With 1.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.52 million shares. The 52-week range on TNXP shows that it touched its highest point at $558.08 and its lowest point at $6.76 during that stretch. It currently has a 1-year price target of $60.00. Beta for the stock currently stands at 2.15.
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 TNXP was up-trending over the past week, with a rise of 50.68%, but this was up by 120.88% over a month. Three-month performance surged to 406.11% while six-month performance rose 107.19%. The stock lost -92.69% in the past year, while it has gained 20.62% so far this year. A look at the trailing 12-month EPS for TNXP yields -32.12 with Next year EPS estimates of -6.08. For the next quarter, that number is -6.83. This implies an EPS growth rate of 92.54% for this year and 53.91% for next year. EPS is expected to grow by 88.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 46.06%.
Float and Shares Shorts:
At present, 7.32 million TNXP shares are outstanding with a float of 7.32 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 TNXP since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$7.47007 being high and -$219.52993 being low. For TNXP, this leads to a yearly average estimate of -$113.5. 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.
