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In the latest session, Cassava Sciences Inc (NASDAQ: SAVA) closed at $27.00 down -9.32% from its previous closing price of $29.78. In other words, the price has decreased by -$9.32 from its previous closing price. On the day, 2.38 million shares were traded. SAVA stock price reached its highest trading level at $29.7 during the session, while it also had its lowest trading level at $26.5.
Ratios:
For a deeper understanding of Cassava Sciences Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.07 and its Current Ratio is at 4.07. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On November 16, 2022, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $44.
Cantor Fitzgerald Downgraded its Overweight to Neutral on July 15, 2021, while the target price for the stock was maintained at $100.
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 1295597184 and an Enterprise Value of 1088305408.
Stock Price History:
Over the past 52 weeks, SAVA has reached a high of $42.20, while it has fallen to a 52-week low of $8.79. The 50-Day Moving Average of the stock is 11.72%, while the 200-Day Moving Average is calculated to be 20.30%.
Shares Statistics:
For the past three months, SAVA has traded an average of 3.43M shares per day and 1759330 over the past ten days. A total of 47.98M shares are outstanding, with a floating share count of 42.38M. Insiders hold about 11.66% of the company’s shares, while institutions hold 28.09% stake in the company. Shares short for SAVA as of 1724976000 were 15813809 with a Short Ratio of 4.61, compared to 1722384000 on 19027679. Therefore, it implies a Short% of Shares Outstanding of 15813809 and a Short% of Float of 35.18.
