In the latest session, Sana Biotechnology Inc (NASDAQ: SANA) closed at $8.82 down -12.85% from its previous closing price of $10.12. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 1797743 shares were traded.
Ratios:
For a deeper understanding of Sana Biotechnology Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1.94B and an Enterprise Value of 1.84B.
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 8.07, while the 200-Day Moving Average is calculated to be 5.56.
Shares Statistics:
For the past three months, SANA has traded an average of 3.48M shares per day and 1.37M 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 40.61% stake in the company. Shares short for SANA as of Mar 15, 2024 were 24.68M with a Short Ratio of 7.10, 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%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.32 for the current quarter, with a high estimate of -$0.25 and a low estimate of -$0.43, while EPS last year was -$0.43. The consensus estimate for the next quarter is -$0.3, with high estimates of -$0.22 and low estimates of -$0.44.
Analysts are recommending an EPS of between -$0.93 and -$1.76 for the fiscal current year, implying an average EPS of -$1.21. EPS for the following year is -$1.37, with 4 analysts recommending between -$0.92 and -$1.97.
