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The closing price of Sana Biotechnology Inc (NASDAQ: SANA) was $2.42 for the day, down -6.56% from the previous closing price of $2.59. In other words, the price has decreased by -$6.56 from its previous closing price. On the day, 2.64 million shares were traded. SANA stock price reached its highest trading level at $2.65 during the session, while it also had its lowest trading level at $2.345.
Ratios:
Our analysis of SANA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.47 and its Current Ratio is at 4.47. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.29.
On June 26, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $16.
H.C. Wainwright Upgraded its Neutral to Buy on January 16, 2024, while the target price for the stock was maintained at $12.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 21 ’24 when NATHAN HARDY bought 45,796 shares for $3.95 per share.
Mulligan Richard sold 150,000 shares of SANA for $612,570 on Sep 24 ’24. The Director now owns 2,848,121 shares after completing the transaction at $4.08 per share. On Sep 25 ’24, another insider, Mulligan Richard, who serves as the Director of the company, sold 150,000 shares for $3.89 each. As a result, the insider received 583,170 and left with 2,698,121 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SANA now has a Market Capitalization of 540310976 and an Enterprise Value of 437387712.
Stock Price History:
Over the past 52 weeks, SANA has reached a high of $12.00, while it has fallen to a 52-week low of $2.55. The 50-Day Moving Average of the stock is -38.30%, while the 200-Day Moving Average is calculated to be -62.73%.
Shares Statistics:
SANA traded an average of 1.40M shares per day over the past three months and 2067680 shares per day over the past ten days. A total of 197.86M shares are outstanding, with a floating share count of 122.07M. Insiders hold about 45.33% of the company’s shares, while institutions hold 53.23% stake in the company. Shares short for SANA as of 1730332800 were 34283525 with a Short Ratio of 24.49, compared to 1727654400 on 31525620. Therefore, it implies a Short% of Shares Outstanding of 34283525 and a Short% of Float of 31.740000000000002.
