SenesTech, Inc. Sees Significant Decline in Short Interest
SNES Stock | USD 2.25 0.01 0.44% |
Slightly above 62% of SenesTech's investor base is looking to short. The analysis of overall sentiment of trading SenesTech stock suggests that many investors are alarmed at this time. SenesTech's investing sentiment can be driven by a variety of factors including economic data, SenesTech's earnings reports, geopolitical events, and overall market trends.
SenesTech |
SenesTech, Inc. saw a significant drop in short interest in April. As of April 30th, there was short interest totalling 59,600 shares, a drop of 22.4 percent from the April 15th total of 76,800 shares. Based on an average trading volume of 329,800 shares, the days-to-cover ratio is currently 0.2 days. Currently,
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SenesTech Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards SenesTech can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
SenesTech Fundamental Analysis
We analyze SenesTech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SenesTech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SenesTech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
SenesTech is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
SenesTech Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SenesTech stock to make a market-neutral strategy. Peer analysis of SenesTech could also be used in its relative valuation, which is a method of valuing SenesTech by comparing valuation metrics with similar companies.
Peers
SenesTech Related Equities
DNMR | Danimer Scientific | 8.33 | ||||
GEVO | Gevo | 3.12 | ||||
NTIC | Northern Technologies | 2.81 | ||||
LWLG | Lightwave Logic | 2.50 | ||||
SCL | Stepan | 1.57 | ||||
KWR | Quaker Chemical | 1.18 | ||||
HWKN | Hawkins | 0.84 | ||||
IOSP | Innospec | 0.81 | ||||
SXT | Sensient Technologies | 0.71 | ||||
MTX | Minerals Technologies | 0.54 | ||||
AVNT | Avient Corp | 0.06 | ||||
ECVT | Ecovyst | 0.62 | ||||
ODC | Oil Dri | 0.63 | ||||
NEU | NewMarket | 1.37 | ||||
ALTO | Alto Ingredients | 2.03 | ||||
CNEY | CN Energy | 8.33 |
Additional Tools for SenesTech Stock Analysis
When running SenesTech's price analysis, check to measure SenesTech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SenesTech is operating at the current time. Most of SenesTech's value examination focuses on studying past and present price action to predict the probability of SenesTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SenesTech's price. Additionally, you may evaluate how the addition of SenesTech to your portfolios can decrease your overall portfolio volatility.