In last trading session, Scilex Holding Company (NASDAQ:SCLX) saw 0.67 million shares changing hands with its beta currently measuring 0.98. Company’s recent per share price level of $0.65 trading at $0.04 or 5.71% at ring of the bell on the day assigns it a market valuation of $124.66M. That closing price of SCLX’s stock is at a discount of -304.62% from its 52-week high price of $2.63 and is indicating a premium of 29.23% from its 52-week low price of $0.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.53 million shares which gives us an average trading volume of 1.97 million if we extend that period to 3-months.
For Scilex Holding Company (SCLX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.1 in the current quarter.
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Scilex Holding Company (NASDAQ:SCLX) trade information
Upright in the green during last session for gaining 5.71%, in the last five days SCLX remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $0.65 price level, adding 5.51% to its value on the day. Scilex Holding Company’s shares saw a change of -68.14% in year-to-date performance and have moved 17.86% in past 5-day. Scilex Holding Company (NASDAQ:SCLX) showed a performance of -30.98% in past 30-days. Number of shares sold short was 5.4 million shares which calculate 1.65 days to cover the short interests.
Scilex Holding Company (SCLX) estimates and forecasts
Statistics highlight that Scilex Holding Company is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -39.81% of value to its shares in past 6 months, showing an annual growth rate of 28.23% while that of industry is 17.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 30.17% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 15.64M for the same. And 4 analysts are in estimates of company making revenue of 19.14M in the next quarter. Company posted 10.12M and 13.46M of sales in current and next quarters respectively a year earlier.
Scilex Holding Company (NASDAQ:SCLX)’s Major holders
Insiders are in possession of 32.79% of company’s total shares while institution are holding 18.16 percent of that, with stock having share float percentage of 27.02%. Investors also watch the number of corporate investors in a company very closely, which is 18.16% institutions for Scilex Holding Company that are currently holding shares of the company.
On the other hand, SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 5.94 shares of worth $3.82 million or 3.10% of the total outstanding shares. The later fund manager was in possession of 2.98 shares on Jun 30, 2024 , making its stake of worth around $1.92 million in the company or a holder of 1.55% of company’s stock.
