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In the latest session, Sangamo Therapeutics Inc (NASDAQ: SGMO) closed at $2.05 down -4.65% from its previous closing price of $2.15. In other words, the price has decreased by -$4.65 from its previous closing price. On the day, 6.58 million shares were traded. SGMO stock price reached its highest trading level at $2.185 during the session, while it also had its lowest trading level at $1.96.
Ratios:
For a deeper understanding of Sangamo Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.71.
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 the company, RBC Capital Mkts on November 03, 2023, Downgraded its rating to Sector Perform and sets its target price to $2 from $6 previously.
On April 28, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $5 to $1.50.
Wedbush Upgraded its Neutral to Outperform on February 27, 2023, while the target price for the stock was maintained at $16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGMO now has a Market Capitalization of 427726368 and an Enterprise Value of 415633248. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.80 while its Price-to-Book (P/B) ratio in mrq is 10.93. Its current Enterprise Value per Revenue stands at 7.948 whereas that against EBITDA is -3.552.
Stock Price History:
Over the past 52 weeks, SGMO has reached a high of $3.18, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 54.66%, while the 200-Day Moving Average is calculated to be 145.49%.
Shares Statistics:
For the past three months, SGMO has traded an average of 7.19M shares per day and 10423860 over the past ten days. A total of 208.65M shares are outstanding, with a floating share count of 199.04M. Insiders hold about 4.60% of the company’s shares, while institutions hold 26.91% stake in the company. Shares short for SGMO as of 1730332800 were 18978498 with a Short Ratio of 2.64, compared to 1727654400 on 18155497. Therefore, it implies a Short% of Shares Outstanding of 18978498 and a Short% of Float of 9.17.
