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60 Degrees Pharmaceuticals, Inc. (SXTP)
NASDAQ:SXTP
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SXTP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.70 - $18.36
Previous Close$1.06
Volume22.84K
Average Volume (3M)86.80K
Market Cap
$2.44M
Enterprise Value$647.11K
Total Cash (Recent Filing)$1.71M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.47
Next Earnings
May 15, 2024EPS Estimate
-$2.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-8.94
Shares Outstanding2,297,465
10 Day Avg. Volume53,468
30 Day Avg. Volume86,796
Standard Deviation0.33
R-Squared0.30
Alpha-0.22
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)-0.60
Price to Sales (P/S)5.61
Price to Cash Flow (P/CF)-0.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.51
Enterprise Value/Gross Profit-2.93
Enterprise Value/Ebitda0.34
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
60 Degrees Pharmaceuticals, Inc. News
Bulls Say, Bears Say
Bulls Say
Clinical DevelopmentThe company is currently enrolling patients in the Phase 2/3 trial of Arakoda in hospitalized babesiosis patients.
Regulatory AdvantageArakoda was recently granted FDA Orphan Drug Designation for the treatment of babesiosis.
Sales GrowthArakoda boxes sold increased 140% YoY, indicating strong sales growth and market demand for the product.
Bears Say
Financial PerformanceQ2 FY24 results showed revenues of $125,000, which were below the estimate of $170,000, and a pro-forma EPS of $(4.24) was impacted by a non-cash R&D charge.
Funding NeedsThe company is expected to need to raise additional funds by Q1 of FY25 due to a cash burn rate of $1-1.3 million per quarter.
Market UncertaintyThere is little insight into the malaria market at this time and the analyst awaits the company's findings from its pilot program.
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Options Prices
Currently, No data available
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Ownership Overview
18.06% Insiders
0.16% Mutual Funds
0.61% Other Institutional Investors
81.13% Public Companies and
Individual Investors
SXTP FAQ
What was 60 Degrees Pharmaceuticals, Inc.’s price range in the past 12 months?
60 Degrees Pharmaceuticals, Inc. lowest stock price was $0.70 and its highest was $18.36 in the past 12 months.
What is 60 Degrees Pharmaceuticals, Inc.’s market cap?
Currently, no data Available
When is 60 Degrees Pharmaceuticals, Inc.’s upcoming earnings report date?
60 Degrees Pharmaceuticals, Inc.’s upcoming earnings report date is May 15, 2024 which is 221 days ago.
How were 60 Degrees Pharmaceuticals, Inc.’s earnings last quarter?
Currently, no data Available
Is 60 Degrees Pharmaceuticals, Inc. overvalued?
According to Wall Street analysts 60 Degrees Pharmaceuticals, Inc.’s price is currently Overvalued.
Does 60 Degrees Pharmaceuticals, Inc. pay dividends?
60 Degrees Pharmaceuticals, Inc. does not currently pay dividends.
What is 60 Degrees Pharmaceuticals, Inc.’s EPS estimate?
60 Degrees Pharmaceuticals, Inc.’s EPS estimate is -$2.28.
How many shares outstanding does 60 Degrees Pharmaceuticals, Inc. have?
60 Degrees Pharmaceuticals, Inc. has 2,297,465 shares outstanding.
What happened to 60 Degrees Pharmaceuticals, Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of 60 Degrees Pharmaceuticals, Inc.?
Currently, no hedge funds are holding shares in SXTP
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60 Degrees Pharmaceuticals, Inc. Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
― (―)
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Insider Transactions
Bought Shares
Worth $14.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 13.8%
Last 30 Days ▼ 13.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-86.10%
12-Months-Change
Fundamentals
Return on Equity
-124.71%
Trailing 12-Months
Asset Growth
-18.90%
Trailing 12-Months
Company Description
60 Degrees Pharmaceuticals, Inc.
60 Degrees Pharmaceuticals, Inc. is a specialty pharmaceutical company. The Company is focused on using biological science and applied research to develop and commercialize new therapies for the prevention and treatment of infectious diseases. Its lead product, ARAKODA (tafenoquine), is an antimalarial indicated for the prophylaxis of malaria in patients aged 18 years and older. The Company's pipeline under development covers development programs for COVID-19, fungal, tick-borne, and other viral diseases; new products that contain the Arakoda regimen of Tafenoquine; new products that contain Tafenoquine, and Celgosivir. The ARAKODA regimen of tafenoquine is in Phase II study data in patients with mild-moderate COVID-19 disease. It is also planning a clinical study to assess the utility of ARAKODA as a treatment for human babesiosis. The Company is also developing Celgosivir for the treatment of COVID-19, respiratory syncytial virus (RSV), and dengue.
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SXTP Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Best Analysts Covering SXTP
1 Year
1 Year Success Rate
0/4 ratings generated profit
1 Year Average Return
-63.60%
reiterated a buy rating 4 months ago
Copying Lucas Ward's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -63.60% per trade.
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