The closing price of Savara Inc (NASDAQ: SVRA) was $5.05 for the day, down -0.79% from the previous closing price of $5.09. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 1925347 shares were traded.
Ratios:
Our analysis of SVRA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 18.98 and its Current Ratio is at 18.98. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.18.
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, JMP Securities on February 15, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $8.
On November 07, 2023, Guggenheim started tracking the stock assigning a Buy rating and target price of $7.
Jefferies Upgraded its Hold to Buy on May 16, 2023, whereas the target price for the stock was revised from $2 to $4.
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 Dec 28 when Elam Nevan C sold 93,843 shares for $4.71 per share. The transaction valued at 442,291 led to the insider holds 22,500 shares of the business.
Pauls Matthew sold 84,000 shares of SVRA for $395,900 on Dec 28. The CHIEF EXECUTIVE OFFICER now owns 1,302,674 shares after completing the transaction at $4.71 per share. On Dec 28, another insider, Lowrance David L, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 10,000 shares for $4.71 each. As a result, the insider received 47,131 and left with 342,355 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, SVRA now has a Market Capitalization of 688.89M and an Enterprise Value of 547.05M.
Stock Price History:
Over the past 52 weeks, SVRA has reached a high of $5.44, while it has fallen to a 52-week low of $1.63. The 50-Day Moving Average of the stock is 4.73, while the 200-Day Moving Average is calculated to be 3.75.
Shares Statistics:
SVRA traded an average of 995.15K shares per day over the past three months and 998.16k shares per day over the past ten days. A total of 114.05M shares are outstanding, with a floating share count of 65.38M. Insiders hold about 51.69% of the company’s shares, while institutions hold 43.16% stake in the company. Shares short for SVRA as of Feb 15, 2024 were 2.72M with a Short Ratio of 2.73, compared to 3.2M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.01% and a Short% of Float of 2.50%.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.11, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.09 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.34 and -$0.36 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.38, with 7 analysts recommending between -$0.26 and -$0.46.
