For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Cassava Sciences Inc (NASDAQ: SAVA) closed at $1.75 down -4.37% from its previous closing price of $1.83. In other words, the price has decreased by -$4.37 from its previous closing price. On the day, 5.98 million shares were traded. SAVA stock price reached its highest trading level at $1.8494 during the session, while it also had its lowest trading level at $1.75.
Ratios:
For a deeper understanding of Cassava Sciences Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.08 and its Current Ratio is at 9.08. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 08, 2024, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $116.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 29 ’24 when Kupiec James William sold 4,000 shares for $3.87 per share. The transaction valued at 15,480 led to the insider holds 0 shares of the business.
Schoen Eric sold 59,800 shares of SAVA for $230,828 on Nov 29 ’24. The Chief Financial Officer now owns 11,500 shares after completing the transaction at $3.86 per share. On Nov 29 ’24, another insider, Schoen Eric, who serves as the Chief Financial Officer of the company, sold 2,000 shares for $3.82 each. As a result, the insider received 7,640 and left with 0 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, SAVA now has a Market Capitalization of 84538824 and an Enterprise Value of -32789182.
Stock Price History:
The Beta on a monthly basis for SAVA is -2.05, which has changed by -0.85584843 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, SAVA has reached a high of $42.20, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is -7.12%, while the 200-Day Moving Average is calculated to be -80.78%.
Shares Statistics:
For the past three months, SAVA has traded an average of 1.08M shares per day and 1279550 over the past ten days. A total of 48.31M shares are outstanding, with a floating share count of 41.98M. Insiders hold about 13.11% of the company’s shares, while institutions hold 32.96% stake in the company. Shares short for SAVA as of 1749772800 were 8221572 with a Short Ratio of 7.62, compared to 1747267200 on 10034322. Therefore, it implies a Short% of Shares Outstanding of 8221572 and a Short% of Float of 17.2.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
