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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.97 million shares were traded. SANA stock price reached its highest trading level at $5.035 during the session, while it also had its lowest trading level at $4.9.
Ratios:
Our analysis of SANA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.20 and its Current Ratio is at 5.20. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.26.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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, CRANDELL KEITH, 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 1110105344 and an Enterprise Value of 957019008.
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 -13.42%, while the 200-Day Moving Average is calculated to be -23.70%.
Shares Statistics:
SANA traded an average of 1.76M shares per day over the past three months and 1430950 shares per day over the past ten days. A total of 197.86M shares are outstanding, with a floating share count of 120.93M. Insiders hold about 45.59% of the company’s shares, while institutions hold 51.05% stake in the company. Shares short for SANA as of 1722384000 were 29812230 with a Short Ratio of 16.90, compared to 1719532800 on 26013419. Therefore, it implies a Short% of Shares Outstanding of 29812230 and a Short% of Float of 27.809998000000004.
