A new trading data show 60 Degrees Pharmaceuticals Inc (SXTP) is showing positive returns.

With 1.25 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.81 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $2.9299 whereas the lowest price it dropped to was $2.35. The 52-week range on SXTP shows that it touched its highest point at $35.99 and its lowest point at $1.41 during that stretch. It currently has a 1-year price target of $5.80. Beta for the stock currently stands at 0.44.

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 SXTP was up-trending over the past week, with a rise of 33.33%, but this was up by 48.81% over a month. Three-month performance dropped to -64.29% while six-month performance fell -51.46%. The stock lost -84.77% in the past year, while it has lost -61.24% so far this year. A look at the trailing 12-month EPS for SXTP yields -27.07 with Next year EPS estimates of -3.23. For the next quarter, that number is -1.31. This implies an EPS growth rate of 81.77% for this year and 13.65% for next year. EPS is expected to grow by 71.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.29%.

Float and Shares Shorts:

At present, 1.47 million SXTP shares are outstanding with a float of 1.38 million shares on hand for trading. On 2025-03-14, short shares totaled 51389.0, which was 349.0 higher than short shares on 1739491200. In addition to Dr. Geoffrey Stuart Dow Ph.D. as the firm’s Chairman, CEO & President, Mr. Tyrone Miller serves as its CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.02088 of SXTP’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 2024-12-31, SXTP reported revenue of $230846.0 and operating income of -$2075830.0. The EBITDA in the recently reported quarter was -$2014988.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SXTP since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 SXTP analysts setting a high price target of 5.8 and a low target of 5.8, the average target price over the next 12 months is 5.8. Based on these targets, SXTP could surge 132.0% to reach the target high and rise by 132.0% to reach the target low. Reaching the average price target will result in a growth of 132.0% from current levels.

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 -$22.11583 being high and -$31.72417 being low. For SXTP, this leads to a yearly average estimate of -$26.92. Based on analyst estimates, the high estimate for the next quarter is -$1.28 and the low estimate is -$1.28. The average estimate for the next quarter is thus -$1.28.