Scilex Holding Company (SCLX): What Makes The Stock Attractive?

Scilex Holding Company (NASDAQ:SCLX) has a beta value of 1.22 and has seen 1.13 million shares traded in the last trading session. The company, currently valued at $349.70M, closed the last trade at $1.93 per share which meant it gained $0.14 on the day or 7.82% during that session. The SCLX stock price is -246.11% off its 52-week high price of $6.68 and 62.18% above the 52-week low of $0.73. The 3-month trading volume is 1.12 million shares.

Scilex Holding Company (NASDAQ:SCLX) trade information

Sporting 7.82% in the green in last session, the stock has traded in the green over the last five days, when the SCLX stock price touched $1.93 or saw a rise of 1.02%. Year-to-date, Scilex Holding Company shares have moved -5.39%, while the 5-day performance has seen it change 10.29%. Over the past 30 days, the shares of Scilex Holding Company (NASDAQ:SCLX) have changed 69.30%.

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Scilex Holding Company (SCLX) estimates and forecasts

Figures show that Scilex Holding Company shares have outperformed across the wider relevant industry. The company’s shares have gained 14.20% over the past 6 months, with this year growth rate of 40.32%, compared to 15.50% for the industry. Revenue growth from the last financial year stood is estimated to be 28.60%.

3 analysts offering their estimates for the company have set an average revenue estimate of 13.17M for the current quarter. 3 have an estimated revenue figure of 16.03M for the next ending quarter.

SCLX Dividends

Scilex Holding Company is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.