Senomyx (SNMX) : 1 brokerage houses believe that Senomyx (SNMX) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Senomyx (SNMX). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 2.25.
Senomyx (SNMX) : Currently there are 4 street experts covering Senomyx (SNMX) stock. The most bullish and bearish price target for the stock is $7 and $4 respectively for the short term. The average price target of all the analysts comes to $5.13. The estimated standard deviation from the target is $1.65.
Senomyx Inc. has dropped 2.49% in the last five trading days, however, the shares have posted positive gains of 61.98% in the last 4 weeks. Senomyx Inc. is up 53.13% in the last 3-month period. Year-to-Date the stock performance stands at 3.98%. Senomyx (NASDAQ:SNMX): On Tuesdays trading session , Opening price of the stock was $4.05 with an intraday high of $4.148. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $3.7429. However, the stock managed to close at $3.92, a loss of 3.92% for the day. On the previous day, the stock had closed at $4.08. The total traded volume of the day was 240,499 shares.
Senomyx, Inc. is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries to improve the nutritional profile of their products and generate cost of goods savings while maintaining or improving taste. The Company is engaged in the discovery, development and/or commercialization of flavor ingredients through five programs focused on sweet, savory, bitter, cooling and salt taste areas. It has developed taste receptor-based assays for use in its screening systems and to screen its compound libraries and identify potential flavor ingredients. It has identified S2383, a modifier of the sweetener sucralose; S6973 and S9632, two modifiers of sucrose, or common table sugar, and S617, a modifier of sucrose and high fructose corn syrup. It has also identified several sample classes of new cooling agents that demonstrate a taste proof-of-concept and display cooling properties.