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The closing price of Sage Therapeutics Inc (NASDAQ: SAGE) was $6.59 for the day, up 3.45% from the previous closing price of $6.37. In other words, the price has increased by $3.45 from its previous closing price. On the day, 0.66 million shares were traded. SAGE stock price reached its highest trading level at $6.78 during the session, while it also had its lowest trading level at $6.2.
Ratios:
Our analysis of SAGE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.95 and its Current Ratio is at 9.95. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 04, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $10 to $4.
TD Cowen Downgraded its Buy to Hold on July 30, 2024, whereas the target price for the stock was revised from $16 to $10.
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 402322144 and an Enterprise Value of -243059744. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.14 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at -2.5 whereas that against EBITDA is 0.542.
Stock Price History:
Over the past 52 weeks, SAGE has reached a high of $28.26, while it has fallen to a 52-week low of $5.84. The 50-Day Moving Average of the stock is -14.48%, while the 200-Day Moving Average is calculated to be -54.96%.
Shares Statistics:
SAGE traded an average of 741.07K shares per day over the past three months and 610560 shares per day over the past ten days. A total of 60.04M shares are outstanding, with a floating share count of 50.28M. Insiders hold about 17.64% of the company’s shares, while institutions hold 88.73% stake in the company. Shares short for SAGE as of 1727654400 were 5709072 with a Short Ratio of 7.70, compared to 1724976000 on 6216427. Therefore, it implies a Short% of Shares Outstanding of 5709072 and a Short% of Float of 10.6000006.
