With 11.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.67 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $2.39 whereas the lowest price it dropped to was $1.915. The 52-week range on SLRN shows that it touched its highest point at $8.89 and its lowest point at $3.05 during that stretch. It currently has a 1-year price target of $9.17. Beta for the stock currently stands at 1.96.
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 -28.57%, but this was down by -47.74% over a month. Three-month performance dropped to -51.97% while six-month performance fell -56.86%. The stock lost -70.35% in the past year, while it has lost -29.94% so far this year. A look at the trailing 12-month EPS for SLRN yields -2.68 with Next year EPS estimates of -2.13. For the next quarter, that number is -0.80. This implies an EPS growth rate of 53.95% for this year and 14.72% for next year.
Float and Shares Shorts:
At present, 99.94 million SLRN shares are outstanding with a float of 73.18 million shares on hand for trading. On 2024-12-13, short shares totaled 5.99 million, which was 596.99997 higher than short shares on 1731628800. In addition to Ms. Mina Kim J.D. as the firm’s CEO & Director, Mr. Tyler Marciniak serves as its Head of Investor Relations & Communications.
Institutional Ownership:
Through their ownership of 0.99437 of SLRN’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SLRN reported revenue of $0.0 and operating income of -$43938000.0. The EBITDA in the recently reported quarter was -$33023000.0 and diluted EPS was -$0.49.
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. With SLRN analysts setting a high price target of 20.0 and a low target of 5.0, the average target price over the next 12 months is 10.4. Based on these targets, SLRN could surge 809.09% to reach the target high and rise by 127.27% to reach the target low. Reaching the average price target will result in a growth of 372.73% from current levels.
Analysts have provided yearly estimates in a range of -$2.40621 being high and -$2.66367 being low. For SLRN, this leads to a yearly average estimate of -$2.54484.
