Science 37 Holdings Inc. (NASDAQ:SNCE) saw a downside of -2.08% to close Friday at $0.30 after subtracting -$0.01 on the day. The 5-day average trading volume is 1,226,300 shares of the company’s common stock. It has gained $0.4167 in the past week and touched a new high 1 time within the past 5 days. An average of 4,006,680 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,977,066.
SNCE’s 1-month performance is 20.88% or $0.0775 on its low of $0.2200 reached on 07/19/23. The company’s shares have touched a 52-week low of $0.19 and high of $2.06, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, SNCE has lost -27.50% or -$0.1142 and has reached a new high 8 times. However, the current price is down -85.39% from the 52-week high price.
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Valuation Metrics
SNCE stock has a beta of 1.08. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.58 while the price-to-book (PB) in the most recent quarter is 0.57.
Science 37 Holdings Inc.’s quick ratio for the period ended June 30 was 4.60, with the current ratio over the same period at 4.60. In terms of profitability, the gross margin trailing 12 months is 26.10%. The trailing 12-month EBITDA margin is -123.10%. The firm’s gross profit as reported stood at $15.87 million against revenue of $70.15 million.
Earnings Surprise
For the quarterly period ending June 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 98.11% to -$5.83 million, while revenue of $44.89 million was 869.98% off the previous quarter. Analysts expected SNCE to announce -$0.12 per share in earnings in its latest quarter, but it posted -$0.07, representing a 41.70% surprise. EBITDA for the quarter stood at more than -$20.26 million. SNCE stock balance sheet for the quarter ending June 30 shows that total liabilities totaled 24.71 million, with total debt at $1.03 million. Shareholders hold equity totaling $117.11 million.
Let’s look briefly at Science 37 Holdings Inc. (SNCE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 46.55% to suggest the stock is trending Neutral, with historical volatility in this time period at 353.22%.
The stock’s 5-day moving average is $0.3207, reflecting a -31.59% or -$0.1390 change from its current price. SNCE is currently trading +15.86% above its 20-day SMA, +0.37% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +17.26% and SMA200 by-79.24%.
Stochastic %K and %D was 16.01% and 19.11% and the average true range (ATR) pointed at 0.0680. The RSI (14) points at 49.19%, while the 14-day stochastic is at 15.24% with the period’s ATR at 0.0610. The stock’s 9-day MACD Oscillator is pointing at -0.0643 and -0.0321 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for SNCE stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate SNCE as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 3 have offered a “buy” rating.
What is SNCE’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $1.00 and a high of $2.50, with their median price target at $2.00. Looking at these predictions, the average price target given by analysts is for Science 37 Holdings Inc. (SNCE) stock is $1.88.
