Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP)’s traded shares stood at 78.22 million during the last session, with the company’s beta value hitting 2.06. At the close of trading, the stock’s price was $0.39, to imply a decrease of -4.42% or -$0.01 in intraday trading. The TNXP share’s 52-week high remains $14.08, putting it -3510.26% down since that peak but still an impressive 69.23% since price per share fell to its 52-week low of $0.12. The company has a valuation of $68.83M, with an average of 400.86 million shares in intraday trading volume over the past 10 days and average of 93.68 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Tonix Pharmaceuticals Holding Corp (TNXP), translating to a mean rating of 1.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give TNXP a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -7.68.
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Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) trade information
After registering a -4.42% downside in the last session, Tonix Pharmaceuticals Holding Corp (TNXP) has traded red over the past five days. The 5-day price performance for the stock is 15.27%, and 102.58% over 30 days. With these gigs, the year-to-date price performance is -97.02%. Short interest in Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) saw shorts transact 7.67 million shares and set a 0.35 days time to cover.
Tonix Pharmaceuticals Holding Corp (TNXP) estimates and forecasts
Looking at statistics comparing Tonix Pharmaceuticals Holding Corp share performance against respective industry, we note that the company has outperformed competitors. Tonix Pharmaceuticals Holding Corp (TNXP) shares are -65.79% down over the last 6 months, with its year-to-date growth rate higher than industry average at 91.94% against 16.40%. The rating firms project that company’s revenue will grow 61.48% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 3.4M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 4.1M.Earnings reports from the last fiscal year show that sales brought in 3.78M and 2.48M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -10.03% before jumping 65.19% in the following quarter.
TNXP Dividends
Tonix Pharmaceuticals Holding Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP)’s Major holders
Tonix Pharmaceuticals Holding Corp insiders hold 0.17% of total outstanding shares, with institutional holders owning 0.23% of the shares at 0.23% float percentage. In total, 0.23% institutions holds shares in the company.