Tonix stock: buy or sell?
April 6th, 2020
Tonix Pharmaceuticals Holding Corp. engages in developing pharmaceutical and biological products to address public health challenges.
Should I buy Tonix stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Tonix stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Tonix stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't detect any rating for TNXP stock for the last month.
Tonix stock analysis
Tonix shares rocketed 5.80% to $0.73 today.
Tonix shares rocketed 5.80% to $0.73 today. Since price and SMA50d lines crossed down on March/25, TNXP fell $-0.26 per share (-26.26%).
After sliding a dreadful -5.80% in a week last week, Tonix Pharmaceuticals closed this week at $0.73 and rocketed an outstanding 5.80%.
If you observe the weekly chart, price is in a simple uptrend, tested $0.50 level and now climbing back aiming its last top at $1.98. Since late April 2019, when TNXP stock price broke down the 20-weeks moving avarage line, it slid $-21.77 per share (-96.76%).
Tonix stock price history
Tonix stock went public on December 4th, 2013 with a price of $6,310.001. Since then, TNXP stock sliced a -100.00%, with a yearly average of -16.70%.
1: Adjusted price after possible price splits or reverse-splits.
Tonix stock historical price chart
TNXP stock reached 52-week highs at $31.40, and all-time highs 2014-01-14 with a price of 18970.
Tonix stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' TNXP stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for Tonix stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareTonix reported outstanding results for 2018-Q4 . Tonix skyrocketed Earnings per Share (EPS) by 57.60%, beating experts consensus of $-3.87. Tonix posted $-6.10.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn , Tonix Pharmaceuticals annual sales to M USD from marked in . , its earnings margin (compared to revenues) to , that is million.
Quarterly financial resultsReported quarter income marked $-7.59 M with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was inf%. When comparing revenues to same quarter last year, Tonix Pharmaceuticals sales marked a tight movement and remained constant a nan%. Looking back to recent quarterly results, Tonix Pharmaceuticals posted 7 negative quarters in a row.
Tonix ownershipWhen you are planning to buy shares of a company, it's always worth to have a look its ownership structure.
Tonix Pharmaceuticals shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.06% of all shares.
In case of Tonix Pharmaceuticals stock, 6.85% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TNXP stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Tonix:
|Market cap||$35.9 M|
|Total shares||49.2 M|
|Float shares||1.6 M|
|- Institutional holdings (%)||6.9%|
|- Insider holdings (%)||0.1%|
|Shares in short selling||0.0%|
|Monday, April 6th, 2020|
|Day range||$0.67 - $0.74|
|Average true range||$0.17|
|50d mov avg||$0.86|
|100d mov avg||$1.11|
|200d mov avg||$3.44|
Tonix performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Tonix Pharmaceuticals to :