NASDAQ:SXTP

60 Degrees Pharmaceuticals (SXTP) Stock Price, News & Analysis

$0.24
+0.01 (+4.35%)
(As of 04/26/2024 ET)
Today's Range
$0.23
$0.24
50-Day Range
$0.23
$0.32
52-Week Range
$0.22
$8.65
Volume
84,376 shs
Average Volume
290,194 shs
Market Capitalization
$2.78 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.40

60 Degrees Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
900.0% Upside
$2.40 Price Target
Short Interest
Healthy
1.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.29) to ($0.12) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.14 out of 5 stars

SXTP stock logo

About 60 Degrees Pharmaceuticals Stock (NASDAQ:SXTP)

60 Degrees Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the development and commercialization of therapies for the prevention and treatment of infectious diseases in the United States. The company offers Arakoda for malaria preventative treatment. It also engages in the development of Tafenoquine (Arakoda regimen) that is in Phase IIb clinical trial for COVID-19 indications; Tafenoquine, which is in phase IIA clinical trials for babesiosis, fungal pneumonias, and candidiasis disease; and Celgosivir for respiratory viruses and dengue. 60 Degrees Pharmaceuticals, Inc. was founded in 2010 and is based in Washington, District Of Columbia.

SXTP Stock Price History

SXTP Stock News Headlines

Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
60 Degrees Shares Plumb New Lows After Public Offering
60 Degrees Pharmaceuticals Inc
Why Is 60 Degrees (SXTP) Stock Down 33% Today?
60 Degrees Pharmaceuticals, Inc. (SXTP)
See More Headlines
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Company Calendar

Last Earnings
4/01/2024
Today
4/27/2024
Next Earnings (Estimated)
7/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:SXTP
Fax
N/A
Employees
2
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.40
High Stock Price Target
$2.40
Low Stock Price Target
$2.40
Potential Upside/Downside
+900.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$250,000.00
Book Value
($0.87) per share

Miscellaneous

Free Float
N/A
Market Cap
$2.78 million
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Dr. Geoffrey Stuart Dow (Age 50)
    Chairman, CEO & President
    Comp: $125.56k
  • Mr. Tyrone Miller (Age 49)
    CFO & Director
    Comp: $135.63k
  • Dr. Bryan Smith (Age 58)
    Chief Medical Officer
  • Ms. Kristen Landon
    Chief Commercial Officer
  • Ms. Jennifer Herz
    Director

SXTP Stock Analysis - Frequently Asked Questions

Should I buy or sell 60 Degrees Pharmaceuticals stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for 60 Degrees Pharmaceuticals in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SXTP shares.
View SXTP analyst ratings
or view top-rated stocks.

What is 60 Degrees Pharmaceuticals' stock price target for 2024?

2 Wall Street analysts have issued 12 month target prices for 60 Degrees Pharmaceuticals' stock. Their SXTP share price targets range from $2.40 to $2.40. On average, they anticipate the company's share price to reach $2.40 in the next year. This suggests a possible upside of 900.0% from the stock's current price.
View analysts price targets for SXTP
or view top-rated stocks among Wall Street analysts.

How have SXTP shares performed in 2024?

60 Degrees Pharmaceuticals' stock was trading at $1.02 at the start of the year. Since then, SXTP stock has decreased by 76.5% and is now trading at $0.24.
View the best growth stocks for 2024 here
.

Are investors shorting 60 Degrees Pharmaceuticals?

60 Degrees Pharmaceuticals saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 130,700 shares, an increase of 95.1% from the March 31st total of 67,000 shares. Based on an average daily trading volume, of 335,700 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.5% of the company's shares are sold short.
View 60 Degrees Pharmaceuticals' Short Interest
.

When is 60 Degrees Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 1st 2024.
View our SXTP earnings forecast
.

How were 60 Degrees Pharmaceuticals' earnings last quarter?

60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP) issued its earnings results on Monday, April, 1st. The company reported ($0.44) earnings per share for the quarter. The firm earned ($0.10) million during the quarter, compared to analysts' expectations of $0.06 million.

When did 60 Degrees Pharmaceuticals IPO?

60 Degrees Pharmaceuticals (SXTP) raised $7 million in an initial public offering (IPO) on Wednesday, July 12th 2023. The company issued 1,400,000 shares at a price of $5.30 per share. WallachBeth Capital LLC acted as the underwriter for the IPO.

Who are 60 Degrees Pharmaceuticals' major shareholders?

60 Degrees Pharmaceuticals' stock is owned by a number of retail and institutional investors. Top institutional investors include Central Bank & Trust Co. (4.61%).

How do I buy shares of 60 Degrees Pharmaceuticals?

Shares of SXTP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SXTP) was last updated on 4/27/2024 by MarketBeat.com Staff

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