With 2.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.92 million shares. The 52-week range on TNXP shows that it touched its highest point at $1216.00 and its lowest point at $6.76 during that stretch. It currently has a 1-year price target of $325.00. Beta for the stock currently stands at 2.01.
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 TNXP was up-trending over the past week, with a rise of 82.52%, but this was up by 19.84% over a month. Three-month performance dropped to -22.59% while six-month performance fell -15.18%. The stock lost -98.85% in the past year, while it has lost -59.16% so far this year. A look at the trailing 12-month EPS for TNXP yields -20.56 with Next year EPS estimates of -62.00. For the next quarter, that number is -18.50. This implies an EPS growth rate of 95.88% for this year and 45.37% for next year. EPS is expected to grow by 78.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 79.31%.
Float and Shares Shorts:
At present, 155.63 million TNXP shares are outstanding with a float of 5.59 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 TNXP since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$7.47007 being high and -$219.52993 being low. For TNXP, this leads to a yearly average estimate of -$113.5. Based on analyst estimates, the high estimate for the next quarter is -$640 and the low estimate is -$640. The average estimate for the next quarter is thus -$640.
