The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Cassava Sciences Inc’s stock clocked out at $2.78, down -0.36% from its previous closing price of $2.79. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 0.64 million shares were traded. SAVA stock price reached its highest trading level at $2.805 during the session, while it also had its lowest trading level at $2.75.
Ratios:
To gain a deeper understanding of SAVA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.62 and its Current Ratio is at 11.62. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 08, 2024, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $116.
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 Nov 29 ’24 when Kupiec James William sold 4,000 shares for $3.87 per share. The transaction valued at 15,480 led to the insider holds 0 shares of the business.
Schoen Eric sold 59,800 shares of SAVA for $230,828 on Nov 29 ’24. The Chief Financial Officer now owns 11,500 shares after completing the transaction at $3.86 per share. On Nov 29 ’24, another insider, Schoen Eric, who serves as the Chief Financial Officer of the company, sold 2,000 shares for $3.82 each. As a result, the insider received 7,640 and left with 0 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, SAVA now has a Market Capitalization of 134295968 and an Enterprise Value of 5721951.
Stock Price History:
The Beta on a monthly basis for SAVA is -1.76, which has changed by -0.8735789 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, SAVA has reached a high of $42.20, while it has fallen to a 52-week low of $2.23. The 50-Day Moving Average of the stock is 7.76%, while the 200-Day Moving Average is calculated to be -82.41%.
Shares Statistics:
It appears that SAVA traded 2.16M shares on average per day over the past three months and 1294720 shares per day over the past ten days. A total of 48.20M shares are outstanding, with a floating share count of 41.98M. Insiders hold about 13.11% of the company’s shares, while institutions hold 36.20% stake in the company. Shares short for SAVA as of 1740700800 were 14445489 with a Short Ratio of 6.67, compared to 1738281600 on 15853182. Therefore, it implies a Short% of Shares Outstanding of 14445489 and a Short% of Float of 31.900000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
