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The closing price of Sight Sciences Inc (NASDAQ: SGHT) was $2.49 for the day, up 1.22% from the previous closing price of $2.46. In other words, the price has increased by $1.22 from its previous closing price. On the day, 0.78 million shares were traded.
Ratios:
Our analysis of SGHT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.74 and its Current Ratio is at 10.18. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.37.
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, UBS on December 06, 2024, initiated with a Buy rating and assigned the stock a target price of $5.50.
On November 04, 2024, Lake Street Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $10 to $5.
On August 21, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $10.Lake Street initiated its Buy rating on August 21, 2024, with a $10 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 Jan 17 ’25 when Badawi David sold 5,423 shares for $2.78 per share. The transaction valued at 15,081 led to the insider holds 1,744,118 shares of the business.
Badawi Paul sold 24,819 shares of SGHT for $72,571 on Jan 16 ’25. The President and CEO now owns 5,676,331 shares after completing the transaction at $2.92 per share. On Jan 17 ’25, another insider, HAYDEN JEREMY B., who serves as the Chief Legal Officer of the company, sold 6,922 shares for $2.78 each. As a result, the insider received 19,250 and left with 145,091 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 1.32.
Stock Price History:
Over the past 52 weeks, SGHT has reached a high of $8.45, while it has fallen to a 52-week low of $2.45. The 50-Day Moving Average of the stock is -19.78%, while the 200-Day Moving Average is calculated to be -52.55%.
Shares Statistics:
A total of 50.40M shares are outstanding, with a floating share count of 29.77M. Insiders hold about 41.35% of the company’s shares, while institutions hold 35.21% stake in the company.
