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The closing price of Cassava Sciences Inc (NASDAQ: SAVA) was $28.49 for the day, down -10.62% from the previous closing price of $31.87. In other words, the price has decreased by -$10.62 from its previous closing price. On the day, 5.78 million shares were traded. SAVA stock price reached its highest trading level at $30.33 during the session, while it also had its lowest trading level at $26.1.
Ratios:
Our analysis of SAVA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.07 and its Current Ratio is at 4.07. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On November 16, 2022, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $44.
Cantor Fitzgerald Downgraded its Overweight to Neutral on July 15, 2021, while the target price for the stock was maintained at $100.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAVA now has a Market Capitalization of 1366602112 and an Enterprise Value of 1159310080.
Stock Price History:
Over the past 52 weeks, SAVA has reached a high of $42.20, while it has fallen to a 52-week low of $8.79. The 50-Day Moving Average of the stock is 11.22%, while the 200-Day Moving Average is calculated to be 26.03%.
Shares Statistics:
SAVA traded an average of 3.51M shares per day over the past three months and 2328430 shares per day over the past ten days. A total of 47.98M shares are outstanding, with a floating share count of 42.38M. Insiders hold about 11.66% of the company’s shares, while institutions hold 28.09% stake in the company. Shares short for SAVA as of 1726185600 were 15913839 with a Short Ratio of 4.53, compared to 1723680000 on 17677296. Therefore, it implies a Short% of Shares Outstanding of 15913839 and a Short% of Float of 35.4.
