scPharmaceuticals Inc (NASDAQ: SCPH) Is A Chance For Risk-Tolerant Investors

scPharmaceuticals Inc (NASDAQ:SCPH)’s traded shares stood at 0.47 million during the last session, with the company’s beta value hitting 0.12. At the close of trading, the stock’s price was $5.49, to imply an increase of 3.39% or $0.18 in intraday trading. The SCPH share’s 52-week high remains $7.55, putting it -37.52% down since that peak but still an impressive 40.98% since price per share fell to its 52-week low of $3.24. The company has a valuation of $274.66M, with an average of 0.22 million shares in intraday trading volume over the past 10 days and average of 242.55K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for scPharmaceuticals Inc (SCPH), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SCPH a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.3.

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scPharmaceuticals Inc (NASDAQ:SCPH) trade information

After registering a 3.39% upside in the last session, scPharmaceuticals Inc (SCPH) has traded red over the past five days. The 5-day price performance for the stock is 7.44%, and 14.61% over 30 days. With these gigs, the year-to-date price performance is -12.44%. Short interest in scPharmaceuticals Inc (NASDAQ:SCPH) saw shorts transact 5.0 million shares and set a 15.11 days time to cover.

scPharmaceuticals Inc (SCPH) estimates and forecasts

Looking at statistics comparing scPharmaceuticals Inc share performance against respective industry, we note that the company has underperformed competitors. scPharmaceuticals Inc (SCPH) shares are 3.58% up over the last 6 months, with its year-to-date growth rate lower than industry average at 5.63% against 17.20%. Revenue is forecast to grow 26.80% this quarter before jumping 22.90% for the next one. The rating firms project that company’s revenue will grow 189.90% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 10.8M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 14.54M.Earnings reports from the last fiscal year show that sales brought in 3.8M and 6.1M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 184.50% before jumping 138.50% in the following quarter.

SCPH Dividends

scPharmaceuticals Inc has its next earnings report out on 2024-Nov-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

scPharmaceuticals Inc (NASDAQ:SCPH)’s Major holders

scPharmaceuticals Inc insiders hold 8.46% of total outstanding shares, with institutional holders owning 56.88% of the shares at 62.13% float percentage. In total, 56.88% institutions holds shares in the company, led by ORBIMED ADVISORS LLC. As of 2024-06-30, the company held over 5.56 million shares (or 14.2727% of shares), all amounting to roughly $24.18 million.

The next major institution holding the largest number of shares is RUBRIC CAPITAL MANAGEMENT LP with 3.52 million shares, or about 9.0496% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $15.33 million.