Unicycive Therapeutics Inc (NASDAQ: UNCY) is -14.20% lower on its value in year-to-date trading and has touched a low of $0.20 and a high of $1.10 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 $0.64 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $0.68, the stock is 5.20% and 10.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.3 million and changing 6.82% at the moment leaves the stock 20.55% off its SMA200. UNCY registered 4.03% gain for a year compared to 6-month loss of -14.61%.
The stock witnessed a 22.05% gain in the last 1 month and extending the period to 3 months gives it a 16.48%, and is -9.68% 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 31.08% over the week and 14.36% over the month.
Unicycive Therapeutics Inc (UNCY) has around 22 employees, a market worth around $82.20M and $0.00M in sales. Fwd P/E is 0.43. Distance from 52-week low is 237.33% and -38.05% 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 70.74% this year.
Unicycive Therapeutics Inc (UNCY) Top Institutional Holders
The shares outstanding are 119.75M, and float is at 100.03M with Short Float at 0.36%.
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.
