Wall Street Pummels Soligenix Inc. (SNGX) After Recent Earnings Report – News Heater
Home  »  Hot Stocks   »  Wall Street Pummels Soligenix Inc. (SNGX) After Re...

Wall Street Pummels Soligenix Inc. (SNGX) After Recent Earnings Report

Soligenix Inc. (NASDAQ:SNGX) went up by 3.58% from its latest closing price compared to the recent 1-year high of $1.32. The company’s stock price has collected 8.27% of gains in the last five trading sessions.

Is It Worth Investing in Soligenix Inc. (NASDAQ :SNGX) Right Now?

Plus, the 36-month beta value for SNGX is at 1.10. Opinions of the stock are interesting as 1 analysts out of 2 who provided ratings for Soligenix Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


The average price from analysts is $3.75, which is $3.26 above the current price. SNGX currently public float of 42.92M and currently shorts hold a 1.55% ratio of that float. Today, the average trading volume of SNGX was 130.71K shares.

SNGX’s Market Performance

SNGX stocks went up by 8.27% for the week, with a monthly jump of 14.87% and a quarterly performance of -15.69%, while its annual performance rate touched -47.49%. The volatility ratio for the week stands at 14.37% while the volatility levels for the past 30 days are set at 11.95% for Soligenix Inc.. The simple moving average for the period of the last 20 days is 10.12% for SNGX stocks with a simple moving average of -17.77% for the last 200 days.

Analysts’ Opinion of SNGX

H.C. Wainwright, on the other hand, stated in their research note that they expect to see SNGX reach a price target of $2.70, previously predicting the price at $5.50. The rating they have provided for SNGX stocks is “Neutral” according to the report published on January 31st, 2018.

Maxim Group gave a rating of “Buy” to SNGX, setting the target price at $5 in the report published on August 14th of the previous year.

SNGX Trading at 11.00% from the 50-Day Moving Average

After a stumble in the market that brought SNGX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.03% of loss for the given period.

Volatility was left at 11.95%, however, over the last 30 days, the volatility rate increased by 14.37%, as shares surge +7.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.53% lower at present.

During the last 5 trading sessions, SNGX rose by +8.82%, which changed the moving average for the period of 200-days by -43.94% in comparison to the 20-day moving average, which settled at $0.5650. In addition, Soligenix Inc. saw -9.34% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SNGX starting from Straube Richard, who purchase 8,000 shares at the price of $0.50 back on May 18. After this action, Straube Richard now owns 8,000 shares of Soligenix Inc., valued at $4,000 using the latest closing price.

SCHABER CHRISTOPHER J, the CHAIRMAN, CEO AND PRESIDENT of Soligenix Inc., purchase 20,000 shares at $0.44 during a trade that took place back on May 18, which means that SCHABER CHRISTOPHER J is holding 90,095 shares at $8,866 based on the most recent closing price.

Stock Fundamentals for SNGX

Current profitability levels for the company are sitting at:

  • -40725.20 for the present operating margin
  • -2140.72 for the gross margin

The net margin for Soligenix Inc. stands at -37632.97. Equity return is now at value -121.30, with -52.90 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 4.22.