The 36-month beta value for ENSC is also noteworthy at 0.59. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for ENSC is 0.90M, and at present, short sellers hold a 2.40% of that float. The average trading volume of ENSC on December 10, 2024 was 1.78M shares.
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ENSC) stock’s latest price update
The stock of Ensysce Biosciences Inc (NASDAQ: ENSC) has decreased by -11.97 when compared to last closing price of 8.19.Despite this, the company has seen a loss of -18.53% in its stock price over the last five trading days. accesswire.com reported 2024-12-04 that ~ $10 Million Commitment from Specialty Drug Manufacturer to Support Commercialization Efforts ~ SAN DIEGO, CA / ACCESSWIRE / December 4, 2024 / Ensysce Biosciences, Inc. (NASDAQ:ENSC) (“Ensysce” or “Company”), a clinical-stage pharmaceutical company developing innovative solutions for severe pain relief while reducing the potential for opioid abuse and overdose, today announced the initiation of a strategic partnership with a leading specialty drug manufacturer for the development and commercial launch of PF614 and PF614-MPAR drug products. This collaboration underscores a shared commitment to achieving swift regulatory approval and efficient development of the Company’s innovative drug products.
ENSC’s Market Performance
ENSC’s stock has fallen by -18.53% in the past week, with a monthly drop of -30.91% and a quarterly rise of 41.25%. The volatility ratio for the week is 13.06% while the volatility levels for the last 30 days are 14.90% for Ensysce Biosciences Inc. The simple moving average for the past 20 days is -17.08% for ENSC’s stock, with a -8.85% simple moving average for the past 200 days.
ENSC Trading at 8.87% from the 50-Day Moving Average
After a stumble in the market that brought ENSC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.67% of loss for the given period.
Volatility was left at 14.90%, however, over the last 30 days, the volatility rate increased by 13.06%, as shares sank -34.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +66.90% upper at present.
During the last 5 trading sessions, ENSC fell by -18.53%, which changed the moving average for the period of 200-days by -45.99% in comparison to the 20-day moving average, which settled at $8.70. In addition, Ensysce Biosciences Inc saw -54.65% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ENSC
Current profitability levels for the company are sitting at:
- -6.29 for the present operating margin
- -3.38 for the gross margin
The net margin for Ensysce Biosciences Inc stands at -7.91. The total capital return value is set at -0.96. Equity return is now at value -188.90, with -125.80 for asset returns.
Based on Ensysce Biosciences Inc (ENSC), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -22.06. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -3.88.
Currently, EBITDA for the company is -10.72 million with net debt to EBITDA at 0.85. When we switch over and look at the enterprise to sales, we see a ratio of 5.63. The receivables turnover for the company is 0.56for trailing twelve months and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.20.
Conclusion
In summary, Ensysce Biosciences Inc (ENSC) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
