Currently, Scilex Holding Company [SCLX] is trading at $0.44, up 2.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SCLX shares have gain 3.98% over the last week, with a monthly amount drifted -31.94%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Scilex Holding Company [NASDAQ: SCLX] stock has seen the most recent analyst activity on October 16, 2024, when Alliance Global Partners initiated its Buy rating and assigned the stock a price target of $14. Previously, Rodman & Renshaw started tracking the stock with Buy rating on June 13, 2024, and set its price target to $13. On October 16, 2023, B. Riley Securities initiated with a Buy rating and assigned a price target of $4 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $4 on October 13, 2023. H.C. Wainwright initiated its recommendation with a Buy and recommended $12 as its price target on October 09, 2023.
This stock has fluctuated between a low of $0.38 and a high of $2.63 over the last 52 weeks. Scilex Holding Company [NASDAQ: SCLX] shares were valued at $0.44 at the most recent close of the market.
Analyzing the SCLX fundamentals
Trailing Twelve Months sales for Scilex Holding Company [NASDAQ:SCLX] were 50.83M which represents 30.11% growth. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -1.95%, Pretax Profit Margin comes in at -2.34%, and Net Profit Margin reading is -2.34%. To continue investigating profitability, this company’s Return on Assets is posted at -1.14, Equity is 0.64 and Total Capital is 0.66. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.49.
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 0.4201 points at the first support level, and at 0.4039 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4586, and for the 2nd resistance point, it is at 0.4809.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Scilex Holding Company [NASDAQ:SCLX] is 0.20. As well, the Quick Ratio is 0.19, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 2.05.
Transactions by insiders
Recent insider trading involved SHAH JAISIM,, that happened on Dec 18 ’24 when 30000.0 shares were purchased. Executive Chairperson, Ji Henry completed a deal on Oct 31 ’24 to buy 8888.0 shares. Meanwhile, SHAH JAISIM bought 32000.0 shares on Oct 29 ’24.
