Scilex Holding Company (NASDAQ:SCLX) has a beta value of 1.05 and has seen 1.53 million shares traded in the last trading session. The company, currently valued at $57.78M, closed the last trade at $0.24 per share which meant it lost -$0.01 on the day or -4.43% during that session. The SCLX stock price is -858.33% off its 52-week high price of $2.30 and 12.5% above the 52-week low of $0.21. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.07 million shares traded. The 3-month trading volume is 1.36 million shares.
The consensus among analysts is that Scilex Holding Company (SCLX) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Scilex Holding Company (NASDAQ:SCLX) trade information
Sporting -4.43% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SCLX stock price touched $0.24 or saw a rise of 15.7%. Year-to-date, Scilex Holding Company shares have moved -44.30%, while the 5-day performance has seen it change -4.70%. Over the past 30 days, the shares of Scilex Holding Company (NASDAQ:SCLX) have changed -18.50%. Short interest in the company has seen 6.05 million shares shorted with days to cover at 3.93.
Scilex Holding Company (SCLX) estimates and forecasts
The company’s shares have lost -74.75% over the past 6 months.
SCLX Dividends
Scilex Holding Company is expected to release its next earnings report on 2025-Mar-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Scilex Holding Company (NASDAQ:SCLX)’s Major holders
Insiders own 25.93% of the company shares, while shares held by institutions stand at 20.34% with a share float percentage of 27.46%. Investors are also buoyed by the number of investors in a company, with Scilex Holding Company having a total of 154.0 institutions that hold shares in the company. The top two institutional holders are ARMISTICE CAPITAL, LLC with over 11.95 million shares worth more than $23.06 million. As of 2024-06-30, ARMISTICE CAPITAL, LLC held 9.9428% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 6.71 million shares as of 2024-06-30. The firm’s total holdings are worth over $12.95 million and represent 5.5809% of shares outstanding.
