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After finishing at $2.04 in the prior trading day, Sana Biotechnology Inc (NASDAQ: SANA) closed at $1.89, down -7.35%. In other words, the price has decreased by -$7.35 from its previous closing price. On the day, 3.36 million shares were traded. SANA stock price reached its highest trading level at $2.035 during the session, while it also had its lowest trading level at $1.81.
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 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:
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 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 421978400 and an Enterprise Value of 319055200.
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 $1.98. The 50-Day Moving Average of the stock is -40.66%, while the 200-Day Moving Average is calculated to be -68.49%.
Shares Statistics:
The stock has traded on average 1.55M shares per day over the past 3-months and 2019410 shares per day over the last 10 days, according to various share statistics. A total of 223.11M shares are outstanding, with a floating share count of 122.43M. Insiders hold about 45.16% of the company’s shares, while institutions hold 53.24% stake in the company. Shares short for SANA as of 1732838400 were 35152956 with a Short Ratio of 22.67, compared to 1730332800 on 34283525. Therefore, it implies a Short% of Shares Outstanding of 35152956 and a Short% of Float of 32.549998.
