Societal CDMO (SCTL) News Today

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Societal CDMO, Inc. (NASDAQ:SCTL) Short Interest Down 99.1% in March
Societal CDMO, Inc. (NASDAQ:SCTL - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 2,400 shares, a drop of 99.1% from the March 15th total of 271,500 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is presently 0.3 days.
Societal CDMO, Inc. (NASDAQ:SCTL) Short Interest Up 82.8% in March
Societal CDMO, Inc. (NASDAQ:SCTL - Get Free Report) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 271,500 shares, a growth of 82.8% from the February 29th total of 148,500 shares. Based on an average daily volume of 922,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company's stock are short sold.
Societal CDMO (NASDAQ:SCTL) Releases Earnings Results
Societal CDMO (NASDAQ:SCTL - Get Free Report) issued its earnings results on Friday. The company reported ($0.01) earnings per share (EPS) for the quarter. Societal CDMO had a negative return on equity of 25.04% and a negative net margin of 23.75%.
Societal CDMO, Inc. (NASDAQ:SCTL) Short Interest Down 20.1% in February
Societal CDMO, Inc. (NASDAQ:SCTL - Get Free Report) was the recipient of a significant drop in short interest during the month of February. As of February 29th, there was short interest totalling 148,500 shares, a drop of 20.1% from the February 14th total of 185,800 shares. Approximately 0.2% of the company's stock are sold short. Based on an average daily volume of 753,800 shares, the short-interest ratio is currently 0.2 days.
Royal Bank of Canada Reaffirms Sector Perform Rating for Societal CDMO (NASDAQ:SCTL)
Royal Bank of Canada reiterated a "sector perform" rating and set a $1.10 target price (down previously from $1.25) on shares of Societal CDMO in a research report on Thursday.
Why Is Societal CDMO (SCTL) Stock Up 133% Today?
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SCTL Media Mentions By Week

SCTL Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

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SCTL News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

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This page (NASDAQ:SCTL) was last updated on 5/16/2024 by MarketBeat.com Staff

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