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The closing price of Sana Biotechnology Inc (NASDAQ: SANA) was $3.76 for the day, up 2.73% from the previous closing price of $3.66. In other words, the price has increased by $2.73 from its previous closing price. On the day, 0.8 million shares were traded. SANA stock price reached its highest trading level at $3.81 during the session, while it also had its lowest trading level at $3.53.
Ratios:
Our analysis of SANA’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 21 ’24 when NATHAN HARDY bought 45,796 shares for $3.95 per share.
Mulligan Richard sold 150,000 shares of SANA for $612,570 on Sep 24 ’24. The Director now owns 2,848,121 shares after completing the transaction at $4.08 per share. On Sep 25 ’24, another insider, Mulligan Richard, who serves as the Director of the company, sold 150,000 shares for $3.89 each. As a result, the insider received 583,170 and left with 2,698,121 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 836472128 and an Enterprise Value of 683385920.
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 $3.06. The 50-Day Moving Average of the stock is -14.93%, while the 200-Day Moving Average is calculated to be -43.12%.
Shares Statistics:
SANA traded an average of 1.34M shares per day over the past three months and 973010 shares per day over the past ten days. A total of 197.86M shares are outstanding, with a floating share count of 121.63M. Insiders hold about 45.33% of the company’s shares, while institutions hold 51.09% stake in the company. Shares short for SANA as of 1728950400 were 33279567 with a Short Ratio of 24.92, compared to 1726185600 on 31169232. Therefore, it implies a Short% of Shares Outstanding of 33279567 and a Short% of Float of 31.04.
