Trading Update: Unicycive Therapeutics Inc (UNCY) Stock Endures 8.31% Monthly Volatility

The stock of Unicycive Therapeutics Inc (UNCY) has gone up by 7.66% for the week, with a 12.28% rise in the past month and a 11.46% rise in the past quarter. The volatility ratio for the week is 7.48%, and the volatility levels for the past 30 days are 8.31% for UNCY. The simple moving average for the last 20 days is 17.34% for UNCY stock, with a simple moving average of -42.34% for the last 200 days.

Is It Worth Investing in Unicycive Therapeutics Inc (NASDAQ: UNCY) Right Now?

The stock has a 36-month beta value of 2.35. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for UNCY is 84.53M, and at present, short sellers hold a 1.24% of that float. On October 28, 2024, the average trading volume of UNCY was 2.23M shares.

UNCY) stock’s latest price update

Unicycive Therapeutics Inc (NASDAQ: UNCY) has seen a rise in its stock price by 12.77 in relation to its previous close of 0.41. However, the company has experienced a 7.66% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-28 that – Late-Breaker Poster Presentation Highlights Favorable Safety & Tolerability of OLC – – Two Publications Recently Issued Featuring OLC and UNI-494 – LOS ALTOS, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) — Unicycive Therapeutics, Inc. (Nasdaq: UNCY), a clinical-stage biotechnology company developing therapies for patients with kidney disease (the “Company” or “Unicycive”), today announced that multiple presentations were delivered at the American Society of Nephrology (ASN) Kidney Week 2024 that highlighted the extensive development progress for both oxylanthanum carbonate (OLC) and UNI-494.

Analysts’ Opinion of UNCY

Many brokerage firms have already submitted their reports for UNCY stocks, with Piper Sandler repeating the rating for UNCY by listing it as a “Overweight.” The predicted price for UNCY in the upcoming period, according to Piper Sandler is $9 based on the research report published on April 04, 2024 of the current year 2024.

UNCY Trading at 20.18% from the 50-Day Moving Average

After a stumble in the market that brought UNCY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.26% of loss for the given period.

Volatility was left at 8.31%, however, over the last 30 days, the volatility rate increased by 7.48%, as shares surge +8.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.72% upper at present.

During the last 5 trading sessions, UNCY rose by +2.56%, which changed the moving average for the period of 200-days by -50.73% in comparison to the 20-day moving average, which settled at $0.3973. In addition, Unicycive Therapeutics Inc saw -46.06% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for UNCY

Current profitability levels for the company are sitting at:

  • 106.48 for the present operating margin
  • 2.64 for the gross margin

The net margin for Unicycive Therapeutics Inc stands at 107.88. The total capital return value is set at -0.91. Equity return is now at value -700.45, with -86.30 for asset returns.

Based on Unicycive Therapeutics Inc (UNCY), the company’s capital structure generated 1.47 points at debt to capital in total, while cash flow to debt ratio is standing at -0.46. The debt to equity ratio resting at -3.14. The interest coverage ratio of the stock is -779.89.

Currently, EBITDA for the company is -20.49 million with net debt to EBITDA at -0.18. When we switch over and look at the enterprise to sales, we see a ratio of -181.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.37.

Conclusion

To sum up, Unicycive Therapeutics Inc (UNCY) has seen a mixed 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.

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