Scilex Holding Company (NASDAQ:SCLX) has a beta value of 1.15 and has seen 2.07 million shares traded in the last trading session. The company, currently valued at $188.46M, closed the last trade at $0.97 per share which meant it gained $0.01 on the day or 1.16% during that session. The SCLX stock price is -171.13% off its 52-week high price of $2.63 and 24.74% above the 52-week low of $0.73. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.24 million shares traded. The 3-month trading volume is 1.29 million shares.
The consensus among analysts is that Scilex Holding Company (SCLX) 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 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.17.
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Scilex Holding Company (NASDAQ:SCLX) trade information
Sporting 1.16% 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 SCLX stock price touched $0.97 or saw a rise of 8.49%. Year-to-date, Scilex Holding Company shares have moved -52.38%, while the 5-day performance has seen it change 12.77%. Over the past 30 days, the shares of Scilex Holding Company (NASDAQ:SCLX) have changed 13.61%. Short interest in the company has seen 12.16 million shares shorted with days to cover at 11.43.
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 12.95% over the past 6 months, with this year growth rate of 28.23%, compared to 17.50% for the industry. Revenue growth from the last financial year stood is estimated to be 30.20%.
3 analysts offering their estimates for the company have set an average revenue estimate of 15.61M for the current quarter. 3 have an estimated revenue figure of 17.94M for the next ending quarter. Year-ago sales stood 10.12M and 13.46M respectively for this quarter and the next, and analysts expect sales will grow by 54.30% for the current quarter and 30.20% for the next.
SCLX Dividends
Scilex Holding Company 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.
Scilex Holding Company (NASDAQ:SCLX)’s Major holders
Insiders own 32.79% of the company shares, while shares held by institutions stand at 21.00% with a share float percentage of 31.24%. Investors are also buoyed by the number of investors in a company, with Scilex Holding Company having a total of 145.0 institutions that hold shares in the company.
