Soligenix Inc (NASDAQ:SNGX) currently has a daily average trading volume of 2.51M but it saw 6308008 shares traded in last market. With a market cap of 4.58M USD, the company’s current market price of $0.44 came falling about -14.65 while comparing to the previous closing price of $0.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.20 and as low as $0.37.
Taking a look at 20-day trading activity of Soligenix Inc (SNGX) gives us an average price of $0.5147, while its current price level is -89.64% below from 52-week high level whereas it is 17.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6309 while that of 200 days or SMA-200 reads an average of $0.5915. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.50% during that period while stretching the period over a month that decreases to 15.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.75 which implies that the stock is in neutral territory.
H.C. Wainwright downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 31, 2018 while assigning a price target range of $5.50-$2.70. Maxim Group issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $4 and $5.
Over the week, SNGX’s stock price is moving 11.99% up while it is -29.90% when we observe its performance for the past one month. Year-to-date it is -42.51% down and over the past year, the stock is showing a downside performance of -74.39%.
Currently, Soligenix Inc’s total number of outstanding shares is 10.52M. Company’s return on investment (ROI) stands at -168.46% and return on equity (ROE) at -23783.30%. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 1.79. Its return on asset (ROA) is -51.01% on average.
