SELLAS Life Sciences Group Inc (NASDAQ: SLS) is -9.25% lower on its value in year-to-date trading and has touched a low of $0.50 and a high of $1.72 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 SLS stock was last observed hovering at around $0.91 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $0.93, the stock is -8.19% and -18.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.52 million and changing 2.24% at the moment leaves the stock -25.00% off its SMA200. SLS registered -5.69% loss for a year compared to 6-month gain of -14.11%. The firm has a 50-day simple moving average (SMA 50) of $1.141 and a 200-day simple moving average (SMA200) of $1.2414.
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The stock witnessed a -17.78% loss in the last 1 month and extending the period to 3 months gives it a -23.65%, and is 9.11% 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 8.78% over the week and 10.47% over the month.
SELLAS Life Sciences Group Inc (SLS) has around 16 employees, a market worth around $66.89M and $0.00M in sales. Distance from 52-week low is 86.42% and -45.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-203.12%).
The EPS is expected to grow by 59.95% this year
35.0 institutions hold shares in SELLAS Life Sciences Group Inc (SLS), with institutional investors hold 7.38% of the company’s shares. The shares outstanding are 70.38M, and float is at 69.73M with Short Float at 10.69%. Institutions hold 7.36% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.79 million shares valued at $2.13 million. The investor’s holdings represent 3.9862 of the SLS Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 1.64 million shares valued at $1.95 million to account for 3.6594 of the shares outstanding. The other top investors are ALYESKA INVESTMENT GROUP, L.P. which holds 1.48 million shares representing 3.3005 and valued at over $1.76 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.1537 of the shares totaling 0.52 million with a market value of $0.62 million.
