The stock of SELLAS Life Sciences Group Inc (SLS) has seen a 0.41% increase in the past week, with a -5.77% drop in the past month, and a 11.36% flourish in the past quarter. The volatility ratio for the week is 4.74%, and the volatility levels for the past 30 days are at 5.36% for SLS. The simple moving average for the last 20 days is -0.51% for SLS stock, with a simple moving average of 6.64% for the last 200 days.
Is It Worth Investing in SELLAS Life Sciences Group Inc (NASDAQ: SLS) Right Now?
The 36-month beta value for SLS is at 2.39. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SLS is 64.06M, and currently, shorts hold a 12.76% of that float. The average trading volume for SLS on October 15, 2024 was 620.51K shares.
SLS) stock’s latest price update
SELLAS Life Sciences Group Inc (NASDAQ: SLS)’s stock price has decreased by -2.00 compared to its previous closing price of 1.25. However, the company has seen a 0.41% increase in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-15 that – GPS Currently Investigated in Phase 3 REGAL Trial in Adult AML Patients – Interim Analysis Anticipated in Q4 2024 – – RPDD Provides Eligibility for GPS to Receive a Priority Review Voucher (PRV) Upon Marketing Approval that can be Transferred/Sold to Other Parties – – Recent Valuations for PRVs Remain Attractive (~$100 million/each) – NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) — SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) (“SELLAS” or the “Company”), a late-stage clinical biopharmaceutical company focused on the development of novel therapies for a broad range of cancer indications, today announced that the U.S. Food and Drug Administration (FDA) has granted Rare Pediatric Disease Designation (RPDD) to Galinpepimut-S (GPS), an immunotherapeutic targeting Wilms Tumor-1 (WT1), for the treatment of pediatric acute myeloid leukemia (AML). “GPS has already demonstrated promise in clinical settings for AML, and we believe its potential could extend to pediatric patients,” said Angelos Stergiou, MD, ScD h.c.
Analysts’ Opinion of SLS
Many brokerage firms have already submitted their reports for SLS stocks, with Cantor Fitzgerald repeating the rating for SLS by listing it as a “Overweight.” The predicted price for SLS in the upcoming period, according to Cantor Fitzgerald is $18 based on the research report published on July 21, 2021 of the previous year 2021.
H.C. Wainwright gave a rating of “Buy” to SLS, setting the target price at $11 in the report published on April 02nd of the previous year.
SLS Trading at -2.21% from the 50-Day Moving Average
After a stumble in the market that brought SLS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.78% of loss for the given period.
Volatility was left at 5.36%, however, over the last 30 days, the volatility rate increased by 4.74%, as shares sank -2.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.60% upper at present.
During the last 5 trading sessions, SLS rose by +0.41%, which changed the moving average for the period of 200-days by +12.39% in comparison to the 20-day moving average, which settled at $1.2313. In addition, SELLAS Life Sciences Group Inc saw 15.57% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SLS
The total capital return value is set at -8.25. Equity return is now at value -888.06, with -204.48 for asset returns.
Based on SELLAS Life Sciences Group Inc (SLS), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -46.47.
Currently, EBITDA for the company is 0.53 million with net debt to EBITDA at 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.
Conclusion
In conclusion, SELLAS Life Sciences Group Inc (SLS) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
