The trading price of Scienture Holdings Inc (NASDAQ:SCNX) floating higher at last check on current market day and closing at $1.78, 0.56% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $1.65 and $1.86. In examining the 52-week price action we see that the stock hit a 52-week high of $22.18 and a 52-week low of $1.00. Over the past month, the stock has lost -32.83% in value.
Scienture Holdings Inc, whose market valuation is $16.00 million at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest SCNX has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that SCNX’s price is currently -5.99% off the SMA20 and -39.51% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.64, and weekly volatility stands at 20.99%. When measured over the past 30 days, the indicator reaches 28.54%. Scienture Holdings Inc (NASDAQ:SCNX)’s beta value is currently sitting at 2.72, while the Average True Range indicator is currently displaying 0.47.
To see how Scienture Holdings Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: SCNX stock’s performance was 0.56% at last check in today’s session, and -86.80% in the past year.
An evaluation of the daily trading volume of Scienture Holdings Inc (NASDAQ:SCNX) indicates that the 3-month average is 2.90 million. However, this figure has increased over the past 10 days to an average of 11.91.
Currently, records show that 8.61 million of the company’s shares remain outstanding. The insiders hold 48.62% of outstanding shares, whereas institutions hold 1.04%. The stats also highlight that short interest as of 2025-03-14, stood at 0.36 million shares, resulting in a short ratio of 0.13 at that time. From this, we can conclude that short interest is 1097.00 of the company’s total outstanding shares. It is noteworthy that short shares in March were up slightly from the previous month’s figure, which was 19684.0. However, since the stock’s price has seen -70.58% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
