The overreaction has so far been only a bit less than 50% from $14.80 to $21.
SRX SP is still a long way from $39.
That is the typical story with biopharma stocks, big risk but big returns.
U could say the market now has confidence in SRX and u could its lack of support with volume above $20 is no confidence.
Without dividends, meaningful EPSs or metrics for SRX in current state, a valuation for SRX is a tricky thing to achieve with any degree of certainty.
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Open | High | Low | Value | Volume |
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6 | 1607688 | 0.170 |
1 | 18186 | 0.165 |
1 | 11500 | 0.155 |
1 | 2577 | 0.097 |
Price($) | Vol. | No. |
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