Why Invest In Unicycive Therapeutics Inc (UNCY) Stock?

Unicycive Therapeutics Inc (NASDAQ:UNCY) has a beta value of 2.38 and has seen 1.58 million shares traded in the last trading session. The company, currently valued at $20.31M, closed the last trade at $0.54 per share which meant it gained $0.04 on the day or 7.76% during that session. The UNCY stock price is -237.04% off its 52-week high price of $1.82 and 37.04% above the 52-week low of $0.34. The 3-month trading volume is 630.68K shares.

Unicycive Therapeutics Inc (NASDAQ:UNCY) trade information

Sporting 7.76% in the green in last session, the stock has traded in the red over the last five days, when the UNCY stock price touched $0.54 or saw a rise of 18.28%. Year-to-date, Unicycive Therapeutics Inc shares have moved -37.77%, while the 5-day performance has seen it change -20.90%. Over the past 30 days, the shares of Unicycive Therapeutics Inc (NASDAQ:UNCY) have changed -35.47%.

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Unicycive Therapeutics Inc (UNCY) estimates and forecasts

Figures show that Unicycive Therapeutics Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -38.28% over the past 6 months, with this year growth rate of -93.33%, compared to 13.40% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -77.09% over the past 5 years.

UNCY Dividends

Unicycive Therapeutics Inc 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.