The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Sana Biotechnology Inc (NASDAQ: SANA) closed at $2.57 in the last session, down -9.82% from day before closing price of $2.85. In other words, the price has decreased by -$9.82 from its previous closing price. On the day, 1.6 million shares were traded. SANA stock price reached its highest trading level at $2.88 during the session, while it also had its lowest trading level at $2.57.
Ratios:
We take a closer look at SANA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.47 and its Current Ratio is at 4.47. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.29.
On June 26, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $16.
H.C. Wainwright Upgraded its Neutral to Buy on January 16, 2024, while the target price for the stock was maintained at $12.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 26 ’24 when Hardy Nathan bought 91,607 shares for $2.50 per share.
NATHAN HARDY bought 25,933 shares of SANA for $64,960 on Nov 25 ’24. On Oct 21 ’24, another insider, NATHAN HARDY, who serves as the Officer of the company, bought 45,796 shares for $3.95 each.
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 573801280 and an Enterprise Value of 470878048.
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 $2.29. The 50-Day Moving Average of the stock is -26.17%, while the 200-Day Moving Average is calculated to be -58.97%.
Shares Statistics:
According to the various share statistics, SANA traded on average about 1.48M shares per day over the past 3-months and 1797330 shares per day over the past 10 days. A total of 223.11M shares are outstanding, with a floating share count of 122.07M. Shares short for SANA as of 1731628800 were 35365808 with a Short Ratio of 23.86, compared to 1728950400 on 33279567. Therefore, it implies a Short% of Shares Outstanding of 35365808 and a Short% of Float of 32.740003.
