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After finishing at $2.84 in the prior trading day, Sight Sciences Inc (NASDAQ: SGHT) closed at $2.83, down -0.35%. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 0.69 million shares were traded. SGHT stock price reached its highest trading level at $2.875 during the session, while it also had its lowest trading level at $2.675.
Ratios:
Our goal is to gain a better understanding of SGHT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.74 and its Current Ratio is at 10.18. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on December 06, 2024, initiated with a Buy rating and assigned the stock a target price of $5.50.
On November 04, 2024, Lake Street Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $10 to $5.
On August 21, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $10.Lake Street initiated its Buy rating on August 21, 2024, with a $10 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 Jan 17 ’25 when HAYDEN JEREMY B. bought 6,922 shares for $2.78 per share.
Badawi David bought 5,423 shares of SGHT for $15,081 on Jan 17 ’25. On Jan 16 ’25, another insider, Badawi Paul, who serves as the Officer of the company, bought 24,819 shares for $2.92 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGHT now has a Market Capitalization of 142626624 and an Enterprise Value of 60356564. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 0.759 whereas that against EBITDA is -1.231.
Stock Price History:
The Beta on a monthly basis for SGHT is 2.56, which has changed by -0.5195246 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, SGHT has reached a high of $8.45, while it has fallen to a 52-week low of $2.83. The 50-Day Moving Average of the stock is -24.29%, while the 200-Day Moving Average is calculated to be -49.44%.
Shares Statistics:
The stock has traded on average 236.59K shares per day over the past 3-months and 288630 shares per day over the last 10 days, according to various share statistics. A total of 50.40M shares are outstanding, with a floating share count of 29.46M. Insiders hold about 41.96% of the company’s shares, while institutions hold 32.69% stake in the company. Shares short for SGHT as of 1735603200 were 1084742 with a Short Ratio of 4.58, compared to 1732838400 on 984571. Therefore, it implies a Short% of Shares Outstanding of 1084742 and a Short% of Float of 2.94.
