Ensysce Biosciences Inc (NASDAQ: ENSC) is -78.38% lower on its value in year-to-date trading and has touched a low of $1.70 and a high of $14.67 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 ENSC stock was last observed hovering at around $1.88 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $1.76, the stock is -29.42% and -56.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing -6.38% at the moment leaves the stock -70.58% off its SMA200. ENSC registered -81.83% loss for a year compared to 6-month gain of -30.32%. The firm has a 50-day simple moving average (SMA 50) of $4.06564 and a 200-day simple moving average (SMA200) of $5.98232.
The stock witnessed a -52.56% loss in the last 1 month and extending the period to 3 months gives it a -74.86%, and is -6.38% 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 18.00% over the week and 14.60% over the month.
Ensysce Biosciences Inc (ENSC) has around 9 employees, a market worth around $3.02M and $5.21M in sales. Fwd P/E is 0.09. Profit margin for the company is -153.30%. Distance from 52-week low is 3.53% and -88.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-215.38%).
The EPS is expected to grow by 14.72% this year, but quarterly earnings will post -100.00% year-over-year. Quarterly sales are estimated to shrink -100.00% in year-over-year returns.
8.0 institutions hold shares in Ensysce Biosciences Inc (ENSC), with institutional investors hold 8.62% of the company’s shares. The shares outstanding are 1.72M, and float is at 1.69M with Short Float at 1.86%. Institutions hold 8.56% of the Float.
The top institutional shareholder in the company is PLANTE MORAN FINANCIAL ADVISORS, LLC with over 20.0 shares valued at $10.0. The investor’s holdings represent 0.0004 of the ENSC Shares outstanding.
