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After finishing at $3.10 in the prior trading day, Sana Biotechnology Inc (NASDAQ: SANA) closed at $3.01, down -3.06%. In other words, the price has decreased by -$3.06 from its previous closing price. On the day, 1.47 million shares were traded. SANA stock price reached its highest trading level at $3.185 during the session, while it also had its lowest trading level at $3.0.
Ratios:
Our goal is to gain a better understanding of SANA by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 670923328 and an Enterprise Value of 536558400.
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 $2.85. The 50-Day Moving Average of the stock is -28.56%, while the 200-Day Moving Average is calculated to be -54.25%.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 1603620 shares per day over the last 10 days, according to various share statistics. A total of 197.86M shares are outstanding, with a floating share count of 121.63M. Insiders hold about 45.33% of the company’s shares, while institutions hold 51.42% stake in the company. Shares short for SANA as of 1728950400 were 33279567 with a Short Ratio of 24.24, compared to 1726185600 on 31169232. Therefore, it implies a Short% of Shares Outstanding of 33279567 and a Short% of Float of 31.04.
