The Nymox Pharmaceutical Corporation (NYMX) shares are trading at higher $3.96.
To add more color to this target, the company’s high over the last year is $4.79 and the low is $1.35. Over the last 52 weeks, NYMX is down -17.33% while the S&P 500 is up 1.07%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, NYMX reported a profit of $1000.0. Nymox Pharmaceutical Corporation also saw revenues increase to $5000.0. In addition, NYMX has free cash flow of -$2.17 million as of 03-2020 The company’s EBITDA came in at -$2.56 million which compares well with its peers.
NYMX Return on Equity (ROE) is -285.20%, and its Return on Assets is -199.80%. All told, it is clear that, NYMX needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. NYMX has a short ratio of 20.35 and outstanding shares of 71.60M.
NYMX has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.38 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.19. Nymox Pharmaceutical Corporation NYMX also noted assets of $3.37 million at the end of the last quarter. Investors should also keep an eye on sector updates as NYMX has historically followed its peers on positive news.
All told, Nymox Pharmaceutical Corporation NYMX has strung together solid data and demonstrated underlying fundamentals. At its current valuation, NYMX represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Nymox Pharmaceutical Corporation NYMX is now commanding a market cap of 250.75M and a float of 42.73M. NYMX is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of NYMX stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in NYMX, either long or short, and we have not been compensated for this article.