Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Sana Biotechnology Inc (NASDAQ: SANA) closed the day trading at $3.16 down -2.77% from the previous closing price of $3.25. In other words, the price has decreased by -$2.77 from its previous closing price. On the day, 5.37 million shares were traded. SANA stock price reached its highest trading level at $3.3777 during the session, while it also had its lowest trading level at $3.14.
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.Rodman & Renshaw initiated its Buy rating on June 26, 2024, with a $16 target price.
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 Jan 16 ’25 when CHRISTIAN HORDO & KATHARINE HO bought 75,000 shares for $3.86 per share.
FMR LLC sold 290,912 shares of SANA for $1,887,320 on Jan 08 ’25. The insider 1 now owns 4,541,511 shares after completing the transaction at $6.49 per share. On Dec 16 ’24, another insider, CHRISTIAN HORDO & KATHARINE HO, who serves as the Officer of the company, bought 75,000 shares for $1.89 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 705530048 and an Enterprise Value of 602606720.
Stock Price History:
The Beta on a monthly basis for SANA is 1.43, which has changed by -0.41372913 over the last 52 weeks, in comparison to a change of 0.23631513 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 27.84%, while the 200-Day Moving Average is calculated to be -39.36%.
Shares Statistics:
Over the past 3-months, SANA traded about 5.85M shares per day on average, while over the past 10 days, SANA traded about 27566840 shares per day. 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 53.34% stake in the company. Shares short for SANA as of 1735603200 were 37102533 with a Short Ratio of 6.35, compared to 1732838400 on 35152956. Therefore, it implies a Short% of Shares Outstanding of 37102533 and a Short% of Float of 34.35.
