After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Societal CDMO Enters Into Definitive Agreement to be Acquired by CoreRx, Inc..
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Stocks Info
SCTL belongs to the Healthcare sector of the NASDAQ while operating in the Drug Manufacturers – Specialty & Generic industry. The current market capitalization of Societal CDMO Inc is $112.13M. A total of 3.03 million shares were traded on the day, compared to an average of 608.21K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, SCTL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 9 SELLs from insiders. Insiders purchased 7,307,562 shares during that period but sold 379,582.
In the most recent transaction, ENLOE J DAVID JR bought 125,000 shares of SCTL for 0.40 per share on Aug 28. After the transaction, the Chief Executive Officer now owns 1,098,940 company shares. In a previous transaction on Aug 28, Weisman Wayne bought 62,500 shares at 0.40 per share. SCTL shares that Director owns now total 308,602.
Among the insiders who bought shares, CHURCHILL WINSTON J acquired of 62,500 shares on Aug 28 at a per-share price of $0.40. This resulted in the Director holding 301,602 shares of SCTL after the transaction. In another insider transaction, Reasons Bryan M. bought 62,500 shares at $0.40 per share on Aug 28. Company shares held by the Director now total 291,049.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, SCTL has a high of $1.51 and a low of $0.26.
As of this writing, SCTL has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$0.01. The company reported an EPS of -$0.04 in the last quarter, which was -33.30% lower than expectations of -$0.03.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SCTL’s latest balance sheet shows that the firm has $25.22M in Cash & Short Term Investments as of fiscal 2021. There were $103.52M in debt and $17.73M in liabilities at the time. Its Book Value Per Share was $0.56, while its Total Shareholder’s Equity was $42.06M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SCTL is Buy with a score of 3.67.
