With 12.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.68 million shares. The 52-week range on SLRN shows that it touched its highest point at $8.89 and its lowest point at $1.85 during that stretch. It currently has a 1-year price target of $10.33. Beta for the stock currently stands at 1.83.
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 up-trending over the past week, with a rise of 26.21%, but this was up by 28.71% over a month. Three-month performance dropped to -44.09% while six-month performance fell -45.38%. The stock lost -65.97% in the past year, while it has lost -17.20% so far this year. A look at the trailing 12-month EPS for SLRN yields -2.68 with Next year EPS estimates of -2.18. For the next quarter, that number is -0.82. This implies an EPS growth rate of 53.73% for this year and 13.43% for next year.
Float and Shares Shorts:
At present, 99.94 million SLRN shares are outstanding with a float of 72.60 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.38243 being high and -$2.64269 being low. For SLRN, this leads to a yearly average estimate of -$2.51256. Based on analyst estimates, the high estimate for the next quarter is -$0.5 and the low estimate is -$0.95. The average estimate for the next quarter is thus -$0.65.
