For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Cassava Sciences Inc’s stock clocked out at $2.83, down -6.46% from its previous closing price of $3.02. In other words, the price has decreased by -$6.46 from its previous closing price. On the day, 3.63 million shares were traded. SAVA stock price reached its highest trading level at $3.0 during the session, while it also had its lowest trading level at $2.7.
Ratios:
To gain a deeper understanding of SAVA’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 29 ’24 when Kupiec James William sold 4,000 shares for $3.87 per share. The transaction valued at 15,480 led to the insider holds 0 shares of the business.
Schoen Eric sold 59,800 shares of SAVA for $230,828 on Nov 29 ’24. The Chief Financial Officer now owns 11,500 shares after completing the transaction at $3.86 per share. On Nov 29 ’24, another insider, Schoen Eric, who serves as the Chief Financial Officer of the company, sold 2,000 shares for $3.82 each. As a result, the insider received 7,640 and left with 0 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, SAVA now has a Market Capitalization of 135912160 and an Enterprise Value of -13065908.
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 $2.23. The 50-Day Moving Average of the stock is -77.21%, while the 200-Day Moving Average is calculated to be -85.95%.
Shares Statistics:
It appears that SAVA traded 5.55M shares on average per day over the past three months and 4274190 shares per day over the past ten days. A total of 47.98M shares are outstanding, with a floating share count of 41.80M. Insiders hold about 13.11% of the company’s shares, while institutions hold 29.70% stake in the company. Shares short for SAVA as of 1734048000 were 17616409 with a Short Ratio of 3.18, compared to 1731628800 on 18083425. Therefore, it implies a Short% of Shares Outstanding of 17616409 and a Short% of Float of 39.069998.
