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The price of Cassava Sciences Inc (NASDAQ: SAVA) closed at $3.84 in the last session, down -3.52% from day before closing price of $3.98. In other words, the price has decreased by -$3.52 from its previous closing price. On the day, 15.86 million shares were traded. SAVA stock price reached its highest trading level at $4.0 during the session, while it also had its lowest trading level at $3.77.
Ratios:
We take a closer look at SAVA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 08, 2024, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $116.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 29 ’24 when Schoen Eric bought 59,800 shares for $3.86 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAVA now has a Market Capitalization of 191479680 and an Enterprise Value of 35766224.
Stock Price History:
Over the past 52 weeks, SAVA has reached a high of $42.20, while it has fallen to a 52-week low of $3.65. The 50-Day Moving Average of the stock is -84.92%, while the 200-Day Moving Average is calculated to be -82.97%.
Shares Statistics:
According to the various share statistics, SAVA traded on average about 4.26M shares per day over the past 3-months and 18412760 shares per day over the past 10 days. A total of 42.24M shares are outstanding, with a floating share count of 41.77M. Insiders hold about 13.18% of the company’s shares, while institutions hold 29.65% stake in the company. Shares short for SAVA as of 1731628800 were 18083425 with a Short Ratio of 4.24, compared to 1728950400 on 18936278. Therefore, it implies a Short% of Shares Outstanding of 18083425 and a Short% of Float of 40.11.
