SELLAS Life Sciences Group, Inc. (SLS) Stock: A Biotech Stock That’s Seeing Gains

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SELLAS Life Sciences Group, Inc. (SLS) is trending up in the market today. The stock, focused on the biotechnology sector, is currently priced at $0.14 after heading up 11.09% so far in today’s session. As it relates to biotech companies, there are quite a few factors that have the potential to generate gains in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines associated with SLS:

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Aug-14-19 04:15PM SELLAS Life Sciences Provides Business Update and Reports Second Quarter 2019 Financial Results
Aug-05-19 08:30AM SELLAS Announces Completion of Enrollment in Randomized Phase 2 VADIS Trial of Nelipepimut-S (NPS) in Women with Ductal Carcinoma In Situ (DCIS) of the Breast
Jul-31-19 08:15AM SELLAS Advances Galinpepimut-S (GPS) in Combination with KEYTRUDA® (pembrolizumab) Program with Dosing of First Patient in Phase 1/2 Basket Study
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

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

Trends That We’ve Seen From SLS

While a move toward the top in a single session, like the gain that we’re seeing from SELLAS Life Sciences Group, Inc. may make some investors excited, that by itself should not be the basis of a decision to, or not to, invest in a stock. It is always smart to take a look at trends for a period longer than a single session. In the case of SLS, here are the returns that investors have experienced:

  • Past 5 Sessions – Throughout the past five trading sessions, SLS has seen a change in price that amounts to 2.57%.
  • Past Month – The monthly performance from SELLAS Life Sciences Group, Inc. has been -10.18%.
  • Past 3 Months – Over the last three months, the company has generated a return of -11.72%
  • Past Six Months – Over the last 6 months, we’ve seen a change that equates to -88.46% from the company.
  • YTD – Since the the first trading session of this year SLS has produced a return of -89.96%.
  • Annually – Lastly, throughout the last year, we’ve seen a change of -90.85% from SLS. Over this period, the stock has traded at a high of -94.42% and a low of 34.38%.

Ratios That Are Notable

Digging into various key ratios associated with a stock can provide traders an understanding of how risky and/or potentially profitable a an investment option may be. Here are some of the important ratios to consider when looking at SLS.

Short Ratio – The short ratio is a measure of short interest. As the ratio climbs, it shows that more investors are expecting that the value of the stock is going to go down. Throughout the sector, biotech stocks tend to come with a higher short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, in relation to SELLAS Life Sciences Group, Inc., the stock’s short ratio amounts to 0.22.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure whether or not a company can pay for its debts when they come due based on current assets or quick assets. In the biotechnology sector, companies are heavily reliant on continued support from investors, the quick and current ratios can be damning. Nonetheless, several gems in the biotech sector do have positive current and quick ratios. When it comes to SLS, the quick and current ratios work out to 2.50 and 2.50 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the share price of the stock. In this case, that ratio works out to 0.44.

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 clinical stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotech industry, this is an important ratio to consider. In this case, the cash to share value comes to 0.06.

How Analysts Feel About SELLAS Life Sciences Group, Inc.

While it’s never a smart idea to avoid doing your DD and blindly following the thoughts of analysts, it is a smart idea to use their analysis when validating your own due diligence before making investment decisions in the biotech sector. Here are the most recent moves that we have seen from analysts when it comes 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

Is Big Money Interested in SELLAS Life Sciences Group, 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 SLS, here’s what we’re seeing:

  • Institutions – Currently, institutions hold 8.00% of the company. On the other hand, it is worth noting that institutional ownership has changed in the amount of 0 in the last 3 months.
  • Insider Holdings – with regard to insiders, insiders of the company currently hold 2.04% of SELLAS Life Sciences Group, Inc.. Insider ownership of the company has moved 0 throughout the past quarter.

How Many Shares Of SLS 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 227.50M shares of SELLAS Life Sciences Group, 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, SLS has a float of 226.06M.

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 SLS, the short percent of the float is 2.02%.

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.05. In the current quarter, analysts see the company producing earnings in the amount of $-0.02. Over the last 5 years, SLS has generated revenue in the amount of $0 with earnings coming in at 63.30%. On a quarter over quarter basis, earnings have seen movement of 90.00% and revenue has seen movement of 0.

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