Let’s Discuss The Scienture Holdings Inc (NASDAQ: SCNX) Stock Forecast.

In the last trading session, 0.99 million shares of the Scienture Holdings Inc (NASDAQ:SCNX) were traded, and its beta was 2.68. Most recently the company’s share price was $1.91, and it changed around -$0.1 or -4.98% from the last close, which brings the market valuation of the company to $17.17M. SCNX currently trades at a discount to its 52-week high of $22.18, offering almost -1061.26% off that amount. The share price’s 52-week low was $1.00, which indicates that the current value has risen by an impressive 47.64% since then. We note from Scienture Holdings Inc’s average daily trading volume that its 10-day average is 11.85 million shares, with the 3-month average coming to 2.87 million.

Scienture Holdings Inc (NASDAQ:SCNX) trade information

Instantly SCNX has showed a red trend with a performance of -4.98% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.17 on recent trading dayincreased the stock’s daily price by 39.75%. The company’s shares are currently down -68.43% year-to-date, but still down -22.98% over the last five days. On the other hand, Scienture Holdings Inc (NASDAQ:SCNX) is -30.04% down in the 30-day period. We can see from the shorts that 16816.0 shares have been sold at a short interest cover period of 1.82 day(s).

Scienture Holdings Inc (NASDAQ:SCNX)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 33.85% of Scienture Holdings Inc shares, and 1.21% of them are in the hands of institutional investors. The stock currently has a share float of 1.83%.