Sunesis Pharmaceuticals, Inc. (SNSS) Stock: A Strong Pick In The Biotech Sector?


Sunesis Pharmaceuticals, Inc. (SNSS) is working its way for to the top in the market today. The company, focused in the biotech sector, is currently priced at $1.25 after climbing 30.21% so far today. When it comes to biotech companies, there are a number of aspects that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the recent headlines relating to SNSS:

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Mar-22-19 01:38PM Edison Issues Outlook on Sunesis Pharmaceuticals (SNSS)
Mar-15-19 08:21AM Will Sunesis Pharmaceuticals Continue to Surge Higher?
Mar-14-19 11:32AM Edited Transcript of SNSS earnings conference call or presentation 7-Mar-19 9:30pm GMT
Mar-07-19 04:01PM Sunesis Pharmaceuticals Reports Fourth Quarter and Full-Year 2018 Financial Results and Recent Highlights
Mar-04-19 07:00AM Sunesis Pharmaceuticals to Participate in Upcoming Investor Conferences

However, any time investors are making a decision to invest, prospective investors should look at much more than news, especially in the generally speculative biotech industry. Here’s what’s happening with Sunesis Pharmaceuticals, Inc..

Recent Trends From SNSS

Although a gain in a single session, like the gain that we’re seeing from Sunesis Pharmaceuticals, Inc. may lead to excitement in some investors, that alone shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It’s always a good idea to dig into trends experienced by the stock for a period longer than a single session. In the case of SNSS, here are the trends that investors have experienced:

  • Past 7 Days – Over the past seven days, SNSS has produced a change in price amounting to 35.87%.
  • Past 30 Days – The monthly ROI from Sunesis Pharmaceuticals, Inc. has been 135.89%.
  • Past Three Months – In the past quarter, the stock has produced a ROI that works out to 290.63%
  • Past Six Months – Throughout the last six months, we’ve seen a performance that amounts to -36.55% from the stock.
  • Year To Date – Since the the last trading session of last year SNSS has resulted in a return of 200.70%.
  • Annually – Finally, throughout the last full year, we have seen movement that works out to -62.69% out of SNSS. Over this period of time, the stock has sold at a high price of -64.18% and a low price of 525.00%.

Ratios Worth Watching

Looking at a few key ratios having to do with a company can provide investors a look of just how risky and/or potentially profitable a pick may be. Below are some of the important ratios to look at when digging into SNSS.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the level of short interest. As the short ratio heads up, it means that more investors believe that the stock is going to fall. Throughout the sector, biotech stocks can come with a higher short ratio. However, we also tend to see quite a few short squeezes in the sector. Nonetheless, with regard to Sunesis Pharmaceuticals, Inc., it’s short ratio clocks in at 0.37.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Essentially, they measure If a company is able to pay for its debts when they come due based on current assets or quick assets. In the biotechnology industry, companies are reliant on the continuation of support from investors, the quick and current ratios can seem bad. Nonetheless, several good picks in the biotechnology industry do have positive current and quick ratios. When it comes to SNSS, the quick and current ratios come to 1.30 and 1.30 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the share price. In the case of Sunesis Pharmaceuticals, Inc., that ratio is -0.45.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of the company’s stock. Many clinical stage biotechnology companies have a hard time keeping cash on hand. So, if you’re looking into a stock in the biotech space, this is a very important ratio to consider. In terms of SNSS, the cash to share value ratio works out to 0.21.

How Analysts Feel About Sunesis Pharmaceuticals, Inc.

While it’s never a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their opinions when validating your own due diligence before making investment decisions in the biotechnology space. Here are the recent moves that we have seen from analysts with regard to SNSS.

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Dec-20-18 Initiated H.C. Wainwright Neutral
Dec-11-17 Upgrade Wells Fargo Market Perform → Outperform
Dec-05-17 Downgrade Wells Fargo Outperform → Market Perform
Jul-29-16 Upgrade Wells Fargo Market Perform → Outperform
Jul-24-15 Downgrade ROTH Capital Buy → Sell $5.50 → $1

Investors Tend To Follow 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 SNSS, here’s what we’re seeing:

Institutions own 33.80% of the company. Institutional interest has moved by -4.82% over the past three months. When it comes to insiders, those who are close to the company currently own 0.10% percent of SNSS shares. Institutions have seen ownership changes of an accumulative 167.29% over the last three months.

How Many Shares Of SNSS Are Available?

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 63.91M shares of Sunesis Pharmaceuticals, 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, SNSS has a float of 52.72M.

It’s also important to follow the short float. After all, when a high portion of the float available for trading is sold short, the overall feeling among traders is that the stock is going to take a dive. As far as SNSS, the percentage of the float that is shorted is 0.52%. Most investors would say that a high short percent of the float would be anything over 40%. Through my work, I’ve calculated that anything over 26% is usually a a play that could prove to be very risky.

What We’ve Seen In Financial Results

What have ween seen from SNSS in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – At the moment, Wall Street analysts expect that Sunesis Pharmaceuticals, Inc. will come up with EPS in the amount of -0.35, with -0.17 being announced in the earnings announcement for the current quarter. Although this data is not tide to earnings, because we are talking about Wall St. analysts, SNSS is presently graded as a 2.00 considering a scale that ranges from 1 to 5 on which 1 is the worst average analyst grade and 5 is the best possible rating.
  • 5-Year Sales – Throughout the last half decade, Sunesis Pharmaceuticals, Inc. has generated a movement in revenue that works out to -50.50%. Earnings through the past 5 years have experienced movement in the amount of 28.40%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is often referred to as in the world of humans, Sunesis Pharmaceuticals, Inc. has generated a change in earnings in the amount of 23.30%. The company has also moved the needle when it comes to sales volume in the amount of 0.

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