In yesterday’s Wall Street session, Unicycive Therapeutics Inc. (NASDAQ:UNCY) shares traded at $1.62, up 8.00% from the previous session.
UNCY stock price is now 183.43% away from the 50-day moving average and 129.96% away from the 200-day moving average. The market capitalization of the company currently stands at $24.80M.
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In other news, Schiller Brigitte, Director bought 15,000 shares of the company’s stock on May 16. The stock was bought for $12,375 at an average price of $0.82. Upon completion of the transaction, the Director now directly owns 15,000 shares in the company, valued at $24300.0. A total of 0.60% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in UNCY stock. A new stake in Unicycive Therapeutics Inc. shares was purchased by VIRTU FINANCIAL LLC during the first quarter worth $23,000. In total, there are 14 active investors with 18.30% ownership of the company’s stock.
Wednesday morning saw Unicycive Therapeutics Inc. (NASDAQ: UNCY) opened at $1.4400. During the past 12 months, Unicycive Therapeutics Inc. has had a low of $0.40 and a high of $2.16. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 1.80, and a quick ratio of 1.80. The fifty day moving average price for UNCY is $0.5716 and a two-hundred day moving average price translates $0.7045 for the stock.
The latest earnings results from Unicycive Therapeutics Inc. (NASDAQ: UNCY) was released for Sep, 2022. According to the Biotechnology Company, earnings per share came in at -$0.37, missing analysts’ expectations of -$0.28 by -0.09. This compares to -$0.37 EPS in the same period last year.
Unicycive Therapeutics Inc.(UNCY) Company Profile
Unicycive Therapeutics, Inc., a biotechnology company, engages in developing novel therapies for kidney diseases in the United States. It is developing Renazorb for treatment of hyperphosphatemia in patients with chronic kidney disease; and UNI 494, for treatment of acute kidney injury. The company was incorporated in 2016 and is based in Los Altos, California.
