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The price of Cassava Sciences Inc (NASDAQ: SAVA) closed at $27.06 in the last session, up 0.41% from day before closing price of $26.95. In other words, the price has increased by $0.41 from its previous closing price. On the day, 1.19 million shares were traded. SAVA stock price reached its highest trading level at $28.1786 during the session, while it also had its lowest trading level at $26.7723.
Ratios:
We take a closer look at SAVA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
B. Riley Securities Downgraded its Buy to Neutral on November 16, 2022, while the target price for the stock was maintained at $44.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAVA now has a Market Capitalization of 1301870080 and an Enterprise Value of 1152891392.
Stock Price History:
Over the past 52 weeks, SAVA has reached a high of $42.20, while it has fallen to a 52-week low of $8.79. The 50-Day Moving Average of the stock is -2.25%, while the 200-Day Moving Average is calculated to be 18.56%.
Shares Statistics:
According to the various share statistics, SAVA traded on average about 1.78M shares per day over the past 3-months and 1426120 shares per day over the past 10 days. A total of 42.24M shares are outstanding, with a floating share count of 41.77M. Insiders hold about 13.18% of the company’s shares, while institutions hold 28.23% stake in the company. Shares short for SAVA as of 1728950400 were 18936278 with a Short Ratio of 10.64, compared to 1726185600 on 15913839. Therefore, it implies a Short% of Shares Outstanding of 18936278 and a Short% of Float of 42.119997999999995.
