Scorpius Holdings ( (SCPX) ) has released a notification of late filing.
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Scorpius Holdings, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The company cites time constraints on management as the primary reason for the delay, which has made timely filing impractical without incurring undue hardship and expense. Scorpius Holdings anticipates filing the report within five calendar days following the prescribed due date. The company expects a decrease in revenue and an increase in net loss compared to the same quarter last year, although specific figures are not yet available. The notification was signed by William Ostrander, the Chief Financial Officer, indicating ongoing compliance efforts.
The most recent analyst rating on (SCPX) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Scorpius Holdings stock, see the SCPX Stock Forecast page.
Spark’s Take on SCPX Stock
According to Spark, TipRanks’ AI Analyst, SCPX is a Underperform.
Scorpius Holdings is facing severe financial challenges, including negative income, high debt, and poor cash flow management. The technical analysis reflects a strong bearish trend, further undermining investor confidence. Recent corporate events, including delisting from NYSE, add to the negative outlook, although the board expansion offers a minor positive. Overall, the stock is in need of significant financial restructuring to improve its standing.
To see Spark’s full report on SCPX stock, click here.
More about Scorpius Holdings
Average Trading Volume: 606,402
Technical Sentiment Signal: Sell
Current Market Cap: $650.4K
For a thorough assessment of SCPX stock, go to TipRanks’ Stock Analysis page.
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