Viracta Therapeutics Inc (NASDAQ: VIRX) is -69.44% lower on its value in year-to-date trading and has touched a low of $0.13 and a high of $1.31 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 VIRX stock was last observed hovering at around $0.16 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.17, the stock is 9.83% and -11.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.48 million and changing 10.60% at the moment leaves the stock -66.98% off its SMA200. VIRX registered -64.38% loss for a year compared to 6-month loss of -70.12%. The firm has a 50-day simple moving average (SMA 50) of $0.1974 and a 200-day simple moving average (SMA200) of $0.53025.
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The stock witnessed a -4.39% gain in the last 1 month and extending the period to 3 months gives it a -24.75%, and is 9.22% 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 20.56% over the week and 12.73% over the month.
Viracta Therapeutics Inc (VIRX) has around 40 employees, a market worth around $6.99M and $0.00M in sales. Distance from 52-week low is 32.47% and -86.70% from its 52-week high.
The EPS is expected to grow by 31.57% this year.
Viracta Therapeutics Inc (VIRX) Top Institutional Holders
49.0 institutions hold shares in Viracta Therapeutics Inc (VIRX), with institutional investors hold 51.52% of the company’s shares. The shares outstanding are 39.74M, and float is at 27.91M with Short Float at 7.53%. Institutions hold 50.06% of the Float.
The top institutional shareholder in the company is BVF INC/IL with over 3.61 million shares valued at $1.97 million. The investor’s holdings represent 9.192% of the VIRX Shares outstanding. As of 2024-06-30, the second largest holder is CITADEL ADVISORS LLC with 1.52 million shares valued at $0.83 million to account for 3.8659 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.16 million shares representing 2.9531% and valued at over $0.63 million, while SAMSARA BIOCAPITAL, LLC holds 1.7539 of the shares totaling 0.69 million with a market value of $0.37 million.
Viracta Therapeutics Inc (VIRX) Insider Activity
The most recent transaction is an insider sale by Chevallard Daniel R., the company’s CFO and COO. SEC filings show that Chevallard Daniel R. sold 3,405 shares of the company’s common stock on Feb 27 ’24 at a price of $0.73 per share for a total of $2493.0. Following the sale, the insider now owns 0.1 million shares.
