With 0.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.92 million shares. The 52-week range on SLRN shows that it touched its highest point at $7.25 and its lowest point at $1.85 during that stretch. It currently has a 1-year price target of $8.00. Beta for the stock currently stands at 1.08.
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 SLRN was down-trending over the past week, with a drop of -2.02%, but this was up by 4.76% over a month. Three-month performance surged to 24.74% while six-month performance fell -56.94%. The stock lost -44.37% in the past year, while it has lost -22.93% so far this year. A look at the trailing 12-month EPS for SLRN yields -2.50 with Next year EPS estimates of -1.33.
Float and Shares Shorts:
At present, 100.45 million SLRN shares are outstanding with a float of 73.31 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 SLRN since 14 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 -$2.40845 being high and -$2.67155 being low. For SLRN, this leads to a yearly average estimate of -$2.54. Based on analyst estimates, the high estimate for the next quarter is -$0.71 and the low estimate is -$0.71. The average estimate for the next quarter is thus -$0.71.
