Unicycive Therapeutics Inc (NASDAQ: UNCY) is 10.10% higher on its value in year-to-date trading and has touched a low of $2.02 and a high of $11.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UNCY stock was last observed hovering at around $6.34 in the last trading session, with the day’s gains setting it 333.73%.
Currently trading at $340.07K, the stock is 5.44% and 12.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing 1829833% at the moment leaves the stock 23.85% off its SMA200. UNCY registered -10.48% loss for a year compared to 6-month loss of 1.64%.
The stock witnessed a 24.74% gain in the last 1 month and extending the period to 3 months gives it a 4.56%, and is 4.34% 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 9.04% over the week and 14.79% over the month.
Unicycive Therapeutics Inc (UNCY) has around 22 employees, a market worth around $80.95M and $0.00M in sales. Fwd P/E is 0.45. Distance from 52-week low is 251.98% and -35.36% 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 11.97M, and float is at 10.48M with Short Float at 0.34%.
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.
