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Sana Biotechnology Inc (NASDAQ: SANA) closed the day trading at $4.25 down -8.01% from the previous closing price of $4.62. In other words, the price has decreased by -$8.01 from its previous closing price. On the day, 2.82 million shares were traded. SANA stock price reached its highest trading level at $4.63 during the session, while it also had its lowest trading level at $4.24.
Ratios:
For a better understanding of SANA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.20 and its Current Ratio is at 5.20. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rodman & Renshaw on June 26, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On January 16, 2024, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $12.
On September 25, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $9.JMP Securities initiated its Mkt Outperform rating on September 25, 2023, with a $9 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 Mar 08 ’24 when Yang Patrick Y sold 25,000 shares for $9.45 per share. The transaction valued at 236,300 led to the insider holds 149,250 shares of the business.
NELSEN ROBERT bought 1,818,181 shares of SANA for $9,999,996 on Feb 08 ’24. The Director now owns 12,446,022 shares after completing the transaction at $5.50 per share. On Feb 08 ’24, another insider, CRANDELL KEITH, who serves as the 10% Owner of the company, bought 1,818,181 shares for $5.50 each. As a result, the insider paid 9,999,996 and bolstered with 12,446,022 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 945480512 and an Enterprise Value of 792394240.
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 $2.74. The 50-Day Moving Average of the stock is -21.50%, while the 200-Day Moving Average is calculated to be -36.68%.
Shares Statistics:
Over the past 3-months, SANA traded about 1.71M shares per day on average, while over the past 10 days, SANA traded about 1663770 shares per day. A total of 197.86M shares are outstanding, with a floating share count of 121.48M. Insiders hold about 45.39% of the company’s shares, while institutions hold 51.03% stake in the company. Shares short for SANA as of 1724976000 were 31808746 with a Short Ratio of 18.63, compared to 1722384000 on 29812230. Therefore, it implies a Short% of Shares Outstanding of 31808746 and a Short% of Float of 29.67.
