Silexion Therapeutics Corp (NASDAQ:SLXN – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 21,284 shares, an increase of 62.6% from the July 15th total of 13,090 shares. Approximately 5.3% of the company’s shares are short sold. Based on an average daily volume of 111,194 shares, the days-to-cover ratio is currently 0.2 days.
Analyst Upgrades and Downgrades
SLXN has been the subject of a number of research analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Silexion Therapeutics in a research note on Monday, June 15th. Maxim Group lowered Silexion Therapeutics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Analysis on Silexion Therapeutics
Institutional Inflows and Outflows
Silexion Therapeutics Price Performance
SLXN stock traded down $0.01 during trading hours on Wednesday, reaching $0.41. The stock had a trading volume of 61,978 shares, compared to its average volume of 327,864. Silexion Therapeutics has a fifty-two week low of $0.37 and a fifty-two week high of $80.00. The stock has a market capitalization of $350,880.00, a PE ratio of -0.01 and a beta of -0.25. The stock has a 50-day simple moving average of $2.25 and a 200 day simple moving average of $8.24.
Silexion Therapeutics (NASDAQ:SLXN – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported ($5.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($21.20) by $16.03. On average, sell-side analysts forecast that Silexion Therapeutics will post -45.5 EPS for the current fiscal year.
About Silexion Therapeutics
Silexion Therapeutics LTD, a biopharmaceutical company, discovers and develops RNA interference (RNAi)-based cancer drugs and delivery systems to treat malignant solid tumors. The company engages in the treatment of solid tumors through its proprietary LODER delivery platform. Its products comprise SiG12D-LODER that has completed pre-clinical studies and an open label Phase I clinical trial for the treatment of pancreatic cancer; Prostate-LODER, which is in pre-clinical studies for the treatment of prostate cancer; and GBM-LODER that is in pre-clinical studies to target Glioblastoma Multiform, a malignant primary brain tumor.
Further Reading
- Five stocks we like better than Silexion Therapeutics
- The Pre-IPO Playbook: How to Cash in on Anthropic Before the Bell
- Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft
- Pony AI Stock Gains Traction as Robotaxi Fleet Expands Globally
- Amazon Plugs $18B Into the Southern Power Grid
Receive News & Ratings for Silexion Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silexion Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.
