Scilex Holding Company (NASDAQ:SCLX)’s traded shares stood at 1.38 million during the last session, with the company’s beta value hitting 1.02. At the close of trading, the stock’s price was $0.42, to imply a decrease of -8.12% or -$0.04 in intraday trading. The SCLX share’s 52-week high remains $2.63, putting it -526.19% down since that peak but still an impressive -2.38% since price per share fell to its 52-week low of $0.43. The company has a valuation of $92.22M, with an average of 1.33 million shares in intraday trading volume over the past 10 days and average of 2.09 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Scilex Holding Company (SCLX), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give SCLX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy.
Scilex Holding Company (NASDAQ:SCLX) trade information
After registering a -8.12% downside in the last session, Scilex Holding Company (SCLX) has traded red over the past five days. The 5-day price performance for the stock is -14.83%, and -17.49% over 30 days. With these gigs, the year-to-date price performance is -78.94%. Short interest in Scilex Holding Company (NASDAQ:SCLX) saw shorts transact 6.14 million shares and set a 2.23 days time to cover.
Scilex Holding Company (SCLX) estimates and forecasts
Looking at statistics comparing Scilex Holding Company share performance against respective industry, we note that the company has outperformed competitors. Scilex Holding Company (SCLX) shares are -71.35% down over the last 6 months, with its year-to-date growth rate higher than industry average at 28.23% against 16.70%.
SCLX Dividends
Scilex Holding Company 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.
Scilex Holding Company (NASDAQ:SCLX)’s Major holders
Scilex Holding Company insiders hold 26.31% of total outstanding shares, with institutional holders owning 14.46% of the shares at 19.62% float percentage. In total, 14.46% institutions holds shares in the company.
