Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Sana Biotechnology Inc (NASDAQ: SANA) closed at $1.71 in the last session, up 3.64% from day before closing price of $1.65. In other words, the price has increased by $3.64 from its previous closing price. On the day, 1.84 million shares were traded. SANA stock price reached its highest trading level at $1.77 during the session, while it also had its lowest trading level at $1.66.
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 381789984 and an Enterprise Value of 278866816.
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 $1.52. The 50-Day Moving Average of the stock is -33.47%, while the 200-Day Moving Average is calculated to be -68.86%.
Shares Statistics:
According to the various share statistics, SANA traded on average about 1.61M shares per day over the past 3-months and 1862260 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 53.26% stake in the company. Shares short for SANA as of 1734048000 were 36824114 with a Short Ratio of 22.80, compared to 1731628800 on 35365808. Therefore, it implies a Short% of Shares Outstanding of 36824114 and a Short% of Float of 34.089999999999996.
