Closing Bell Recap: Sangamo Therapeutics Inc (SGMO) Ends at 2.34, Reflecting a -8.59 Downturn

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Sangamo Therapeutics Inc (NASDAQ: SGMO) closed the day trading at $2.34 down -8.59% from the previous closing price of $2.56. In other words, the price has decreased by -$8.59 from its previous closing price. On the day, 11.14 million shares were traded. SGMO stock price reached its highest trading level at $2.5 during the session, while it also had its lowest trading level at $2.32.

Ratios:

For a better understanding of SGMO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.71.

On December 10, 2024, H.C. Wainwright reiterated its Buy ratingand also kept the price unchanged to $10.

RBC Capital Mkts Downgraded its Outperform to Sector Perform on November 03, 2023, whereas the target price for the stock was revised from $6 to $2.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGMO now has a Market Capitalization of 488233984 and an Enterprise Value of 476053312. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.09 while its Price-to-Book (P/B) ratio in mrq is 12.47. Its current Enterprise Value per Revenue stands at 9.104 whereas that against EBITDA is -4.068.

Stock Price History:

Over the past 52 weeks, SGMO has reached a high of $3.18, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 11.57%, while the 200-Day Moving Average is calculated to be 129.04%.

Shares Statistics:

Over the past 3-months, SGMO traded about 8.50M shares per day on average, while over the past 10 days, SGMO traded about 10534140 shares per day. A total of 208.62M shares are outstanding, with a floating share count of 199.18M. Insiders hold about 4.54% of the company’s shares, while institutions hold 27.00% stake in the company. Shares short for SGMO as of 1734048000 were 19605653 with a Short Ratio of 2.31, compared to 1731628800 on 13391232. Therefore, it implies a Short% of Shares Outstanding of 19605653 and a Short% of Float of 9.45.

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