With 1.44 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.24 million shares. The 52-week range on SLRN shows that it touched its highest point at $8.70 and its lowest point at $1.85 during that stretch. It currently has a 1-year price target of $14.00. Beta for the stock currently stands at 1.09.
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 -1.12%, but this was up by 36.60% over a month. Three-month performance dropped to -38.37% while six-month performance fell -40.72%. The stock lost -67.24% in the past year, while it has lost -15.61% so far this year. A look at the trailing 12-month EPS for SLRN yields -2.68 with Next year EPS estimates of -2.19. For the next quarter, that number is -0.84. This implies an EPS growth rate of 53.50% for this year and 13.37% for next year.
Float and Shares Shorts:
At present, 99.94 million SLRN shares are outstanding with a float of 72.87 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 -$2.39422 being high and -$2.65578 being low. For SLRN, this leads to a yearly average estimate of -$2.525.
