In the latest trading session, 0.35 million Scilex Holding Company (NASDAQ:SCLX) shares changed hands as the company’s beta touched 1.10. With the company’s most recent per share price at $0.29 changed hands at -$0.03 or -9.05% at last look, the market valuation stands at $69.95M. SCLX’s current price is a discount, trading about -806.9% off its 52-week high of $2.63. The share price had its 52-week low at $0.30, which suggests the last value was -3.45% down since then.
Analysts gave the Scilex Holding Company (SCLX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SCLX as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Scilex Holding Company’s EPS for the current quarter is expected to be -0.09.
Scilex Holding Company (NASDAQ:SCLX) trade information
Instantly SCLX was in red as seen in intraday trades today. With action -18.67%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -32.58%, with the 5-day performance at -18.67% in the red. However, in the 30-day time frame, Scilex Holding Company (NASDAQ:SCLX) is -34.72% down.
Scilex Holding Company (SCLX) estimates and forecasts
Year-over-year growth is forecast to reach 21.99% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 15.31M. 3 analysts are of the opinion that Scilex Holding Company’s revenue for the current quarter will be 17.13M. The company’s revenue for the corresponding quarters a year ago was 13.46M and 10.88M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 13.72%. The estimates for the next quarter sales put growth at 57.42%. The 2025 estimates are for Scilex Holding Company earnings to increase by 48.12%.
Scilex Holding Company (NASDAQ:SCLX)’s Major holders
Among Mutual Funds, the top two as of Nov 30, 2024 were SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF and Vanguard Total Stock Market Index Fund. With 5.94 shares estimated at $1.71 million under it, the former controlled 2.44% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.53% of the shares, roughly 3.71 shares worth around $1.07 million.
