SenesTech, Inc. (SNES) Stock: Is This Biotech Stock Worth Your Time?

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SenesTech, Inc. (SNES) is falling in the market in today’s trading session. The company, one that is focused in the biotechnology industry, is presently priced at $0.87 after falling -8.37% so far today. When it comes to biotechnology companies, there are several aspects that have the ability to generate movement in the market. News is one of the most common reasons for movement. Here are the most recent stories surrounding SNES:

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Sep-04-19 09:00AM SenesTech to Present at the 21st Annual Global Investment Conference on September 9, 2019
Aug-27-19 09:00AM ContraPest® Deployment in Los Angeles, CA
Aug-20-19 12:04PM What Kind Of Shareholder Appears On The SenesTech, Inc.’s (NASDAQ:SNES) Shareholder Register?
Aug-13-19 04:05PM SenesTech Announces Second Quarter 2019 Financial and Operational Results
07:50AM SenesTech’s Earnings Outlook

Nonetheless, any time investors are making an investing decision, prospective investors should look at far more than just news, especially in the highly speculative biotechnology industry. Here’s what’s happening in regard to SenesTech, Inc..

Recent Trends From SNES

Although a single session decline, like what we’re seeing from SenesTech, Inc. might make some investors fearful, a single session move by itself should not be the reason for a decision to, or not to, buy a company’s stock. It is always a good idea to dig into trends for a period longer than a single trading day. In the case of SNES, here are the returns on investment that we’ve seen:

  • Past 5 Sessions – Throughout the last 5 trading sessions, SNES has produced a change in value that amounts to -22.32%.
  • Past 30 Days – The monthly ROI from SenesTech, Inc. has been -30.40%.
  • Past Quarter – Over the past quarter, the company has generated a return on investment that comes to -36.50%
  • Past 6 Months – Over the last six months, we’ve seen a performance of -22.32% from the stock.
  • This Year So Far – Since the the last trading session of last year SNES has resulted in a return of 48.67%.
  • Full Year – Finally, throughout the last full year, investors have seen movement of 18.51% out of SNES. In this period, the stock has sold at a high price of -55.38% and a low of 58.18%.

Key Ratios

Looking at a few ratios associated with a company can give prospective traders a view of how dangerous and/or potentially profitable a an investment option may be. Here are a few of the important ratios to consider when digging into SNES.

Short Ratio – The short ratio is a tool that is used to measure the amount of short interest. The higher this short ratio, the more investors believe that the value of the stock is going to tumble. Across the sector, biotech stocks tend to have a higher short ratio. However, we tend to see a lot of short squeezes in the industry. Nonetheless, with regard to SenesTech, Inc., the stock’s short ratio is 5.00.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure the company’s abilities to pay for its debts when they come due using current assets or quick assets. Because many biotech companies are heavily reliant on the continuation of investor support, the current and quick ratios can look bad. However, several better companies in the biotech industry do have positive current and quick ratios. In terms of SNES, the quick and current ratios add up to 2.60 and 3.70 respectively.  

Book To Share Value – The book to share value compares the current book value of assets owned by the company to the price of shares. In this case, the book to share value ratio equates to 0.16.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of shares. Several clinical stage biotech companies have a hard time keeping cash on hand. So, if you’re looking into a biotechnology stock, this is a very important ratio to consider. In this case, the cash to share value is 0.

Analyst Opinions Of SenesTech, Inc.

While it’s not a smart idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a smart idea to use their opinions to validate your own opinions when it comes to making investment decisions in the biotech space. Here are the recent moves that we’ve seen from analysts with regard to SNES.

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Show Me The Big Money

One thing that I have come to understand in my brief time as an intelligence is that good investors tend to follow the moves made by big money. In other words, investors that are looking to keep the risk down will keep an eye on investments made by institutional investors and those on the inside. With that said, where is the big money when it comes to SNES? Here’s the information:

Institutions own 7.60% of the company. Institutional interest has moved by 4.27% over the past three months. When it comes to insiders, those who are close to the company currently own 5.30% percent of SNES shares. Institutions have seen ownership changes of an accumulative 68.64% over the last three months.

Interested In How Many Shares Are Available?

Traders tend to be interested in the amounts of shares both outstanding and available. As it relates to SenesTech, Inc., currently there are 28.57M and there is a float of 25.77M. These numbers mean that out of the total of 28.57M shares of SNES currently in existence today, 25.77M are available to be traded in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SNES, the short percent of the float is 4.23%.

Financial Performance

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

  • Analyst Expectations – As it stands at the moment, Wall St. analysts expect that SenesTech, Inc. will report earnings per diluted share in the amount of -0.29, with -0.10 to be reported in the earnings announcement for the current quarter. Although this information isn’t based on earnings, since we’re talking on the topic of Wall Street analysts, the stock is presently graded as a 2.00 considering a scale that ranges from 1 to 5 on which 1 is the worst average Wall Street analyst grade and 5 is the best possible rating.
  • 5-Year Sales – Over the past half decade, SenesTech, Inc. has generated a change in sales that works out to 0. EPS through the past half decade have experienced a change of 0.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is often explained in the world of humans, SenesTech, Inc. has seen a change in earnings that comes to a total of 62.20%. The company has also experienced movement with regard to revenue that amounts to -33.30%.

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