Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Sangamo Therapeutics Inc (NASDAQ: SGMO) was $0.91 for the day, down -0.84% from the previous closing price of $0.92. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 2.36 million shares were traded. SGMO stock price reached its highest trading level at $0.9292 during the session, while it also had its lowest trading level at $0.864.
Ratios:
Our analysis of SGMO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 1.23 whereas as Long-Term Debt/Eq ratio is at 1.23.
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 the company, RBC Capital Mkts on November 03, 2023, Downgraded its rating to Sector Perform and sets its target price to $2 from $6 previously.
On April 28, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $5 to $1.50.
Wedbush Upgraded its Neutral to Outperform on February 27, 2023, while the target price for the stock was maintained at $16.
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 190105760 and an Enterprise Value of 193019776. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.48 while its Price-to-Book (P/B) ratio in mrq is 8.02. Its current Enterprise Value per Revenue stands at 15.722 whereas that against EBITDA is -1.043.
Stock Price History:
Over the past 52 weeks, SGMO has reached a high of $1.48, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is 6.11%, while the 200-Day Moving Average is calculated to be 33.76%.
Shares Statistics:
SGMO traded an average of 14.07M shares per day over the past three months and 2545250 shares per day over the past ten days. A total of 208.22M shares are outstanding, with a floating share count of 198.84M. Insiders hold about 4.51% of the company’s shares, while institutions hold 42.03% stake in the company. Shares short for SGMO as of 1727654400 were 18155497 with a Short Ratio of 1.29, compared to 1724976000 on 17964241. Therefore, it implies a Short% of Shares Outstanding of 18155497 and a Short% of Float of 8.77.
