Market Highlights: Sangamo Therapeutics Inc (SGMO) Ends on a High Note at 0.72

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The price of Sangamo Therapeutics Inc (NASDAQ: SGMO) closed at $0.72 in the last session, up 3.59% from day before closing price of $0.70. In other words, the price has increased by $3.59 from its previous closing price. On the day, 5.48 million shares were traded. SGMO stock price reached its highest trading level at $0.7378 during the session, while it also had its lowest trading level at $0.6762.

Ratios:

We take a closer look at SGMO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.15.

On December 10, 2024, H.C. Wainwright reiterated its Buy ratingand also kept the price unchanged to $10.

RBC Capital Mkts Downgraded its Outperform to Sector Perform on November 03, 2023, whereas the target price for the stock was revised from $6 to $2.

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 162645104 and an Enterprise Value of 136170128. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.81 while its Price-to-Book (P/B) ratio in mrq is 6.77. Its current Enterprise Value per Revenue stands at 2.356 whereas that against EBITDA is -1.46.

Stock Price History:

The Beta on a monthly basis for SGMO is 1.46, which has changed by 0.33333337 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, SGMO has reached a high of $3.18, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -24.33%, while the 200-Day Moving Average is calculated to be -38.21%.

Shares Statistics:

According to the various share statistics, SGMO traded on average about 6.60M shares per day over the past 3-months and 17177990 shares per day over the past 10 days. A total of 224.71M shares are outstanding, with a floating share count of 214.59M. Insiders hold about 4.50% of the company’s shares, while institutions hold 27.61% stake in the company. Shares short for SGMO as of 1741910400 were 28913359 with a Short Ratio of 3.87, compared to 1739491200 on 25462085. Therefore, it implies a Short% of Shares Outstanding of 28913359 and a Short% of Float of 12.94.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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