Closing Bell Recap: Sana Biotechnology Inc (SANA) Ends at 2.30, Reflecting a 0.22 Upturn

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Sana Biotechnology Inc (NASDAQ: SANA) closed the day trading at $2.30 up 0.22% from the previous closing price of $2.30. In other words, the price has increased by $0.22 from its previous closing price. On the day, 1.66 million shares were traded. SANA stock price reached its highest trading level at $2.455 during the session, while it also had its lowest trading level at $2.28.

Ratios:

For a better understanding of SANA, let’s 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 Nov 26 ’24 when Hardy Nathan bought 91,607 shares for $2.50 per share.

NATHAN HARDY bought 25,933 shares of SANA for $64,960 on Nov 25 ’24. On Oct 21 ’24, another insider, NATHAN HARDY, who serves as the Officer of the company, bought 45,796 shares for $3.95 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 513518656 and an Enterprise Value of 410595456.

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 $2.29. The 50-Day Moving Average of the stock is -32.01%, while the 200-Day Moving Average is calculated to be -62.77%.

Shares Statistics:

Over the past 3-months, SANA traded about 1.51M shares per day on average, while over the past 10 days, SANA traded about 1719580 shares per day. A total of 223.11M shares are outstanding, with a floating share count of 122.07M. Insiders hold about 45.33% of the company’s shares, while institutions hold 53.24% stake in the company. Shares short for SANA as of 1731628800 were 35365808 with a Short Ratio of 23.38, compared to 1728950400 on 33279567. Therefore, it implies a Short% of Shares Outstanding of 35365808 and a Short% of Float of 32.740003.

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