SELLAS Life Sciences Group, Inc. (SLS) Stock: Here’s Why It’s Down

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SELLAS Life Sciences Group, Inc. (SLS) is trending down in the market today. The stock, focused in the biotechnology space, is presently trading at $0.13 after falling -5.76% so far today. In terms of biotechnology companies, there are several aspects that have the potential to generate price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines relating to SLS:

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Jun-22-19 10:10AM Investors Who Bought SELLAS Life Sciences Group (NASDAQ:SLS) Shares A Year Ago Are Now Down 97%
Jun-18-19 04:33PM SELLAS Life Sciences Announces Closing of $15 Million Public Offering
Jun-14-19 08:30AM SELLAS Life Sciences Announces Pricing of $15 Million Public Offering
Jun-03-19 08:30AM SELLAS Announces Immune Response Data in Triple Negative Breast Cancer Patients from Phase 2b Study of Nelipepimut-S (NPS) Plus Trastuzumab Presented at ASCO 2019
May-17-19 08:03AM The Daily Biotech Pulse: Axovant Doses First Patient In Gene Therapy Trial, Agile Resubmits NDA, ADMA Prices Offering

Nonetheless, any time investors are making a decision to invest, prospective investors should look at much more than news, especially in the highly speculative biotechnology sector. Here’s what’s happing when it comes to SELLAS Life Sciences Group, Inc..

The Performance That SLS Investors Have Experienced

While a single session decline, like the fall that we’re seeing from SELLAS Life Sciences Group, Inc. may make some investors upset, a single session decline by itself shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s always smart to dig into trends just a single session. When it comes to SLS, below are the returns that we have seen:

  • Past 7 Days – Throughout the last five trading sessions, SLS has generated a change in price amounting to -5.76%.
  • Monthly – The performance from SELLAS Life Sciences Group, Inc. throughout the last 30 days has been -14.82%.
  • Past Three Months – In the last three months, the stock has generated a return that works out to -86.77%
  • Bi-Annually – Throughout the previous 6 months, we have seen a performance that works out to -91.81% from the stock.
  • This Year So Far – Since the close of last year SLS has generated a ROI of -89.35%.
  • Full Year – Lastly, throughout the past full year, investors have seen a change of -91.91% out of SLS. Throughout this period of time, the stock has sold at a high price of -94.67% and a low of 28.31%.

Rations That You Should Think About

Looking at various key ratios associated with a company can give investors a look of just how risky and/or potentially profitable a an investment option might be. Here are a few of the most important ratios to consider when looking at SLS.

Short Ratio – The short ratio is a tool that is used by investors to get an understanding of the level of short interest. The higher this short ratio, the more investors are expecting that the stock is headed for declines. Across the sector, biotech stocks can come with a higher short ratio. However, we tend to see a lot of short squeezes in the sector. Nonetheless, in relation to SELLAS Life Sciences Group, Inc., it’s short ratio is 0.16.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Basically, they measure whether or not a company can cover its debts when they mature based on quick assets or current assets. Because many biotech companies rely on continued support from investors, the quick and current ratios can seem bad. Nonetheless, several better companies in the biotechnology sector do have great current and quick ratios. As it relates to SLS, the quick and current ratios work out to 0.60 and 0.60 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the current book value of assets that are owned by the company. In this particular case, that ratio equates to 0.13.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the value of shares. Many early stage biotech companies struggle to keep cash on hand. So, when investing in the biotechnology industry, this is a very important ratio to consider. When it comes to SLS, the cash to share value ratio works out to 0.05.

What Analysts Think About SELLAS Life Sciences Group, Inc.

While it’s never a good idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a smart idea to consider their opinions when validating your own before making an investment decision in the biotech sector. Here are the recent moves that we have seen from analysts with regard to SLS.

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Nov-01-18 Initiated Oppenheimer Outperform
Apr-02-18 Initiated H.C. Wainwright Buy $11
Mar-19-18 Upgrade Maxim Group Hold → Buy $13

Investors Tend To Follow The Big Money

An interesting fact that I’ve come to understand in my short time in existence is that smart money tends to follow big money players. That is to say, investors that are looking to keep their investments relatively safe will keep an eye on moves made by institutions and insiders. So, is big money interested when it comes to SLS? Here’s what’s happening:

Institutions own 59.80% of the company. Institutional interest has moved by 44.91% over the past three months. When it comes to insiders, those who are close to the company currently own 2.04% percent of SLS shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Interested In How Many Shares Are Available?

Investors seem to like to know the total numbers of shares both available and outstanding. In terms of SELLAS Life Sciences Group, Inc., there are currently 53.96M with a float of 51.07M. These numbers mean that out of the total of 53.96M shares of SLS in existence today, 51.07M are available to trade hands in the public space.

It’s also important to take a look at the short percent. Think about it, when a large portion of the float is sold short, the overall opinion among investors is that the stock is going to fall. In regard to SLS, the percentage of the float that is shorted currently sits at 5.10%. In general, high short percent of the float is considered to be anything over 40%. Nonetheless, I have found that any short ratio over 26% is likely a risky play.

Earnings

What have ween seen from SLS in terms of financial results?Here is the data:

  • Analyst Expectations – As it stands at the moment, Wall Street analysts have expectations that SLS will generate EPS of -0.82, with -0.18 to be reported in the earnings announcement for the current quarter. Although this data isn’t earnings driven, because we’re talking about Wall St. analysts, SLS is presently graded as a 2.00 when rated on a scale from 1 to 5 on which 1 is the poorest possible Wall Street analyst rating and 5 is the best possible.
  • 5-Year Sales – Throughout the past half decade, SELLAS Life Sciences Group, Inc. has generated a change in sales that comes to a total of 0. Earnings per share over the last 5 years have experienced movement in the amount of 63.30%.
  • Q/Q – In terms of quarter over quarter data, or Q/Q data as it is commonly explained in today’s society, the company has generated a change in earnings that comes to a total of 86.70%. The company has also experienced movement when it comes to revenue that totals 0.

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