SNES Stock Summary and Trading Ideas (Senestech | NASDAQ:SNES)

SenesTech Inc is a United States-based biotech platform and research company engaged in developing technology for managing animal pest populations through fertility control. The company provides its solutions to the animal market, commercial markets, and food markets. It currently has two product lines of fertility control products: ContraPest and Evolve.

Senestech trades on the NASDAQ stock market under the symbol SNES.

As of May 13, 2024, SNES stock price climbed to $0.69 with 166,883 million shares trading.

SNES has a beta of -0.46, meaning it tends to be less sensitive to market movements. SNES has a correlation of 0.00 to the broad based SPY ETF.

SNES has a market cap of $3.55 million. This is considered a Sub-Micro Cap stock.

Last quarter Senestech reported $415,000 in Revenue and -$.36 earnings per share. This fell short of revenue expectation by $-15,000 and missed earnings estimates by -$.02.

In the last 3 years, SNES stock traded as high as $460.80 and as low as $.52.

SNES has underperformed the market in the last year with a price return of -95.8% while the SPY ETF gained +27.8%. SNES has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -34.9% and -5.3%, respectively, while the SPY returned +4.3% and +2.5%, respectively.

SNES support price is $.62 and resistance is $.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SNES stock will trade within this expected range on the day.