Sorrento Therapeutics, Inc. (SRNE) has seen some recent action in the market and its common shares closed at $4.9000 yesterday. People are starting to take interest of SRNE as the common shares traded as high as $4.9500 and as low as $4.7600 in the previous market session.
Sorrento Therapeutics, Inc. (SRNE) average trading volume is 29.21M. However, in the previous market session Sorrento Therapeutics, Inc. (SRNE) traded 11,771,747 shares. The 1st downside support level on SRNE is $3.99 and the 1st resistance level on SRNE is $9.98. SRNE fifty day moving average is $4.3554 and SRNE 200 day moving average is $3.2869.
Sorrento Therapeutics, Inc. (SRNE) recent performance has been indicated by the recent movement in SRNE common shares. SRNE has performed -2.58% over the past 4 weeks, SRNE has performed 139.02% over the past 90 days and SRNE has shown 24.68% over the past 1 year. Sorrento Therapeutics, Inc. (SRNE) has a 52 week range of $1.3900 to $10.0000. Sorrento Therapeutics, Inc. (SRNE) is trading 252.52% from its 52 week low and -51.00% from its 52 week high. Sorrento Therapeutics, Inc. (SRNE) is indicating a 25.10% short float indicating the amount short in the float.
SRNE has 182.61M shares outstanding and 147.65M shares in the float. Sorrento Therapeutics, Inc. (SRNE) currently has a market cap of $1.03B and income of -249.20M. The EPS next quarter for SRNE is -0.23 and forecasted EPS next year is -12.00%. The market cap of Sorrento Therapeutics, Inc. (SRNE) at $1.03B represents how many People own shares of SRNE and is calculated off the last price ($4.9000) of SRNE and the amount of shares outstanding (182.61M) with Sorrento Therapeutics, Inc. (SRNE).
Sorrento Therapeutics, Inc. (SRNE) has aggregate cash (mrq) of 21.9M, aggregate cash per share (mrq) of 0.11, aggregate debt of SRNE rests at 255.01M and aggregate debt/equity (mrq) is 497.82. . Sorrento Therapeutics, Inc. (SRNE) operating cash flow (ttm) is -167.24M, SRNE leveraged free cash flow (ttm) is -114.95M.
SRNE is trading 3.36% above (bullish) its SMA20, 30.89% above (bullish) its SMA50 and 71.13% above (bullish) its SMA200.
