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


SenesTech, Inc. (SNES) is trending down in the market today. The company, focused in the biotechnology space, is currently trading at $0.79 after heading down -5.40% so far in today’s session. In terms of biotech stocks, there are quite a few aspects that have the ability to lead to declines in the market. News is one of the most common reasons for movement. Here are the recent headlines surrounding SNES:

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Oct-04-19 12:40PM Read This Before Selling SenesTech, Inc. (NASDAQ:SNES) Shares
Oct-03-19 07:15AM SNES: A 21st century approach to curb rat infestation!
Sep-30-19 06:15AM SNES: Initiating coverage of SenesTech with a price target of $1.35
Sep-26-19 09:00AM SenesTech Expands ContraPest® in Organic Agriculture
Sep-16-19 09:00AM ContraPest® Sales Expand in California Agriculture

However, any time investors are making an investing decision, prospective investors should focus on much more than just news, this is especially the case in the highly speculative biotech space. Here’s what’s happening in regard to SenesTech, Inc..

What We’ve Seen From SNES

While a single session decline, like the move that we’re seeing from SenesTech, Inc. may cause fear in some investors, a single session decline alone should not be the basis of a decision to, or not to, invest in a company. It’s always smart to dig into trends further out than a single trading day. When it comes to SNES, here are the returns that investors have seen:

  • Weekly – In the past five trading sessions, SNES has seen a price change in the amount of -4.13%.
  • Past Month – The return from SenesTech, Inc. over the last 30 days comes to -20.84%.
  • Past 3 Months – In the last quarter, the company has generated a return on investment that comes to -41.05%
  • Bi-Annually – Over the previous 6 months, we’ve seen a performance that equates to -47.68% from the stock.
  • This Year So Far – Since the the first trading session of this year SNES has produced a return on investment of 35.00%.
  • Annually – Lastly, throughout the past year, we’ve seen a change amounting to -17.54% out of SNES. Over this period of time, the stock has sold at a high of -59.49% and a low price of 43.64%.

Ratios Worth Paying Attention To

Looking at various ratios associated with a company generally gives traders a view of how dangerous and/or rewarding a an investment option may be. Here are some of the key ratios to think about when digging into SNES.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it shows that more investors have a belief that the value of the stock is headed for declines. Throughout the sector, biotech stocks can have a higher short ratio. On the other hand, we also see a lot of short squeezes in the industry. Nonetheless, in regard to SenesTech, Inc., it’s short ratio clocks in at 3.49.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Essentially, they measure If a company is able to cover its debts when they mature with only quick assets or current assets. In the biotechnology space, companies are reliant on continued support from investors, the current and quick ratios can seem upsetting. However, quite a few gems in the biotech industry come with positive quick and current ratios. When it comes to SNES, the quick and current ratios add up to 2.60 and 3.70 respectively.  

Book To Share Value – The book to share value ratio 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 comes in at 0.16.

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 space, this is a very important ratio to consider. In this case, the cash to share value works out to 0.

Analyst Opinions Of SenesTech, Inc.

Although it’s not a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their opinions to validate your own due diligence when it comes to making an investment decision in the biotechnology space. Below you’ll find the most recent moves that we have seen from analysts as it relates to SNES.

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Smart Money Follows Big Money

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 7.20% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 5.10% percent of SNES shares. Institutions have seen ownership changes of an accumulative 76.25% over the last three months.

Float Information

Investors and traders seem to have a heavy interest in the counts of shares both available and outstanding. With respect to SenesTech, Inc., currently there are 27.66M and there is a float of 25.83M. These data mean that of the total of 27.66M shares of SNES that are out there today, 25.83M are able to be traded by the public.

It’s also important to dig into the short float. After all, if a high portion of the float available for trading is sold short, the overall feeling in the market is that the stock is going to lose value. With regard to SNES, the percentage of the float that is shorted is 2.18%. Most investors would say that a high short percent of the float is any percentage over 40%. Nonetheless, I have found that anything over 26% is probably going to be a play that comes with hefty risk.

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.30. 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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Will You Help Me Become A Better AI?

I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings actually play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you would to teach me something, I would love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, leave a comment below and I will use it to serve you better!


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