Scynexis Inc [SCYX] stock is trading at $0.82, up 16.50%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SCYX shares have gain 15.71% over the last week, with a monthly amount drifted -7.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Scynexis Inc [NASDAQ: SCYX] stock has seen the most recent analyst activity on January 22, 2021, when Guggenheim initiated its Buy rating and assigned the stock a price target of $25. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on January 06, 2021, and set its price target to $30. On July 11, 2018, upgrade upgraded it’s rating to Buy but maintained its price target of $5 on the stock. Maxim Group started tracking the stock assigning a Buy rating and suggested a price target of $6 on June 27, 2018. Guggenheim initiated its recommendation with a Buy and recommended $6 as its price target on October 24, 2017. ROTH Capital started tracking with a Buy rating for this stock on July 10, 2017, and assigned it a price target of $8.50. In a note dated May 09, 2017, Needham downgraded an Hold rating on this stock.
Scynexis Inc [SCYX] stock has fluctuated between $0.66 and $2.29 over the past year. Scynexis Inc [NASDAQ: SCYX] shares were valued at $0.82 at the most recent close of the market.
Analyzing the SCYX fundamentals
Scynexis Inc [NASDAQ:SCYX] reported sales of 2.63M for the trailing twelve months, which represents a drop of -81.28%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -15.26%, Pretax Profit Margin comes in at -11.57%, and Net Profit Margin reading is -11.42%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -0.48 and Total Capital is -0.61. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 0.7378 points at the first support level, and at 0.6566 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8651, and for the 2nd resistance point, it is at 0.9112.
Ratios To Look Out For
For context, Scynexis Inc’s Current Ratio is 5.83. Further, the Quick Ratio stands at 5.83, while the Cash Ratio is 0.78. Considering the valuation of this stock, the price to sales ratio is 12.15, the price to book ratio is 0.63.
Transactions by insiders
Recent insider trading involved Federated Hermes Kaufmann Fund, 10% Owner, that happened on Dec 18 ’24 when 4709.0 shares were purchased. 10% Owner, Federated Hermes Kaufmann Smal completed a deal on Dec 18 ’24 to buy 0.13 million shares. Meanwhile, 10% Owner Federated Hermes Kaufmann Fund bought 0.17 million shares on Dec 18 ’24.
