Unicycive Therapeutics Inc (NASDAQ: UNCY) is -6.21% lower on its value in year-to-date trading and has touched a low of $0.20 and a high of $1.82 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 UNCY stock was last observed hovering at around $0.78 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.74, the stock is 0.09% and 17.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing -4.23% at the moment leaves the stock 12.27% off its SMA200. UNCY registered -19.89% loss for a year compared to 6-month gain of 53.30%. The firm has a 50-day simple moving average (SMA 50) of $0.62884 and a 200-day simple moving average (SMA200) of $0.66716.
The stock witnessed a 2.28% loss in the last 1 month and extending the period to 3 months gives it a 106.97%, and is -6.21% down 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 9.22% over the week and 10.54% over the month.
Unicycive Therapeutics Inc (UNCY) has around 14 employees, a market worth around $77.32M and $0.00M in sales. Distance from 52-week low is 268.76% and -59.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-106.78%).
The EPS is expected to grow by 59.82% this year
25.0 institutions hold shares in Unicycive Therapeutics Inc (UNCY), with institutional investors hold 41.00% of the company’s shares. The shares outstanding are 97.86M, and float is at 87.47M with Short Float at 1.13%. Institutions hold 38.24% of the Float.
The top institutional shareholder in the company is VIVO CAPITAL, LLC with over 3.47 million shares valued at $1.74 million. The investor’s holdings represent 9.9395 of the UNCY Shares outstanding. As of 2024-06-30, the second largest holder is LOGOS GLOBAL MANAGEMENT LP with 3.47 million shares valued at $1.74 million to account for 9.9389 of the shares outstanding. The other top investors are NANTAHALA CAPITAL MANAGEMENT, LLC which holds 2.82 million shares representing 8.0783 and valued at over $1.41 million, while RA CAPITAL MANAGEMENT, L.P. holds 7.5394 of the shares totaling 2.63 million with a market value of $1.32 million.
