Scilex Holding Company (SCLX) concluded trading on Thursday at a closing price of $0.47, with 3.22 million shares of worth about $1.51 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -75.94% during that period and on January 16, 2025 the price saw a gain of about 5.25%. Currently the company’s common shares owned by public are about 239.15M shares, out of which, 181.02M shares are available for trading.
Stock saw a price change of 3.67% in past 5 days and over the past one month there was a price change of -7.55%. Year-to-date (YTD), SCLX shares are showing a performance of 10.04% which decreased to -73.79% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.38 but also hit the highest price of $2.63 during that period. The average intraday trading volume for Scilex Holding Company shares is 2.22 million. The stock is currently trading 4.36% above its 20-day simple moving average (SMA20), while that difference is down -20.47% for SMA50 and it goes to -55.94% lower than SMA200.
Scilex Holding Company (NASDAQ: SCLX) currently have 239.15M outstanding shares and institutions hold larger chunk of about 14.48% of that.
The stock has a current market capitalization of $112.21M and its 3Y-monthly beta is at 1.07. It has posted earnings per share of -$1.02 in the same period. It has Quick Ratio of 0.19. 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 13.32% while standing at 11.94% over the month.
Analysts are in expectations that Scilex Holding Company (SCLX) stock would likely to be making an EPS of -0.1 in the current quarter, while forecast for next quarter EPS is -0.1 and it is -0.4 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.1 which is -0.1 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.63 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 46.09% while it is estimated to increase by 43.00% 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 Alliance Global Partners on October 16, 2024 offering a Buy rating for the stock and assigned a target price of $14 to it. Coverage by Rodman & Renshaw stated Scilex Holding Company (SCLX) stock as a Buy in their note to investors on June 13, 2024, suggesting a price target of $13 for the stock. On October 16, 2023, B. Riley Securities Initiated their recommendations, while on October 13, 2023, B. Riley Securities Initiated their ratings for the stock with a price target of $4. Stock get a Buy rating from H.C. Wainwright on October 09, 2023.
