SenesTech, Inc. (SNES) Stock: Here’s What’s Happening

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SenesTech, Inc. (SNES) is making a move up in the market today. The stock, focused on the biotech industry, is presently priced at $1.03 after gaining 4.50% so far in today’s session. In terms of biotech stocks, there are a number of aspects that have the potential to cause movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines relating to SNES:

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Sep-26-19 09:00AM SenesTech Expands ContraPest® in Organic Agriculture
Sep-16-19 09:00AM ContraPest® Sales Expand in California Agriculture
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?

Nonetheless, any time investors are making a decision to invest, prospective investors should look at much more than news, this is especially the case in the generally speculative biotech sector. Here’s what’s happing when it comes to SenesTech, Inc..

Returns That SNES Investors Have Seen

Although a single session gain, like the gain that we’re seeing from SenesTech, Inc. might cause excitement in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, invest in a stock. It is always important to dig into trends just a single trading session. As it relates to SNES, here are the returns on investment that investors have seen:

  • Weekly – Over the past seven days, SNES has seen a change in value that amounts to 6.59%.
  • Past Month – The monthly returns from SenesTech, Inc. comes to -14.67%.
  • Past Quarter – Over the last 3 months, the stock has produced a return of -35.16%
  • Past 6 Months – In the last six months, investors have seen a change that equates to -27.53% from the stock.
  • This Year So Far – Since the close of last year SNES has produced a return of 68.42%.
  • Annually – Lastly, throughout the last full year, we’ve seen performance that comes to 18.18% from SNES. Throughout this period of time, the stock has traded at a high of -47.18% and a low price of 87.27%.

Crucial Ratios

Looking at various key ratios associated with a stock can give prospective investors a look of just how risky and/or rewarding a an investment option might be. Here are a few of the key ratios to consider when looking at SNES.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the stock is going to tumble. Throughout the sector, biotechnology stocks can carry a higher short ratio. However, we tend to see a lot of short squeezes in the sector. Nonetheless, in relation to SenesTech, Inc., it’s short ratio is 4.98.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay for its debts as they mature using quick assets or current assets. In the biotechnology space, many companies rely on the continuation of investor support, the current and quick ratios can look upsetting. However, some gems in the biotechnology sector do have strong quick and current ratios. As it relates to SNES, the quick and current ratios come 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 share price of the stock. In this particular case, that ratio equates to 0.16.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. Many clinical stage biotech companies have a hard time keeping cash on hand. So, when investing in the biotechnology space, this is an important ratio to consider. In the case of SNES, the cash to share value ratio works out to 0.

What Analysts Say About SenesTech, Inc.

Although it’s never a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their thoughts to validate your own opinions before making an investment decision in the biotechnology sector. Here are the recent moves that we have seen from analysts as it relates to SNES.

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What Institutions And Insiders Think Of SenesTech, Inc.

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 SNES, here’s what we’re seeing:

Institutions own 7.60% of the company. Institutional interest has moved by 4.49% 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 74.44% over the last three months.

A Look At Share Counts

Investors seem to like to know the counts of shares both outstanding and available. In terms of SenesTech, Inc., currently there are 27.25M and there is a float of 25.77M. These numbers mean that out of the total of 27.25M shares of SNES that are out there today, 25.77M are able to trade hands on the market.

I also find it important to look at the short percent. After all, if a high portion of the float available for trading is shorted, the overall feeling in the market is that the company is headed for a dive. As far as it relates to SNES, the percentage of the float that is shorted is 4.23%. Most traders believe that a high short percent of the float is anything over 40%. Through my work, I’ve found that any short ratio over 26% is generally a risky play.

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.29. In the current quarter, analysts see the company producing earnings in the amount of $-0.09. Over the last 5 years, SNES has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 62.20% and revenue has seen movement of -33.30%.

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