Soligenix, Inc. (NASDAQ:SNGX) last traded at $2.25 with a low of $2.17 and high of $2.47. This range of trading qualifies the stock as one of the most volatile of the day.
The stock last traded at $2.25 a tad higher than the 50 day moving average of $2.18 and barely below the 200 day moving average of $2.43. The 50 day moving average was up $0.07 and the 200 day average moved down $-0.18.
Traders are feeling more bearish on Soligenix, Inc. of late as implied by the increase in short interest. The firm realized a rise in short interest of 2.47% as of the latest report on August 31, 2017. Short interest increased 11,937 over that timeframe. The days to cover increased to 17.0 and the percentage of shorted shares is 0.09% as of August 31.
Recent Analyst Ratings
H.C. Wainwright started covering the stock with a rating of “Buy”. As of the last earnings report the EPS was $-1.35 and is expected to be $-1.48 for the current year with 5,723,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $-0.34 and the next full year EPS is projected to be $-1.47.