Scilex Holding Company (NASDAQ: SCLX) is -46.53% lower on its value in year-to-date trading and has touched a low of $0.27 and a high of $2.63 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 SCLX stock was last observed hovering at around $0.27 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.23, the stock is -35.05% and -44.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.97 million and changing -15.56% at the moment leaves the stock -76.37% off its SMA200. SCLX registered -88.99% loss for a year compared to 6-month loss of -80.00%.
The stock witnessed a -49.00% gain in the last 1 month and extending the period to 3 months gives it a -56.22%, and is -32.04% 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 13.32% over the week and 9.44% over the month.
Scilex Holding Company (SCLX) has around 105 employees, a market worth around $55.47M and $55.15M in sales. Fwd P/E is 1.55. Profit margin for the company is -159.10%. Distance from 52-week low is -14.61% and -91.33% from its 52-week high.
with sales reaching $15.31M over the same period.The EPS is expected to grow by 48.12% this year, but quarterly earnings will post 21.99% year-over-year. Quarterly sales are estimated to grow 13.72% in year-over-year returns.
The shares outstanding are 243.31M, and float is at 180.22M with Short Float at 3.39%.
Scilex Holding Company (SCLX) Insider Activity
The most recent transaction is an insider purchase by SHAH JAISIM,. SEC filings show that SHAH JAISIM bought 30,000 shares of the company’s common stock on Dec 18 ’24 at a price of $0.46 per share for a total of $13800.0. Following the purchase, the insider now owns 0.14 million shares.
Scilex Holding Company disclosed in a document filed with the SEC on Oct 31 ’24 that Ji Henry (Executive Chairperson) bought a total of 8,888 shares of the company’s common stock. The trade occurred on Oct 31 ’24 and was made at $0.94 per share for $8351.0. Following the transaction, the insider now directly holds 0.32 million shares of the SCLX stock.
Still, SEC filings show that on Oct 29 ’24, SHAH JAISIM acquired 32,000 shares at an average price of $0.99 for $31670.0. The insider now directly holds 109,333 shares of Scilex Holding Company (SCLX).
