A Detailed Analysis Of Ensysce Biosciences Inc (ENSC)

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Ensysce Biosciences Inc (NASDAQ:ENSC) has a beta value of 0.64 and has seen 142.76 million shares traded in the last trading session. The company, currently valued at $10.93M, closed the last trade at $0.65 per share which meant it gained $0.07 on the day or 12.85% during that session. The ENSC stock price is -216.92% off its 52-week high price of $2.06 and 78.46% above the 52-week low of $0.14. If we look at the company’s 10-day average daily trading volume, we find that it stood at 145.76 million shares traded. The 3-month trading volume is 22.10 million shares.

The consensus among analysts is that Ensysce Biosciences Inc (ENSC) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.29.

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Ensysce Biosciences Inc (NASDAQ:ENSC) trade information

Sporting 12.85% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ENSC stock price touched $0.65 or saw a rise of 25.3%. Year-to-date, Ensysce Biosciences Inc shares have moved -38.68%, while the 5-day performance has seen it change 83.72%. Over the past 30 days, the shares of Ensysce Biosciences Inc (NASDAQ:ENSC) have changed 180.05%. Short interest in the company has seen 0.11 million shares shorted with days to cover at 0.31.

Ensysce Biosciences Inc (ENSC) estimates and forecasts

Figures show that Ensysce Biosciences Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 15.86% over the past 6 months, with this year growth rate of 69.51%, compared to 17.50% for the industry. Revenue growth from the last financial year stood is estimated to be -52.90%.

2 analysts offering their estimates for the company have set an average revenue estimate of 250k for the current quarter. 2 have an estimated revenue figure of 240k for the next ending quarter.

ENSC Dividends

Ensysce Biosciences Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Ensysce Biosciences Inc (NASDAQ:ENSC)’s Major holders

Insiders own 1.17% of the company shares, while shares held by institutions stand at 12.06% with a share float percentage of 12.21%. Investors are also buoyed by the number of investors in a company, with Ensysce Biosciences Inc having a total of 11.0 institutions that hold shares in the company. The top two institutional holders are PLANTE MORAN FINANCIAL ADVISORS, LLC with over 20.0 shares worth more than $10.0. As of 2024-06-30, PLANTE MORAN FINANCIAL ADVISORS, LLC held 0.0004% of shares outstanding.