Seelos Therapeutics Inc. (NASDAQ: SEEL) is 270.25% higher on its value in year-to-date trading and has touched a low of $0.44 and a high of $5.89 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SEEL stock was last observed hovering at around $4.95 in the last trading session, with the day’s gains setting it 0.9% off its average median price target of $13.00 for the next 12 months. It is also 61.0% off the consensus price target high of $15.00 offered by 4 analysts, but current levels are 2.5% higher than the price target low of $6.00 for the same period.
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Currently trading at $5.85, the stock is 36.03% and 64.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.03 million and changing 18.18% at the moment leaves the stock 248.28% off its SMA200. SEEL registered 1168.98% gain for a year compared to 6-month gain of 525.87%. The firm has a 50-day simple moving average (SMA 50) of $3.74 and a 200-day simple moving average (SMA200) of $1.94.
The stock witnessed a 106.71% loss in the last 1 month and extending the period to 3 months gives it a 311.97%, and is 17.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.47% over the week and 14.95% over the month.
Distance from 52-week low is 1229.98% and -0.68% from its 52-week high.
Seelos Therapeutics Inc. (SEEL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Seelos Therapeutics Inc. (SEEL) is a “Buy”. 4 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Seelos Therapeutics Inc. is expected to release its quarterly report on 08/13/2021 and quarterly earnings per share for the current quarter are estimated at -$0.09.The EPS is expected to grow by 83.10% this year.
Seelos Therapeutics Inc. (SEEL) Top Institutional Holders
37 institutions hold shares in Seelos Therapeutics Inc. (SEEL), with 5.15M shares held by insiders accounting for 7.02% while institutional investors hold 14.02% of the company’s shares. The shares outstanding are 73.25M, and float is at 68.10M with Short Float at 3.66%. Institutions hold 13.03% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 2.8 million shares valued at $4.42 million. The investor’s holdings represent 3.58% of the SEEL Shares outstanding. As of Dec 30, 2020, the second largest holder is Uniplan Investment Counsel, Inc. with 1.93 million shares valued at $3.04 million to account for 2.46% of the shares outstanding. The other top investors are Renaissance Technologies, LLC which holds 0.7 million shares representing 0.90% and valued at over $1.11 million, while Blackrock Inc. holds 0.71% of the shares totaling 0.55 million with a market value of $0.88 million.
Seelos Therapeutics Inc. (SEEL) Insider Activity
A total of 0 insider transactions have happened at Seelos Therapeutics Inc. (SEEL) in the last six months, with sales accounting for 0 and purchases happening 0 times.