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As of close of business last night, Sana Biotechnology Inc’s stock clocked out at $3.99, up 4.18% from its previous closing price of $3.83. In other words, the price has increased by $4.18 from its previous closing price. On the day, 0.96 million shares were traded. SANA stock price reached its highest trading level at $4.0 during the session, while it also had its lowest trading level at $3.75.
Ratios:
To gain a deeper understanding of SANA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.20 and its Current Ratio is at 5.20. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.26.
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, Rodman & Renshaw on June 26, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On January 16, 2024, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $12.
On September 25, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $9.JMP Securities initiated its Mkt Outperform rating on September 25, 2023, with a $9 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 24 ’24 when Mulligan Richard sold 150,000 shares for $4.08 per share. The transaction valued at 612,570 led to the insider holds 2,848,121 shares of the business.
Mulligan Richard sold 150,000 shares of SANA for $583,170 on Sep 25 ’24. The Director now owns 2,698,121 shares after completing the transaction at $3.89 per share. On Sep 25 ’24, another insider, RICHARD MULLIGAN, who serves as the Director of the company, bought 150,000 shares for $4.09 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SANA now has a Market Capitalization of 887639360 and an Enterprise Value of 734553088.
Stock Price History:
Over the past 52 weeks, SANA has reached a high of $12.00, while it has fallen to a 52-week low of $2.74. The 50-Day Moving Average of the stock is -16.67%, while the 200-Day Moving Average is calculated to be -40.67%.
Shares Statistics:
It appears that SANA traded 1.58M shares on average per day over the past three months and 1332100 shares per day over the past ten days. A total of 197.86M shares are outstanding, with a floating share count of 121.78M. Insiders hold about 45.26% of the company’s shares, while institutions hold 51.06% stake in the company. Shares short for SANA as of 1727654400 were 31525620 with a Short Ratio of 19.93, compared to 1724976000 on 31808746. Therefore, it implies a Short% of Shares Outstanding of 31525620 and a Short% of Float of 29.409999999999997.
