Home Trending Stocks Salarius Pharmaceuticals Inc. (SLRX) stock is surging on Thursday’s pre-market?

Salarius Pharmaceuticals Inc. (SLRX) stock is surging on Thursday’s pre-market?

Salarius Pharmaceuticals Inc. (SLRX) shares were rising 2.26% to trade at $1.36 in premarket at last check. SLRX’s stock gained 4.72% to close Wednesday’s session at $1.33. SLRX shares have risen 10.83% over the last 12 months, and they have moved up 9.02% in the past week. Over the past three months, the stock has lost 17.39%, while over the past six months, it has soared 95.47%.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Presentation of key findings from three abstracts at ASCO 20221

On May 19, 2021, the American Society of Clinical Oncology (ASCO)accepted and publish the three Salarius abstracts for poster presentations during the ASCO 2021 Annual Meeting. ASCO 2021 will take place June 4-8, 2021 via a virtual platform.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

  Read More

Three abstracts are related to clinical research involving Salarius lead drug candidate, seclidemstat.

Recent financial results

On May 12, 2021, Salarius Pharmaceuticals, Inc released its financial results for the first quarter ended March 31, 2021.

Q1 2021 financial highlights

  • Grant revenue was $1.3 million in Q1 2021 compared to $1.1 million in Q1 2020.
  • Salarius’ reported a net loss of $1.9 million, or $0.06 per basic and diluted share for Q1 2021, compared to a net loss of $2.1 million, or $0.22 per basic and diluted share for Q1 2020.
  • Total operating expenses were $3.07 million in Q1 2021 compared to $3.5 million in Q1 2020.
  • On March 31, 2021, Salarius had cash and cash equivalents of $36.6 million. 

Q4 and FY2020 financial results

OnMarch 18, 2021, Salarius Pharmaceuticals, Inc reported its financial results for the full year and the fourth quarter ended December 31, 2020.

Q4 2020 financial highlights

  • For Q4 2020, Salarius suffered a net loss of 1.8 million, or $0.10 per basic and diluted share, compared to a net loss of $1.9 million, or $0.46 per basic and diluted share in Q4 2019.
  • Total operating expenses were $3.24 million for Q4 2020 compared to $3.0 million in Q4 2019.

FY2020 financial highlights
Salarius’ reported a net loss of $7.4 million, or $0.50 per basic and diluted share for FY 2020, compared to a net loss of $6.9 million, or $2.12 per basic and diluted share for FY 2019.

Conclusion

As of this writing, there is no recent news or development due to which SLRX stock is surging in the pre-market. We hope the SLRX will continue to surge in the coming days as well.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Can-Fite BioPharma Inc. (CANF) stock soars during current market. Why so?

Can-Fite BioPharma Inc. (NASDAQ: CANF) stock gained by 4.42% in the current market trading session. Can-Fite BioPharma Ltd. is a medication research company in...

UXIN stock surges during current market. Here’s to know why?

Uxin Ltd. (NASDAQ: UXIN) stock gains by 14.67% at last check during current market trading. In China, Uxin Limited is a prominent online used...

Opgen Inc. (OPGN) stock surged during pre-market session. What’s driving it high?

Opgen Inc. (NASDAQ: OPGN) stock declined by 1.84% at the last close whereas the OPGN stock price gains by 22.07% in the pre-market trading...

Vista Gold Corp. (VGZ) stock soars during pre-market trading. Here’s what you should know

Vista Gold Corp. (NASDAQ: VGZ) stock gained by 17.65% in the pre-market trading session. Vista is a project developer with a gold rating. The...

Novan Inc. (NOVN) stock soars during pre-market trading. What’s driving it high?

Novan Inc. (NASDAQ: NOVN) stock gained by 62.39% at last close whereas the NOVN stock price surged by 0.82% in the pre-market trading session....

Can-Fite BioPharma Inc. (CANF) stock soars during current market. Why so?

Can-Fite BioPharma Inc. (NASDAQ: CANF) stock gained by 4.42% in the current market trading session. Can-Fite BioPharma Ltd. is a medication research company in...

UXIN stock surges during current market. Here’s to know why?

Uxin Ltd. (NASDAQ: UXIN) stock gains by 14.67% at last check during current market trading. In China, Uxin Limited is a prominent online used...

Avenue Therapeutics Inc. (ATXI) stock plunged during pre-market trading. What’s behind this?

Avenue Therapeutics Inc. (NASDAQ: ATXI) stock declined by 28.27% at last close while the ATXI stock price falls during pre-market as well, by 8.94%....

Related News

Can-Fite BioPharma Inc. (CANF) stock soars during current market. Why so?

Can-Fite BioPharma Inc. (NASDAQ: CANF) stock gained by 4.42% in the current market trading session. Can-Fite BioPharma Ltd. is a medication research company in...

UXIN stock surges during current market. Here’s to know why?

Uxin Ltd. (NASDAQ: UXIN) stock gains by 14.67% at last check during current market trading. In China, Uxin Limited is a prominent online used...

Opgen Inc. (OPGN) stock surged during pre-market session. What’s driving it high?

Opgen Inc. (NASDAQ: OPGN) stock declined by 1.84% at the last close whereas the OPGN stock price gains by 22.07% in the pre-market trading...

Vista Gold Corp. (VGZ) stock soars during pre-market trading. Here’s what you should know

Vista Gold Corp. (NASDAQ: VGZ) stock gained by 17.65% in the pre-market trading session. Vista is a project developer with a gold rating. The...

Novan Inc. (NOVN) stock soars during pre-market trading. What’s driving it high?

Novan Inc. (NASDAQ: NOVN) stock gained by 62.39% at last close whereas the NOVN stock price surged by 0.82% in the pre-market trading session....

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam