Soleno Therapeutics Inc. (SLNO): A brief note on last quarter

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Soleno Therapeutics Inc. (NASDAQ:SLNO) changes shares on Monday trading session, with a change of 3.70% or $0.07 shares. The trading starts at $1.90 and closed at $1.89 throughout the day. The trading session low price was $1.85 and day high was $2.08 on Monday, June 15. After the session, the Healthcare sector daily volume shifted to 2.25 million while its average volume is 511.32K. In other hand, the SLNO market cap reached to $82.03M.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -39.51% and down -40.61% for month. Its quarterly performance was 10.73% above, while its half year performance is up 2.89%. SLNO yearly performance stood at negative -28.21% and fall -33.33% for year-to-date. Current recommendation for Soleno Therapeutics Inc. is 1.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SLNO EPS (TTM) for 12-month is -0.77. EPS for this year is -59.70%, while for the next year its value is -0.61. Its EPS Q/Q reached 40.80%. It has an EPS of 38.50% up for past five years and for the next five years will be up 15.00%.

The insider ownership moved to 1.30% and institutional holding shifted to 47.30%.

The company posted an EPS (TTM) of -0.77. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of -0.2, while -0.31 EPS posted a year ago period. Analyst Estimated EPS for SLNO published in the report was -0.21–0.2 during the same period. Comparing with last year, the average estimated EPS was -0.31 which is lower than -0.13 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SLNO fall -19.01% for period of 200 days. SMA for 50 days was -37.20% which is showing red signal, while SMA-20 was -40.62%. The moving average value for Soleno Therapeutics Inc. (SLNO) is 2.7998 and 3.2366 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SLNO stock. On Jun 10, SCHULER JACK W, 10% Owner, bought 339,083 trading shares at the cost of $1.97, which valued at 0.67 million. On Jun 08, FEINBERG LARRY N, 10% Owner, sold 150,918 shares at the cost of $3.40, with total shares of 655,000. On Jun 05, FEINBERG LARRY N, 10% Owner, sold 49,325 shares at the cost of 3.34. After this transaction, FEINBERG LARRY N total shares reached to 805,918 which valued at 0.16 million.