As of close of business last night, Sana Biotechnology Inc’s stock clocked out at $9.01, up 5.88% from its previous closing price of $8.51. In other words, the price has increased by $+0.50 from its previous closing price. On the day, 976734 shares were traded. SANA stock price reached its highest trading level at $9.06 during the session, while it also had its lowest trading level at $8.28.
Ratios:
To gain a deeper understanding of SANA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.31 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.32.
On September 25, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $9.
On September 05, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $8.Citigroup initiated its Buy rating on September 05, 2023, with a $8 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1.99B and an Enterprise Value of 1.89B.
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 8.28, while the 200-Day Moving Average is calculated to be 5.60.
Shares Statistics:
It appears that SANA traded 3.40M shares on average per day over the past three months and 1.24M shares per day over the past ten days. A total of 197.86M shares are outstanding, with a floating share count of 117.93M. Insiders hold about 46.50% of the company’s shares, while institutions hold 40.59% stake in the company. Shares short for SANA as of Mar 15, 2024 were 24.68M with a Short Ratio of 7.26, compared to 22.08M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.19% and a Short% of Float of 20.35%.
