-week low was $0.37, which indicates that the current value has risen by an impressive 13.95% since then. We note from Soligenix Inc’s average daily trading volume that its 3-month average coming to 2.60 million.

Soligenix Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SNGX as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Soligenix Inc is expected to report earnings per share of $StoneX Group Inc. for the current quarter.

Soligenix Inc (NASDAQ:SNGX) trade information

Instantly SNGX has showed a red trend with a performance of -0.99% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -43.08% year-to-date, but still up 11.63% over the last five days. On the other hand, Soligenix Inc (NASDAQ:SNGX) is -31.07% down in the 30-day period.

Soligenix Inc (SNGX) estimates and forecasts

Soligenix 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 fallen -15.49 percent over the past six months and at a 209.46% annual growth rate that is well above the industry average of 13.30%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 39.94%.

SNGX Dividends

Soligenix Inc’s next quarterly earnings report is expected to be released in May.