SenesTech Inc. (NASDAQ: SNES) is -3.19% lower on its value in year-to-date trading and has touched a low of $1.30 and a high of $3.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNES stock was last observed hovering at around $1.64 in the last trading session, with the day’s gains setting it 0.03% off its average median price target of $4.00 for the next 12 months. It is also 58.25% off the consensus price target high of $4.00 offered by 1 analysts, but current levels are 58.25% higher than the price target low of $4.00 for the same period.
Currently trading at $1.67, the stock is 3.09% and -4.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing 1.83% at the moment leaves the stock -3.85% off its SMA200. SNES registered -30.73% loss for a year compared to 6-month gain of 13.61%. The firm has a 50-day simple moving average (SMA 50) of $1.8207 and a 200-day simple moving average (SMA200) of $1.7408.
The stock witnessed a -2.91% loss in the last 1 month and extending the period to 3 months gives it a -13.92%, and is 8.44% 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 5.05% over the week and 7.29% over the month.
SenesTech Inc. (SNES) has around 29 employees, a market worth around $20.22M and $0.30M in sales. Distance from 52-week low is 28.46% and -50.30% from its 52-week high. The company has generated returns on investments over the last 12 months (-168.80%).
SenesTech Inc. (SNES) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for SenesTech Inc. (SNES) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
SenesTech Inc. is expected to release its quarterly report on 08/17/2021 and quarterly earnings per share for the current quarter are estimated at -$0.16 with sales reaching $80k over the same period.The EPS is expected to grow by 63.80% this year, but quarterly earnings will post 136.40% year-over-year.
SenesTech Inc. (SNES) Top Institutional Holders
14 institutions hold shares in SenesTech Inc. (SNES), with 479.26k shares held by insiders accounting for 3.94% while institutional investors hold 6.76% of the company’s shares. The shares outstanding are 4.25M, and float is at 4.02M with Short Float at 15.78%. Institutions hold 6.50% of the Float.
The top institutional shareholder in the company is Gilder, Gagnon, Howe & Co. with over 34278.0 shares valued at $59129.0. The investor’s holdings represent 0.28% of the SNES Shares outstanding. As of Dec 30, 2020, the second largest holder is UBS Group AG with 7355.0 shares valued at $12687.0 to account for 0.06% of the shares outstanding. The other top investors are TCI Wealth Advisors, Inc. which holds 3401.0 shares representing 0.03% and valued at over $5866.0, while Bank of Montreal/Can/ holds 0.01% of the shares totaling 1500.0 with a market value of $2587.0.
SenesTech Inc. (SNES) Insider Activity
A total of 0 insider transactions have happened at SenesTech Inc. (SNES) in the last six months, with sales accounting for 0 and purchases happening 0 times.
SenesTech Inc. (SNES): Who are the competitors?
The company’s main competitors (and peers) include Pieris Pharmaceuticals Inc. (PIRS) that is trading -17.52% down over the past 12 months. Short interest in the company’s stock has fallen -248.01% from the last report on Apr 14, 2021 to stand at a total of 0.63 million short shares sold with a short interest ratio of 0.14.