Synlogic, Inc. (SYBX) Stock: A Strong Pick In The Biotech Space?

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Synlogic, Inc. (SYBX) is trending down in the market in today’s trading session. The company, one that is focused in the biotechnology sector, is presently priced at $7.19 after heading down -6.87% so far today. As it relates to biotechnology stocks, there are quite a few factors that have the ability to lead to price movement in the market. One of the most common is news. Here are the most recent stories associated with SYBX:

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Jul-15-19 06:00AM Synlogic Reports Positive Top-line Data from Phase 1/2a Study of SYNB1618 in Patients with Phenylketonuria and Guides to Next Phase of Development
Jul-01-19 01:10PM American Gene Technologies: The Software Revolution for the Next 100 Years
Jun-12-19 06:30AM Synlogic and Ginkgo Bioworks Establish Transformational Platform Collaboration for the Accelerated Development of Novel Synthetic Biotic Medicines
May-23-19 04:15PM Synlogic (SYBX) Enters Cancer Collaboration with Roche
May-22-19 07:00AM Synlogic Announces Clinical Collaboration to Evaluate SYNB1891 in Combination with PD-L1 Checkpoint Inhibitor in Patients with Advanced Solid Tumors

However, any time investors are making a decision with regard to investing, investors should take a look at far more than news, especially in the highly speculative biotech industry. Here’s what’s going on with Synlogic, Inc..

The Performance That We’ve Seen From SYBX

Although a move down on a single session, like the move that we’re seeing from Synlogic, Inc. may cause fear in some investors, a single session move alone should not be the basis of a decision to, or not to, invest in a stock. It’s generally a good idea to look at trends further out than a single session. When it comes to SYBX, below are the returns on investment that we’ve seen:

  • Past 5 Sessions – Throughout the past week, SYBX has generated a price change amounting to -10.79%.
  • Past Month – The monthly ROI from Synlogic, Inc. has been -23.67%.
  • Past Three Months – In the past 3 months, the company has produced a return of -9.67%
  • Past 6 Months – Over the previous six months, investors have seen a change that amounts to -3.36% from the company.
  • This Year So Far – Since the open of this year SYBX has generated a return of 2.57%.
  • Annually – Lastly, over the past year, we’ve seen a change in the amount of -34.93% from SYBX. Over this period, the stock has sold at a high price of -50.72% and a low of 25.04%.

Crucial Ratios

Digging into a few ratios associated with a company generally gives prospective traders a look of how risky and/or potentially profitable a an investment option might be. Here are a few of the key ratios to think about when digging into SYBX.

Short Ratio – The short ratio is a measure of short interest. As the short ratio heads up, it shows that more investors believe that the value of the stock is going to tumble. Across the sector, biotechnology stocks can carry a higher short ratio. However, we tend to see a lot of short squeezes in the space. Nonetheless, as it relates to Synlogic, Inc., the stock’s short ratio clocks in at 10.01.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Essentially, they measure whether or not a company can pay for its debts when they mature with only quick assets or current assets. Because many biotech many companies rely on continued support from investors, these ratios can seem damning. Nonetheless, some gems in the biotech industry come with strong current and quick ratios. In terms of SYBX, the quick and current ratios add up to 11.50 and 11.50 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets owned by the company to the price of shares. In this particular case, that ratio is 4.44.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of the company’s stock. Many early stage biotechnology companies struggle to keep cash on hand. So, when investing in the biotechnology space, this is a very important ratio to think about. In this case, the cash to share value is 4.02.

How Analysts Feel About Synlogic, Inc.

While it’s never a good idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a good idea to use their thoughts when validating your own opinions before making investment decisions in the biotechnology industry. Below you’ll find the recent moves that we have seen from analysts as it relates to SYBX.

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Apr-30-19 Initiated Jefferies Buy $18
Dec-13-18 Initiated Chardan Capital Markets Buy $20
Mar-19-18 Initiated H.C. Wainwright Buy $20
Jan-29-18 Initiated Piper Jaffray Overweight $16

Moves From Big Money Players

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 SYBX, here’s what we’re seeing:

  • Institutions – As it stands now, institutional investors hold 82.80% of the company. On the other hand, it’s important to note that the ownership held by institutions has moved in the amount of -0.15% over the past 3 months.
  • Investors On The Inside – As far as insiders go, those close to the situation currently own 25.20% of Synlogic, Inc.. Insider ownership of the company has seen a move of 0 in the last quarter.

How Many Shares Of SYBX Are Available?

Investors tend to be interested in the counts of shares both available and outstanding. When it comes to Synlogic, Inc., there are currently 27.31M and there is a float of 18.16M. These data mean that of the total of 27.31M shares of SYBX currently in existence today, 18.16M are available to trade hands on the public market.

I also like to take a look at the short float. After all, when a large percentage of the float is shorted, the overall opinion among traders is that the equity is going to fall. As far as it relates to SYBX, the percentage of the float that is sold short is 7.66%. Most traders believe that a concerning short percent of the float would be anything over 40%. In my research, I have seen that a short percent of the float over 26% is probably going to be a a play that could prove to be very risky.

Earnings

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

  • Analyst Expectations – At the moment, Wall St. analysts expect that SYBX will create earnings per diluted share in the amount of -2.28, with -0.51 to be reported in the earnings report for the current quarter. Although this information is not tide to earnings, because we’re chatting on the topic of analysts, the stock is presently graded as a 1.30 when rated on a scale from 1 to 5 on which 1 is the worst average analyst rating and 5 is the best rating.
  • 5-Year Sales – Over the past 5 years, Synlogic, Inc. has generated a change in sales volume that adds up to 0. Earnings per share over the period have generated a change of 7.90%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings performance, or Q/Q data as it is generally referred to as in the world of humans, SYBX has seen a change in earnings that comes to a total of 7.60%. Synlogic, Inc. has also seen movement with regard to sales volume that totals -25.00%.

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