Satsuma Pharmaceuticals Inc. (NASDAQ:STSA) Relative Strength Index (RSI) is 77.03, with weekly volatility at 8.68% and ATR at 2.87. The STSA stock’s 52-week price range has touched low of $8.61 and a $33.48 high. Intraday shares traded counted 0.1 million, which was -105.51% lower than its 30-day average trading volume of 49.11K. Its shares traded higher over the last trading session, gaining 8.61% on 06/22/20. The shares fell to a low of $31.51 before closing at $34.69. STSA’s previous close was $31.94 while the outstanding shares total 17.38M.
Investors have identified the Biotechnology company Satsuma Pharmaceuticals Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $581.75 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Satsuma Pharmaceuticals Inc. (STSA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For STSA, the company has in raw cash 22.9 million on their books with 1.98 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 108879000 million total, with 7233000 million as their total liabilities.
STSA were able to record -13.3 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 0.15 million. In cash movements, the company had a total of -13.02 million as operating cash flow.
Potential earnings growth for Satsuma Pharmaceuticals Inc. (STSA)
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent -12.17 million trying to sell their products during the last quarter, with the result yielding a gross income of 0.1 million. This allows shareholders to hold on to 17.38M with the revenue now reading -0.68 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.68 cents a share).
Having a look at the company’s valuation, the company is expected to record -4.80 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on STSA sounds very interesting.
Is the stock of STSA attractive?
In related news, Chief Financial Officer, O’Neil Thomas P. sold 1,000 shares of the company’s stock in a transaction that recorded on Jun 01. The sale was performed at an average price of 25.32, for a total value of 25,324. As the sale deal closes, the Chief Medical Officer, ALBRECHT DETLEF now sold 1,000 shares of the company’s stock, valued at 25,257. Also, Chief Financial Officer, O’Neil Thomas P. sold 2,000 shares of the company’s stock in a deal that was recorded on May 20. The shares were price at an average price of 25.00 per share, with a total market value of 50,000. Following this completion of acquisition, the Chief Medical Officer, ALBRECHT DETLEF now holds 1,000 shares of the company’s stock, valued at 20,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
3 out of 3 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Satsuma Pharmaceuticals Inc.. 0 analysts has assigned a Sell rating on the STSA stock. The 12-month mean consensus price target for the company’s shares has been set at $33.00.