With 2.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.53 million shares. The 52-week range on SCLX shows that it touched its highest point at $2.30 and its lowest point at $0.21 during that stretch. It currently has a 1-year price target of $11.85. Beta for the stock currently stands at 0.94.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SCLX was up-trending over the past week, with a rise of 20.11%, but this was down by -4.48% over a month. Three-month performance dropped to -44.98% while six-month performance fell -68.47%. The stock lost -74.26% in the past year, while it has lost -17.92% so far this year. A look at the trailing 12-month EPS for SCLX yields -0.80 with Next year EPS estimates of 0.07. For the next quarter, that number is 0.15. This implies an EPS growth rate of 121.38% for this year and -54.80% for next year.
Float and Shares Shorts:
At present, 243.31 million SCLX shares are outstanding with a float of 180.22 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SCLX since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.60175 being high and -$0.72625 being low. For SCLX, this leads to a yearly average estimate of -$0.664. Based on analyst estimates, the high estimate for the next quarter is $0.65 and the low estimate is -$0.08. The average estimate for the next quarter is thus $0.28.
