In recent trading session, Soleno Therapeutics Inc (NASDAQ:SLNO) saw 0.82 million shares changing hands at last check today with its beta currently measuring -1.38. Company’s recent per share price level of $46.31 trading at -$2.92 or -5.93% at last check today assigns it a market valuation of $1.55B. That most recent trading price of SLNO’s stock is at a discount of -16.22% from its 52-week high price of $53.82 and is indicating a premium of 92.49% from its 52-week low price of $3.48. Taking a look at company’s average trading volume of 382.25K if we extend that period to 3-months.
Soleno Therapeutics Inc (NASDAQ:SLNO) trade information
Upright in the red during last session for losing -5.93%, in the last five days SLNO remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $46.31 price level, adding 13.92% to its value on the day. Soleno Therapeutics Inc’s shares saw a change of 15.06% in year-to-date performance and have moved 22.23% in past 5-day. Soleno Therapeutics Inc (NASDAQ:SLNO) showed a performance of 12.17% in past 30-days.
Soleno Therapeutics Inc (SLNO) estimates and forecasts
Statistics highlight that Soleno Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 92.89% of value to its shares in past 6 months, showing an annual growth rate of 47.88% while that of industry is 11.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
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 24.34% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 33.76% while estimates for its earnings growth in next 5 years are of 15.00%.
SLNO Dividends
Soleno Therapeutics Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
