The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Sage Therapeutics Inc (NASDAQ: SAGE) closed the day trading at $8.66 up 0.70% from the previous closing price of $8.60. In other words, the price has increased by $0.70 from its previous closing price. On the day, 0.96 million shares were traded. SAGE stock price reached its highest trading level at $8.705 during the session, while it also had its lowest trading level at $8.53.
Ratios:
For a better understanding of SAGE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.42 and its Current Ratio is at 7.42. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On November 21, 2024, RBC Capital Mkts Upgraded its rating to Sector Perform which previously was Underperform but kept the price unchanged to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 10 ’24 when JONAS JEFFREY M bought 7,500 shares for $5.53 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAGE now has a Market Capitalization of 532424576 and an Enterprise Value of 39843000. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.91 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 0.966 whereas that against EBITDA is -0.097.
Stock Price History:
The Beta on a monthly basis for SAGE is 0.46, which has changed by -0.51620114 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, SAGE has reached a high of $19.34, while it has fallen to a 52-week low of $4.62. The 50-Day Moving Average of the stock is 16.20%, while the 200-Day Moving Average is calculated to be 11.40%.
Shares Statistics:
Over the past 3-months, SAGE traded about 1.88M shares per day on average, while over the past 10 days, SAGE traded about 1056530 shares per day. A total of 61.36M shares are outstanding, with a floating share count of 54.13M. Insiders hold about 11.95% of the company’s shares, while institutions hold 74.82% stake in the company. Shares short for SAGE as of 1741910400 were 4260719 with a Short Ratio of 2.27, compared to 1739491200 on 4414803. Therefore, it implies a Short% of Shares Outstanding of 4260719 and a Short% of Float of 7.85.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
