Sienna Biopharmaceuticals, Inc. (SNNA) is headed down in the market in today’s trading session. The company, one that is focused in the biotechnology industry, is presently priced at $0.16 after heading down -5.04% so far in today’s session. In terms of biotechnology companies, there are several aspects that have the potential to generate price movement in the market. One of the most common is news. Here are the most recent headlines associated with SNNA:
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Oct-07-19 08:30AM | Sienna Biopharmaceuticals Files 510(k) Submission with FDA for SNA-001, its Novel Silver Photoparticle Technology to Remove Light Hair |
Oct-01-19 12:58PM | A Look At Benzinga Pro’s Most-Searched Tickers For October 1, 2019 |
Sep-30-19 12:05PM | A Look At Benzinga Pro’s Most-Searched Tickers For September 30, 2019 |
Sep-17-19 08:30AM | Sienna Biopharmaceuticals Initiates Voluntary Chapter 11 Protection Proceeding |
Aug-05-19 09:05AM | Sienna Biopharmaceuticals Engages Cowen to Explore Financial and Strategic Alternatives |
However, when making an investing decision, prospective investors should look into much more than news, especially in the speculative biotech space. Here’s what’s happing when it comes to Sienna Biopharmaceuticals, Inc..
Recent Movement From SNNA
While a move down on a single session, like what we’re seeing from Sienna Biopharmaceuticals, Inc. may lead to fear in some investors, that alone should not be the basis of a decision to, or not to, invest in a stock. It is generally smart to look into trends experienced by the stock beyond a single trading day. In the case of SNNA, below are the returns on investment that we have seen:
- Past Seven Days – Over the past 5 trading sessions, SNNA has seen a change in value that amounts to -6.87%.
- Past Month – The monthly performance from Sienna Biopharmaceuticals, Inc. has been -17.40%.
- Past Quarter – Over the last 3 months, the stock has generated a return on investment that works out to -81.40%
- Past 6 Months – Over the past six months, we have seen a change that amounts to -88.15% from the stock.
- Year To Date – Since the the first trading session of this year SNNA has generated a ROI of -93.10%.
- Annually – Lastly, in the last full year, we have seen performance that works out to -98.36% from SNNA. In this period of time, the stock has traded at a high price of -98.54% and a low of 60.00%.
Ratios To Pay Attention To
Digging into various key ratios having to do with a stock can give traders a view of just how risky and/or potentially profitable a an investment option might be. Here are some of the key ratios to consider when digging into SNNA.
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Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors are expecting that the stock is going to tumble. Throughout the sector, biotechnology stocks tend to have a higher short ratio. On the other hand, we also tend to see a lot of short squeezes in the sector. Nonetheless, as it relates to Sienna Biopharmaceuticals, Inc., it’s short ratio clocks in at 0.22.
Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Essentially, they measure If a company is able to pay its debts when they come due using current assets or quick assets. In the biotechnology industry, companies are reliant on the continuation of investor support, the quick and current ratios can look bad. Nonetheless, quite a few gems in the biotech industry come with strong current and quick ratios. When it comes to SNNA, the quick and current ratios total up to 2.40 and 2.40 respectively.
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Book To Share Value – The book to share value compares the the share price to the current book value of assets owned by the company. In this particular case, that ratio is 0.89.
Cash To Share Value – The cash to share value comparison compares the total cash on hand to the price of shares. Many early stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotechnology space, this is a very important ratio to look into. When it comes to SNNA, the cash to share value ratio is 1.44.
Analyst Opinions Of Sienna Biopharmaceuticals, Inc.
Although it’s rarely a smart idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a good idea to consider their thoughts to validate your own due diligence before making investment decisions in the biotechnology sector. Below are the most recent moves that we’ve seen from analysts with regard to SNNA.
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Show Me The Big Money
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SNNA, here’s what we’re seeing:
- Institutional Investors – Currently, institutions own 64.20% of the company. However, it’s important to consider that institutional ownership has seen a move of -0.87% throughout the last 3 months.
- Insiders – When it comes to insiders, those close to the situation currently hold 5.10% of Sienna Biopharmaceuticals, Inc.. Insider ownership of the company has changed in the amount of 0.00% in the last 3 months.Visit here : zonetopic
Looking At Share Counts
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 34.19M shares of Sienna Biopharmaceuticals, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SNNA has a float of 28.56M.
It’s also important to take a look at the short percent. After all, if a high portion of the float available for trading is sold short, the overall feeling among investors is that the company is headed for a deep dive. With regard to SNNA, the short percentage of the float totals up to 3.20%. Most traders believe that a concerning short percent of the float would be considered to be anything over 40%. Through my work, I have seen that any short percent of the float over 26% is probably going to be a play that comes with hefty risk.
What We’ve Seen In earnings results
What have ween seen from SNNA in terms of financial results?Here’s the data:
- Analyst Expectations – As it stands at the moment, Wall Street analysts expect that Sienna Biopharmaceuticals, Inc. will generate EPS that totals up to be -3.10, with -0.24 to be reported in the earnings report for the current quarter. Although this isn’t associated with earnings, because we’re chatting about Wall St. analysts, Sienna Biopharmaceuticals, Inc. is currently rated a 2.00 considering a scale that ranges from 1 to 5 on which 1 is the worst possible Wall St. analyst grade and 5 is the best possible rating.
- 5-Year Sales – Over the last half decade, Sienna Biopharmaceuticals, Inc. has generated a change in sales volume that works out to 0. Earnings over the period have experienced a change of 0.
- Q/Q – when it comes to quarter over quarter earnings data, or Q/Q data as it is often referred to as in the world of humans, the company has experienced a earnings change by 72.70%. SNNA has also experienced movement with regard to revenue that amounts to 0.
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