Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Sage Therapeutics Inc (NASDAQ: SAGE) was $5.85 for the day, down -2.17% from the previous closing price of $5.98. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 0.72 million shares were traded. SAGE stock price reached its highest trading level at $6.055 during the session, while it also had its lowest trading level at $5.72.
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.
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 Dec 10 ’24 when JONAS JEFFREY M bought 7,500 shares for $5.53 per share.
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 357863808 and an Enterprise Value of -201016416. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.36 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at -1.889 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 $4.62. The 50-Day Moving Average of the stock is 2.13%, while the 200-Day Moving Average is calculated to be -38.08%.
Shares Statistics:
SAGE traded an average of 1.03M shares per day over the past three months and 1560940 shares per day over the past ten days. A total of 61.17M shares are outstanding, with a floating share count of 53.88M. Insiders hold about 11.92% of the company’s shares, while institutions hold 85.31% stake in the company. Shares short for SAGE as of 1734048000 were 6410622 with a Short Ratio of 6.20, compared to 1731628800 on 6410144. Therefore, it implies a Short% of Shares Outstanding of 6410622 and a Short% of Float of 11.87.
