Unicycive Therapeutics Inc (NASDAQ: UNCY) is -30.68% lower on its value in year-to-date trading and has touched a low of $0.20 and a high of $1.73 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 $0.56 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.55, the stock is -2.78% and -12.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing -1.98% at the moment leaves the stock 0.76% off its SMA200. UNCY registered -63.05% loss for a year compared to 6-month gain of 73.17%.
The stock witnessed a -8.45% loss in the last 1 month and extending the period to 3 months gives it a -25.21%, and is -2.48% 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 14.33% over the week and 9.83% over the month.
Unicycive Therapeutics Inc (UNCY) has around 14 employees, a market worth around $57.14M and $0.00M in sales. Distance from 52-week low is 172.52% and -68.18% 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, but quarterly earnings will post -100.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
The shares outstanding are 97.86M, and float is at 86.07M with Short Float at 0.92%.
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.
