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After finishing at $6.40 in the prior trading day, Sana Biotechnology Inc (NASDAQ: SANA) closed at $6.15, down -3.91%. In other words, the price has decreased by -$3.91 from its previous closing price. On the day, 1.16 million shares were traded. SANA stock price reached its highest trading level at $6.46 during the session, while it also had its lowest trading level at $6.0.
Ratios:
Our goal is to gain a better understanding of SANA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.07 and its Current Ratio is at 6.07. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.25.
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 this company, Rodman & Renshaw on June 26, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On January 16, 2024, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $12.
On September 25, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $9.JMP Securities initiated its Mkt Outperform rating on September 25, 2023, with a $9 target price.
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 Mar 08 ’24 when Yang Patrick Y sold 25,000 shares for $9.45 per share. The transaction valued at 236,300 led to the insider holds 149,250 shares of the business.
NELSEN ROBERT bought 1,818,181 shares of SANA for $9,999,996 on Feb 08 ’24. The Director now owns 12,446,022 shares after completing the transaction at $5.50 per share. On Feb 08 ’24, another insider, ARCH Venture Fund X, L.P., who serves as the 10% Owner of the company, bought 1,818,181 shares for $5.50 each. As a result, the insider paid 9,999,996 and bolstered with 12,446,022 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, SANA now has a Market Capitalization of 1362243584 and an Enterprise Value of 1157249920.
Stock Price History:
Over the past 52 weeks, SANA has reached a high of $12.00, while it has fallen to a 52-week low of $2.74. The 50-Day Moving Average of the stock is -6.75%, while the 200-Day Moving Average is calculated to be -3.87%.
Shares Statistics:
The stock has traded on average 1.94M shares per day over the past 3-months and 2050500 shares per day over the last 10 days, according to various share statistics. A total of 197.86M shares are outstanding, with a floating share count of 120.52M. Insiders hold about 45.59% of the company’s shares, while institutions hold 50.27% stake in the company. Shares short for SANA as of 1721001600 were 27881909 with a Short Ratio of 14.37, compared to 1718323200 on 24409153. Therefore, it implies a Short% of Shares Outstanding of 27881909 and a Short% of Float of 26.240000000000002.
