Scilex Holding Company (SCLX) concluded trading on Wednesday at a closing price of $1.84, with 7.85 million shares of worth about $14.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.79% during that period and on Wednesday the price saw a loss of about -4.65%. Currently the company’s common shares owned by public are about 181.19M shares, out of which, 118.21M shares are available for trading.
Stock saw a price change of 22.68% in past 5 days and over the past one month there was a price change of 68.83%. Year-to-date (YTD), SCLX shares are showing a performance of -9.79% which decreased to -67.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.73 but also hit the highest price of $6.55 during that period. The average intraday trading volume for Scilex Holding Company shares is 1.15 million. The stock is currently trading 17.15% above its 20-day simple moving average (SMA20), while that difference is up 53.70% for SMA50 and it goes to 25.43% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Scilex Holding Company (NASDAQ: SCLX) currently have 181.19M outstanding shares and institutions hold larger chunk of about 15.96% of that.
The stock has a current market capitalization of $333.43M and its 3Y-monthly beta is at 1.23. It has posted earnings per share of -$0.89 in the same period. It has Quick Ratio of 0.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SCLX, volatility over the week remained 16.81% while standing at 15.11% over the month.
Stock’s fiscal year EPS is expected to rise by 58.01% while it is estimated to increase by 9.46% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Rodman & Renshaw on June 13, 2024 offering a Buy rating for the stock and assigned a target price of $13 to it. Coverage by B. Riley Securities stated Scilex Holding Company (SCLX) stock as a Buy in their note to investors on October 16, 2023, suggesting a price target of $4 for the stock. On October 13, 2023, B. Riley Securities Initiated their recommendations, while on October 09, 2023, H.C. Wainwright Initiated their ratings for the stock with a price target of $12.
