60 Degrees Pharmaceuticals Inc (NASDAQ: SXTP) is -37.98% lower on its value in year-to-date trading and has touched a low of $0.70 and a high of $7.20 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 SXTP stock was last observed hovering at around $1.06 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $0.80, the stock is -20.47% and -30.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.67 million and changing -24.53% at the moment leaves the stock -57.33% off its SMA200. SXTP registered -87.11% loss for a year compared to 6-month loss of -59.58%. The firm has a 50-day simple moving average (SMA 50) of $1.15136 and a 200-day simple moving average (SMA200) of $1.886995.
The stock witnessed a -37.98% gain in the last 1 month and extending the period to 3 months gives it a 2.42%, and is -8.98% 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 19.24% over the week and 14.68% over the month.
60 Degrees Pharmaceuticals Inc (SXTP) has around 3 employees, a market worth around $1.84M and $0.46M in sales. Profit margin for the company is -1773.90%. Distance from 52-week low is 14.04% and -88.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-132.63%).
with sales reaching $234k over the same period.The EPS is expected to grow by 69.05% this year, but quarterly earnings will post 145.49% year-over-year. Quarterly sales are estimated to grow 86.19% in year-over-year returns.
7.0 institutions hold shares in 60 Degrees Pharmaceuticals Inc (SXTP), with institutional investors hold 1.40% of the company’s shares. The shares outstanding are 1.86M, and float is at 1.84M with Short Float at 11.38%. Institutions hold 1.25% of the Float.
60 Degrees Pharmaceuticals Inc (SXTP) Insider Activity
The most recent transaction is an insider purchase by XU CHERYL, the company’s Director. SEC filings show that XU CHERYL bought 6,000 shares of the company’s common stock on Dec 13 ’24 at a price of $1.56 per share for a total of $9375.0. Following the purchase, the insider now owns 52078.0 shares.
60 Degrees Pharmaceuticals Inc disclosed in a document filed with the SEC on Dec 12 ’24 that XU CHERYL (Director) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Dec 12 ’24 and was made at $1.82 per share for $9125.0. Following the transaction, the insider now directly holds 46078.0 shares of the SXTP stock.
Still, SEC filings show that on Dec 16 ’24, XU CHERYL (Director) acquired 2,000 shares at an average price of $1.45 for $2900.0. The insider now directly holds 54,078 shares of 60 Degrees Pharmaceuticals Inc (SXTP).
