A share price of Tonix Pharmaceuticals Holding Corp [TNXP] is currently trading at $0.43, up 14.16%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TNXP shares have gain 11.75% over the last week, with a monthly amount glided 18.88%, and seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $0.12 and $12.48. Tonix Pharmaceuticals Holding Corp [NASDAQ: TNXP] shares were valued at $0.43 at the most recent close of the market.
Analyzing the TNXP fundamentals
Trailing Twelve Months sales for Tonix Pharmaceuticals Holding Corp [NASDAQ:TNXP] were 11.29M which represents -29.26% decline. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at -7.31%, Pretax Profit Margin comes in at -11.98%, and Net Profit Margin reading is -11.98%. To continue investigating profitability, this company’s Return on Assets is posted at -1.42, Equity is -1.64 and Total Capital is -1.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 0.3991 points at the first support level, and at 0.3700 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4531, and for the 2nd resistance point, it is at 0.4780.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tonix Pharmaceuticals Holding Corp [NASDAQ:TNXP] is 3.33. As well, the Quick Ratio is 2.78, while the Cash Ratio is 1.86. Considering the valuation of this stock, the price to sales ratio is 7.09, the price to book ratio is 0.90.
