Unicycive Therapeutics Inc (NASDAQ: UNCY) is -2.42% lower on its value in year-to-date trading and has touched a low of $0.20 and a high of $0.92 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 $0.76 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.77, the stock is 27.69% and 29.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.67 million and changing 1.57% at the moment leaves the stock 39.99% off its SMA200. UNCY registered -11.93% loss for a year compared to 6-month loss of 12.50%. The firm has a 50-day simple moving average (SMA 50) of $0.59962 and a 200-day simple moving average (SMA200) of $0.553655.
The stock witnessed a 19.65% gain in the last 1 month and extending the period to 3 months gives it a 38.00%, and is 26.86% up 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 7.31% over the week and 6.52% over the month.
Unicycive Therapeutics Inc (UNCY) has around 22 employees, a market worth around $93.49M and $0.00M in sales. Fwd P/E is 0.43. Distance from 52-week low is 283.66% and -15.49% from its 52-week high. The company has generated returns on investments over the last 12 months (-195.79%).
The EPS is expected to grow by 71.86% this year
32.0 institutions hold shares in Unicycive Therapeutics Inc (UNCY), with institutional investors hold 55.39% of the company’s shares. The shares outstanding are 119.75M, and float is at 100.03M with Short Float at 0.67%. Institutions hold 52.50% 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.
