With 0.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.31 million shares. The 52-week range on SLNO shows that it touched its highest point at $80.99 and its lowest point at $36.93 during that stretch. It currently has a 1-year price target of $107.67. Beta for the stock currently stands at -2.67.
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 SLNO was down-trending over the past week, with a drop of -1.46%, but this was up by 8.00% over a month. Three-month performance surged to 57.23% while six-month performance rose 35.74%. The stock gained 67.18% in the past year, while it has gained 68.14% so far this year. A look at the trailing 12-month EPS for SLNO yields -4.62 with Next year EPS estimates of 0.82. For the next quarter, that number is -0.83. This implies an EPS growth rate of 36.15% for this year and 129.28% for next year.
Float and Shares Shorts:
At present, 48.53 million SLNO shares are outstanding with a float of 41.69 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 SLNO since 3 analysts follow the stock currently. There are 3 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.
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 -$3.8168 being high and -$3.95274 being low. For SLNO, this leads to a yearly average estimate of -$3.89. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
