Market Momentum Report: Savara Inc (SVRA)’s Positive Close at 4.10

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The price of Savara Inc (NASDAQ: SVRA) closed at $4.10 in the last session, up 3.02% from day before closing price of $3.98. In other words, the price has increased by $3.02 from its previous closing price. On the day, 0.61 million shares were traded. SVRA stock price reached its highest trading level at $4.165 during the session, while it also had its lowest trading level at $3.99.

Ratios:

We take a closer look at SVRA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 14.90 and its Current Ratio is at 14.90. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.22.

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:

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 28 ’23 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 ’23. The CHIEF EXECUTIVE OFFICER now owns 1,302,674 shares after completing the transaction at $4.71 per share. On Dec 28 ’23, 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 674187584 and an Enterprise Value of 449799456.

Stock Price History:

Over the past 52 weeks, SVRA has reached a high of $5.70, while it has fallen to a 52-week low of $3.12. The 50-Day Moving Average of the stock is -4.17%, while the 200-Day Moving Average is calculated to be -8.01%.

Shares Statistics:

According to the various share statistics, SVRA traded on average about 1.71M shares per day over the past 3-months and 877420 shares per day over the past 10 days. A total of 138.14M shares are outstanding, with a floating share count of 82.92M. Insiders hold about 49.57% of the company’s shares, while institutions hold 37.25% stake in the company. Shares short for SVRA as of 1721001600 were 7940310 with a Short Ratio of 4.69, compared to 1718323200 on 6177283. Therefore, it implies a Short% of Shares Outstanding of 7940310 and a Short% of Float of 5.8000002.

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