Synergy Pharma Cmn (NASDAQ:SGYP) Experiences Heavier than Average Trading Volume

Lloyd Doyle
November 15, 2017

Canaccord Genuity set a $13.00 target price on shares of Synergy Pharmaceuticals and gave the company a "buy" rating in a report on Monday, July 31st. The firm owned 19,836,288 shares of the company's stock after buying an additional 2,150,632 shares during the period. Rodman & Renshaw's target price would indicate a potential upside of 236.84% from the stock's current price. The stock uncovered monthly boring performance with sinking progress of -21.04%. The most optimistic analyst sees the stock reaching $13 while the most conventional has $2.5 target price. Swiss National Bank now owns 371,650 shares of the biopharmaceutical company's stock valued at $1,654,000 after purchasing an additional 46,800 shares during the last quarter.

The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. The stock remained 7.73% volatile for the week and 5.97% for the month. The stock witnessed -18.07% declines, -7.48% declines and -31.49% declines for the 1-month, 3-month and 6-month period, respectively. Now we look at the Moving Averages, the 200-day is -33.12%, the 50-day is -6.08% and the 20-day is -4.38%. Stock's distance from 52 week High is -61.96% and the distance from 52 week Low is 6.25%. The last session's volume was 23,983,594 compared to its average daily volume of 5.65M shares. The company's market cap is $854.78 million. The company has 245.63 Million shares outstanding and 223.03 Million shares were floated in market. Synergy Pharmaceuticals, Inc.'s institutional ownership is 74%, while its institutional transactions stand at 0.44%.

Synergy Pharmaceuticals, Inc. (NASDAQ:SGYP) gross margin percentage stands at 7.6% while its operating margin for the past trailing twelve month is 0 percent and its overall profit margin (ttm) is 0 Percent. Its P/Cash is valued at 0.

TRADEMARK VIOLATION NOTICE: "Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Synergy Pharmaceuticals (SGYP) Stock Price" was originally reported by Week Herald and is owned by of Week Herald. For every buyer, there needs to be someone who sold them the shares they bought, just as there must be a buyer in order for a seller to get rid of his or her shares.


Annual EPS growth Past 5 years is -31.8 percent. The impact of earnings growth is exponential.

Merck, a leading science and technology company with 60 years of clinical experience in diabetes, today announced its partnership with the International Diabetes Federation (IDF) to implement education and communications activities emphasizing the importance of preventing type 2 diabetes. The company now has a Return on Equity of -540.2% and a Return on Investment of 0%. Synergy Pharmaceuticals, Inc. The company has a current ratio of 4.26, a quick ratio of 3.88 and a debt-to-equity ratio of -68.13.

More notable recent Synergy Pharmaceuticals Inc (NASDAQ:SGYP) news were published by: Seekingalpha.com which released: "Synergy Pharmaceuticals: Momentum Ahead Of IBS-C Approval For Trulance" on November 11, 2017, also Seekingalpha.com with their article: "Synergy Pharmaceuticals Q3: Delivering The Goods" published on November 10, 2017, Businesswire.com published: "Synergy Pharmaceuticals Announces Pricing of Offering of Common Stock and Warrants" on November 13, 2017. The company created a change of 0.23%. The company's forward price to earnings ratio for next fiscal year is 0. The year-to-date (YTD) execution mirrored a 90.59 percent. To a long-term shareholder, most technical indicators are of little value, as they do nothing to shed light on the underlying business. Huntsman Corporation's beta is 2.90 whilst the stock has an average true range (ATR) of 0.73. The market has a beta of 1, and it can be used to gauge the risk of a security. The stock remained 1.6% unpredictable for the week and 1.46% for the month.

EPS Estimate for the next Quarter is -0.23. Its P/Cash is esteemed at 0. The company P/S (price to Sales) ratio is 90.29, P/B (price to Book) ratio is 0, while its P/C (price to Cash) ratio stands at 0. Capital Guardian invested 0.45% of its portfolio in Halliburton Company (NYSE:HAL). Stocks News Times (SNT) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own.

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