Tonix Pharmaceuticals Holding Corp (TNXP) Stock: A Closer Look

Tonix Pharmaceuticals Holding Corp [TNXP] stock is trading at $0.51, up 7.00%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TNXP shares have gain 13.27% over the last week, with a monthly amount drifted -14.85%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, ROTH Capital upgraded its rating to Buy on April 18, 2019, and kept the price target unchanged to $4. On August 18, 2017, upgrade upgraded it’s rating to Buy but maintained its price target of $6 on the stock. ROTH Capital downgraded its rating to a Neutral. Oppenheimer reiterated its recommendation of a Outperform and reduced its price target to $10 on February 17, 2016. In a note dated June 12, 2015, Oppenheimer initiated an Outperform rating and provided a target price of $18 on this stock.

Tonix Pharmaceuticals Holding Corp [TNXP] stock has fluctuated between $0.42 and $32.32 over the past year. Tonix Pharmaceuticals Holding Corp [NASDAQ: TNXP] shares were valued at $0.51 at the most recent close of the market.

Analyzing the TNXP fundamentals

Gross Profit Margin for this corporation currently stands at -2.6% with Operating Profit Margin at -10.32%, Pretax Profit Margin comes in at -9.62%, and Net Profit Margin reading is -9.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.73, Equity is -0.83 and Total Capital is -0.92. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.

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 0.4850 points at the first support level, and at 0.4580 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5290, and for the 2nd resistance point, it is at 0.5460.

Ratios To Look Out For

For context, Tonix Pharmaceuticals Holding Corp’s Current Ratio is 1.47. In addition, the Quick Ratio stands at 0.87 and the Cash Ratio stands at 0.34. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 0.35.

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