Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) currently has a daily average trading volume of 30.15M but it saw 15159122 shares traded in last market. With a market cap of 23.06M USD, the company’s current market price of $0.17 came falling about -6.67 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.14 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.162 while lowest mark touched by it was $0.1808.
Taking a look at 20-day trading activity of Tonix Pharmaceuticals Holding Corp (TNXP) gives us an average price of $0.1514, while its current price level is -99.24% below from 52-week high level whereas it is 42.37% 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 $0.2074 while that of 200 days or SMA-200 reads an average of $4.5502. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.18% during that period while stretching the period over a month that decreases to 13.79%. 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 46.30 which implies that the stock is in neutral territory.
ROTH Capital upgraded its recommendation for the stock as a “Buy” from “Neutral” on April 18, 2019 while assigning a price target of $4. ROTH Capital issued its recommendations for the stock as it upgraded the price target for the stock is $6.
Over the week, TNXP’s stock price is moving 5.66% up while it is 29.23% when we observe its performance for the past one month. Year-to-date it is -98.70% down and over the past year, the stock is showing a downside performance of -99.05%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -58.56 beaten by the consensus estimate of -47.68 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-07, for which analysts forecasted an EPS of -2.93 while estimate for next year EPS is -14.38. In next quarter, company is expected to be making quarterly sales of $3.4M as analysts are expecting the sales for current fiscal year at $12.38M and seeing the company making $15.62M in sales next year. Moreover, analysts are in estimates of $3.08M for current-quarter revenue.
Currently, Tonix Pharmaceuticals Holding Corp’s total number of outstanding shares is 137.26M. Company’s return on investment (ROI) stands at -308.74% and return on equity (ROE) at -163.24%. Stock’s beta reads 2.09. Stock has a price to book (P/B) ratio of 0.04 while price to sale or P/S ratio amounts to 1.85. Its return on asset (ROA) is -129.55% on average.
