SenesTech Inc (NASDAQ: SNES)’s stock price has dropped by -20.80 in relation to previous closing price of 2.74. Nevertheless, the company has seen a loss of -28.85% in its stock price over the last five trading days. prnewswire.com reported 2024-08-23 that PHOENIX, Aug. 23, 2024 /PRNewswire/ — SenesTech, Inc. (NASDAQ: SNES, “SenesTech” or the “Company”), the rodent fertility control experts and inventors of the only EPA registered contraceptive for male and female rats, announced today the closing of an exercise of certain existing warrants to purchase 505,502 shares of the Company’s common stock at a reduced exercise price of $4.60 per share. In addition, the Company issued new warrants, as described below.
Is It Worth Investing in SenesTech Inc (NASDAQ: SNES) Right Now?
The stock has a 36-month beta value of 0.58. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SNES is 0.52M, and at present, short sellers hold a 11.40% of that float. On September 20, 2024, the average trading volume of SNES was 30.29K shares.
SNES’s Market Performance
SNES stock saw a decrease of -28.85% in the past week, with a monthly decline of -51.56% and a quarterly a decrease of -64.13%. The volatility ratio for the week is 22.90%, and the volatility levels for the last 30 days are 14.80% for SenesTech Inc (SNES). The simple moving average for the past 20 days is -34.25% for SNES’s stock, with a -69.51% simple moving average for the past 200 days.
SNES Trading at -47.56% from the 50-Day Moving Average
After a stumble in the market that brought SNES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.22% of loss for the given period.
Volatility was left at 14.80%, however, over the last 30 days, the volatility rate increased by 22.90%, as shares sank -54.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -63.37% lower at present.
During the last 5 trading sessions, SNES fell by -28.85%, which changed the moving average for the period of 200-days by -77.43% in comparison to the 20-day moving average, which settled at $3.17. In addition, SenesTech Inc saw -82.91% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SNES
Current profitability levels for the company are sitting at:
- -4.66 for the present operating margin
- 0.4 for the gross margin
The net margin for SenesTech Inc stands at -4.64. The total capital return value is set at -2.18. Equity return is now at value -238.88, with -179.65 for asset returns.
Based on SenesTech Inc (SNES), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at -23.92. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is -548.62.
Currently, EBITDA for the company is -7.57 million with net debt to EBITDA at 0.24. When we switch over and look at the enterprise to sales, we see a ratio of -0.35. The receivables turnover for the company is 6.29for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.68.
Conclusion
To sum up, SenesTech Inc (SNES) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
