At the time of writing, Soligenix Inc [SNGX] stock is trading at $0.47, up 0.43%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SNGX shares have gain 1.48% over the last week, with a monthly amount drifted -23.87%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Soligenix Inc [NASDAQ: SNGX] stock has seen the most recent analyst activity on July 28, 2020, when Dawson James downgraded its rating to a Neutral. Previously, H.C. Wainwright downgraded its rating to Neutral on January 31, 2018, and dropped its price target to $2.70. On August 14, 2017, Maxim Group reiterated its Buy rating and revised its price target to $5 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $11 on July 17, 2017.
For the past year, the stock price of Soligenix Inc fluctuated between $0.37 and $4.20. Soligenix Inc [NASDAQ: SNGX] shares were valued at $0.47 at the most recent close of the market.
Analyzing the SNGX fundamentals
According to Soligenix Inc [NASDAQ:SNGX], the company’s sales were 0.00M for trailing twelve months, which represents an -100.00% plunge. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -9.46%, Pretax Profit Margin comes in at -9.43%, and Net Profit Margin reading is -7.32%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is -2.68 and Total Capital is -2.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4180 points at the first support level, and at 0.3640 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5680, and for the 2nd resistance point, it is at 0.6640.
Ratios To Look Out For
It is important to note that Soligenix Inc [NASDAQ:SNGX] has a current ratio of 1.55. Also, the Quick Ratio is 1.55, while the Cash Ratio stands at 1.37.
