Analysis Of The Weekly Performance Of VYNE Therapeutics Inc. (VYNE)

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VYNE Therapeutics Inc. (NASDAQ:VYNE) finished Friday with an addition of $0.01 to close at $0.15, an upside of 9.49 percent. An average of 637,040 shares of common stock have been traded in the last five days. There was a gain of $0.0228 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 400,735 shares traded, while the 50-day average volume stands at 269,134.

VYNE stock has decreased by -35.51% in the last month. The company shares reached their 1-month lowest point of $0.1107 on 12/23/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $0.11 and a high of $1.18 in 52 weeks. It has reached a new high 2 times so far this year and lost -85.29% or -$0.8700 in price. In spite of this, the price is down -87.29% from the 52-week high.


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Valuation Metrics

VYNE Therapeutics Inc. (VYNE) stock’s beta is 1.34. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.33, the price-to-book (PB) ratio at 0.22.

Financial Health

Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending September 29. Its gross profit as reported stood at $11.41 million compared to revenue of $14.76 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, VYNE Therapeutics Inc.’s return on assets was -42.60%.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$9.46 million in the quarter, while revenues of -$8.48 million were grew 325.05%. The analyst consensus anticipated VYNE Therapeutics Inc.’s latest quarter earnings to come in at -$0.17 per share, but it turned out to be -$0.16, a 5.90% surprise. For the quarter, EBITDA amounted to -$9.16 million. At the end of the quarter ending September 29, VYNE Therapeutics Inc.’s stock balance sheet showed total liabilities of 6.84 million. Shareholders own equity worth $58.04 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at VYNE Therapeutics Inc. (VYNE) price momentum. RSI 9-day as of the close on 30 December was 42.40%, suggesting the stock is Neutral, with historical volatility in this time frame at 125.07%.

As of today, VYNE’s price is $0.1364 +17.92% or $0.0228 from its 5-day moving average. VYNE is currently trading -33.60% lower than its 20-day SMA and -62.94% lower than its 100-day SMA. However, the stock’s current price level is -40.00% below the SMA50 and -73.91% below the SMA200.

The stochastic %K and %D were 31.24% and 25.98%, respectively, and the average true range (ATR) was 0.0189. With the 14-day stochastic at 39.58% and the average true range at 0.0188, the RSI (14) stands at 37.64%. The stock has reached 0.0021 on the 9-day MACD Oscillator while the 14-day reading was at -0.0093.

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