Senomyx (SNMX) Shares are Down -6.17%

Senomyx (SNMX) : During the past 4 weeks, traders have been relatively bearish on Senomyx (SNMX), hence the stock is down -0.4% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.32% relative to the S&P 500. The 4-week change in the price of the stock is -0.93% and the stock has fallen -6.17% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.67% and the 50-Day Moving Average is 9.05%.The 200 Day SMA reached 33.67%

Senomyx

Senomyx (NASDAQ:SNMX): After opening at $4.35, the stock dipped to an intraday low of $4.1 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $4.49 and the buying power remained strong till the end. The stock closed at $4.26 for the day, a gain of 7.85% for the day session. The total traded volume was 583,787. The stocks close on the previous trading day was $4.26.

Senomyx (SNMX) : The most positive equity analysts on Senomyx (SNMX) expects the shares to touch $7, whereas, the least positive believes that the stock will trade at $4 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $5.13 with an expected fluctuation of $1.65 from the mean.

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.

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