Is Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) Hit More of the Losses Given A -9526.09% Dip From High?

During the recent session, Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP)’s traded shares were 19.51 million, with the beta value of the company hitting 2.21. The 52-week high for the TNXP share is $22.14, that puts it down -9526.09 from that peak though still a striking 47.83% gain since the share price plummeted to a 52-week low of $0.12. The company’s market capitalization is $42.84M, and the average intraday trading volume over the past 10 days was 35.4 million shares, and the average trade volume was 35.96 million shares over the past three months.

Tonix Pharmaceuticals Holding Corp (TNXP) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. TNXP has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.

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Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) trade information

Tonix Pharmaceuticals Holding Corp (TNXP) registered a 0.13% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.13% in intraday trading to $0.23, hitting a weekly high. The stock’s 5-day price performance is 24.90%, and it has moved by 62.32% in 30 days. Based on these gigs, the overall price performance for the year is -98.28%. The short interest in Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) is 7.67 million shares and it means that shorts have 0.35 day(s) to cover.

Tonix Pharmaceuticals Holding Corp (TNXP) estimates and forecasts

Statistics show that Tonix Pharmaceuticals Holding Corp has outperformed its competitors in share price, compared to the industry in which it operates. Tonix Pharmaceuticals Holding Corp (TNXP) shares have gone down -80.07% during the last six months, with a year-to-date growth rate more than the industry average at 91.94% against 16.40.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 79.31%. While earnings are projected to return 33.36% in 2024.

TNXP Dividends

Tonix Pharmaceuticals Holding Corp is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP)’s Major holders

Tonix Pharmaceuticals Holding Corp insiders own 0.17% of total outstanding shares while institutional holders control 0.23%, with the float percentage being 0.23%.