Unicycive Therapeutics Inc (NASDAQ: UNCY) is -30.94% lower on its value in year-to-date trading and has touched a low of $0.20 and a high of $1.60 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 $0.55 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.55, the stock is -8.36% and -6.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.23 million and changing 0.46% at the moment leaves the stock 4.89% off its SMA200. UNCY registered -61.10% loss for a year compared to 6-month gain of 34.47%. The firm has a 50-day simple moving average (SMA 50) of $0.58524 and a 200-day simple moving average (SMA200) of $0.522965.
The stock witnessed a 5.48% loss in the last 1 month and extending the period to 3 months gives it a -32.38%, and is -11.36% 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 10.06% over the week and 9.36% over the month.
Unicycive Therapeutics Inc (UNCY) has around 22 employees, a market worth around $65.66M and $0.00M in sales. Fwd P/E is 0.51. Distance from 52-week low is 171.53% and -65.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-579.61%).
The EPS is expected to grow by 77.14% this year
33.0 institutions hold shares in Unicycive Therapeutics Inc (UNCY), with institutional investors hold 64.33% of the company’s shares. The shares outstanding are 113.84M, and float is at 86.07M with Short Float at 1.77%. Institutions hold 60.39% 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.
