Sana Biotechnology Inc (SANA) Stocks Reach New Highs at $9.50 During Trading Session

After finishing at $9.58 in the prior trading day, Sana Biotechnology Inc (NASDAQ: SANA) closed at $9.50, down -0.84%. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 1402021 shares were traded.

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Ratios:

Our goal is to gain a better understanding of SANA by taking a closer look at 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 08 ’24 when NELSEN ROBERT bought 1,818,181 shares for $5.50 per share. The transaction valued at 9,999,996 led to the insider holds 12,446,022 shares of the business.

ARCH Venture Fund X, L.P. bought 1,818,181 shares of SANA for $9,999,996 on Feb 08 ’24. The 10% Owner 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 2.09B and an Enterprise Value of 1.99B.

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 6.79, while the 200-Day Moving Average is calculated to be 5.33.

Shares Statistics:

The stock has traded on average 3.59M shares per day over the past 3-months and 3.14M shares per day over the last 10 days, according to various share statistics. A total of 197.86M shares are outstanding, with a floating share count of 108.92M. Insiders hold about 50.59% of the company’s shares, while institutions hold 40.61% stake in the company. Shares short for SANA as of Feb 15, 2024 were 22.08M with a Short Ratio of 6.15, compared to 20.17M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.08% and a Short% of Float of 18.43%.

Earnings Estimates

Its stock is currently analyzed by 4 different market analysts. 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.

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