Is Soligenix Inc (NASDAQ: SNGX) the next life-changing stock to watch out for?

In the last trading session, 87511.0 Soligenix Inc (NASDAQ:SNGX) shares changed hands as the company’s beta touched 1.91. With the company’s per share price at $4.24 changed hands at $0.42 or 10.99% during last session, the market valuation stood at $4.20M. SNGX’s last price was a discount, traded about -654.72% off its 52-week high of $32.00. The share price had its 52-week low at $3.30, which suggests the last value was 22.17% up since then. When we look at Soligenix Inc’s average trading volume, we note the 3-month average coming to 185.86K.

Soligenix Inc (NASDAQ:SNGX) trade information

Instantly SNGX was in green as seen at the end of in last trading. With action 25.82%, the performance over the past five days has been green. The jump to weekly highs of 4.78 added 10.99% to the stock’s daily price. The company’s shares are showing year-to-date downside of -65.00%, with the 5-day performance at 25.82% in the green. However, in the 30-day time frame, Soligenix Inc (NASDAQ:SNGX) is -32.50% down.

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Soligenix Inc (SNGX) estimates and forecasts

Data shows that the Soligenix Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -54.33% over the past 6 months, a 21.62% in annual growth rate that is considerably higher than the industry average of 15.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 39.94%. The 2024 estimates are for Soligenix Inc earnings to increase by 43.04%, but the outlook for the next 5-year period is at 1.00% per year.