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The closing price of Sage Therapeutics Inc (NASDAQ: SAGE) was $5.17 for the day, up 6.60% from the previous closing price of $4.85. In other words, the price has increased by $6.60 from its previous closing price. On the day, 0.87 million shares were traded. SAGE stock price reached its highest trading level at $5.21 during the session, while it also had its lowest trading level at $4.85.
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 10.02 and its Current Ratio is at 10.02. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on October 04, 2024, whereas the target price for the stock was revised from $10 to $4.
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 316265952 and an Enterprise Value of -242614224. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.17 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at -2.28 whereas that against EBITDA is 0.654.
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 $4.62. The 50-Day Moving Average of the stock is -22.82%, while the 200-Day Moving Average is calculated to be -56.44%.
Shares Statistics:
SAGE traded an average of 713.00K shares per day over the past three months and 938540 shares per day over the past ten days. A total of 60.04M shares are outstanding, with a floating share count of 53.88M. Insiders hold about 11.92% of the company’s shares, while institutions hold 85.08% stake in the company. Shares short for SAGE as of 1730332800 were 5997471 with a Short Ratio of 8.41, compared to 1727654400 on 5709072. Therefore, it implies a Short% of Shares Outstanding of 5997471 and a Short% of Float of 11.1099996.
