In last trading session, Scynexis Inc (NASDAQ:SCYX) saw 0.4 million shares changing hands with its beta currently measuring 1.57. Company’s recent per share price level of $1.00 trading at -$0.01 or -1.00% at ring of the bell on the day assigns it a market valuation of $37.95M. That closing price of SCYX’s stock is at a discount of -207.0% from its 52-week high price of $3.07 and is indicating a premium of 3.0% from its 52-week low price of $0.97. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.25 million shares which gives us an average trading volume of 160.18K if we extend that period to 3-months.
For Scynexis Inc (SCYX), 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 1 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 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
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Scynexis Inc (NASDAQ:SCYX) trade information
Upright in the red during last session for losing -1.00%, in the last five days SCYX remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $1.00 price level, adding 13.04% to its value on the day. Scynexis Inc’s shares saw a change of -55.16% in year-to-date performance and have moved -12.29% in past 5-day. Scynexis Inc (NASDAQ:SCYX) showed a performance of -15.26% in past 30-days. Number of shares sold short was 0.8 million shares which calculate 5.04 days to cover the short interests.
Scynexis Inc (SCYX) estimates and forecasts
Statistics highlight that Scynexis Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -47.37% of value to its shares in past 6 months, showing an annual growth rate of -139.57% while that of industry is 16.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -92.57% 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 7.64M for the same. And 2 analysts are in estimates of company making revenue of 6.36M in the next quarter. Company posted 5.8M and 1.37M of sales in current and next quarters respectively a year earlier.
Scynexis Inc (NASDAQ:SCYX)’s Major holders
Insiders are in possession of 1.17% of company’s total shares while institution are holding 44.31 percent of that, with stock having share float percentage of 44.84%. Investors also watch the number of corporate investors in a company very closely, which is 44.31% institutions for Scynexis Inc that are currently holding shares of the company. FEDERATED HERMES, INC. is the top institutional holder at SCYX for having 4.21 million shares of worth $8.43 million. And as of 2024-06-30, it was holding 8.7359 of the company’s outstanding shares.
The second largest institutional holder is KINGDON CAPITAL MANAGEMENT, L.L.C., which was holding about 2.24 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.6368 of outstanding shares, having a total worth of $4.47 million.
