For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Sana Biotechnology Inc (NASDAQ: SANA) was $3.86 for the day, up 6.34% from the previous closing price of $3.63. In other words, the price has increased by $6.34 from its previous closing price. On the day, 10.33 million shares were traded. SANA stock price reached its highest trading level at $3.86 during the session, while it also had its lowest trading level at $3.19.
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.Rodman & Renshaw initiated its Buy rating on June 26, 2024, with a $16 target price.
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 Jan 08 ’25 when FMR LLC sold 290,912 shares for $6.49 per share. The transaction valued at 1,887,320 led to the insider holds 4,541,511 shares of the business.
CHRISTIAN HORDO & KATHARINE HO bought 75,000 shares of SANA for $141,750 on Dec 16 ’24. On Nov 26 ’24, another insider, Hardy Nathan, who serves as the Former CFO of the company, bought 91,607 shares for $2.50 each.
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 861818304 and an Enterprise Value of 758894912.
Stock Price History:
The Beta on a monthly basis for SANA is 1.23, which has changed by -0.35752213 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, SANA has reached a high of $12.00, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is 54.89%, while the 200-Day Moving Average is calculated to be -26.81%.
Shares Statistics:
SANA traded an average of 5.49M shares per day over the past three months and 25076770 shares per day over the past ten days. A total of 223.11M shares are outstanding, with a floating share count of 122.41M. Insiders hold about 45.17% of the company’s shares, while institutions hold 53.26% stake in the company. Shares short for SANA as of 1735603200 were 37102533 with a Short Ratio of 6.76, compared to 1732838400 on 35152956. Therefore, it implies a Short% of Shares Outstanding of 37102533 and a Short% of Float of 34.35.
