Stock Surge: Savara Inc (SVRA) Closes at 3.82, Marking a 0.26 Increase/Decrease

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In the latest session, Savara Inc (NASDAQ: SVRA) closed at $3.82 up 0.26% from its previous closing price of $3.81. In other words, the price has increased by $0.26 from its previous closing price. On the day, 0.89 million shares were traded. SVRA stock price reached its highest trading level at $3.93 during the session, while it also had its lowest trading level at $3.73.

Ratios:

For a deeper understanding of Savara Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.29 and its Current Ratio is at 11.29. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.26.

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, JMP Securities on February 15, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $8.

On November 07, 2023, Guggenheim started tracking the stock assigning a Buy rating and target price of $7.

Jefferies Upgraded its Hold to Buy on May 16, 2023, whereas the target price for the stock was revised from $2 to $4.

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 Dec 28 ’23 when Pauls Matthew sold 84,000 shares for $4.71 per share. The transaction valued at 395,900 led to the insider holds 1,302,674 shares of the business.

Lowrance David L sold 10,000 shares of SVRA for $47,131 on Dec 28 ’23. The CHIEF FINANCIAL OFFICER now owns 342,355 shares after completing the transaction at $4.71 per share. On Dec 28 ’23, another insider, Elam Nevan C, who serves as the Director of the company, sold 93,843 shares for $4.71 each. As a result, the insider received 442,291 and left with 22,500 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, SVRA now has a Market Capitalization of 628775808 and an Enterprise Value of 533656288.

Stock Price History:

Over the past 52 weeks, SVRA has reached a high of $5.70, while it has fallen to a 52-week low of $3.12. The 50-Day Moving Average of the stock is -11.17%, while the 200-Day Moving Average is calculated to be -16.22%.

Shares Statistics:

For the past three months, SVRA has traded an average of 1.14M shares per day and 1211450 over the past ten days. A total of 138.14M shares are outstanding, with a floating share count of 91.58M. Insiders hold about 44.36% of the company’s shares, while institutions hold 51.09% stake in the company. Shares short for SVRA as of 1726185600 were 10251169 with a Short Ratio of 8.96, compared to 1723680000 on 8771947. Therefore, it implies a Short% of Shares Outstanding of 10251169 and a Short% of Float of 7.48.

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