Market Momentum Report: Sana Biotechnology Inc (SANA)’s Positive Close at 1.65

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The price of Sana Biotechnology Inc (NASDAQ: SANA) closed at $1.65 in the last session, up 3.12% from day before closing price of $1.60. In other words, the price has increased by $3.12 from its previous closing price. On the day, 3.2 million shares were traded. SANA stock price reached its highest trading level at $1.72 during the session, while it also had its lowest trading level at $1.55.

Ratios:

We take a closer look at SANA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.47 and its Current Ratio is at 4.47. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.29.

On June 26, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $16.

H.C. Wainwright Upgraded its Neutral to Buy on January 16, 2024, while the target price for the stock was maintained at $12.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 16 ’24 when CHRISTIAN HORDO & KATHARINE HO bought 75,000 shares for $1.89 per share.

Hardy Nathan bought 91,607 shares of SANA for $229,018 on Nov 26 ’24. On Nov 25 ’24, another insider, NATHAN HARDY, who serves as the Former CFO of the company, bought 25,933 shares for $2.50 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 368393824 and an Enterprise Value of 265470672.

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 $1.55. The 50-Day Moving Average of the stock is -44.15%, while the 200-Day Moving Average is calculated to be -71.52%.

Shares Statistics:

According to the various share statistics, SANA traded on average about 1.65M shares per day over the past 3-months and 2560010 shares per day over the past 10 days. A total of 223.11M shares are outstanding, with a floating share count of 122.43M. Insiders hold about 45.16% of the company’s shares, while institutions hold 53.24% stake in the company. Shares short for SANA as of 1732838400 were 35152956 with a Short Ratio of 21.28, compared to 1730332800 on 34283525. Therefore, it implies a Short% of Shares Outstanding of 35152956 and a Short% of Float of 32.549998.

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