Trading Day Review: SAB Biotherapeutics Inc (SABS) Loses Momentum, Closing at 2.61

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The price of SAB Biotherapeutics Inc (NASDAQ: SABS) closed at $2.61 in the last session, down -3.33% from day before closing price of $2.7. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 1.42 million shares were traded. SABS stock price reached its highest trading level at $2.69 during the session, while it also had its lowest trading level at $2.245.

Ratios:

We take a closer look at SABS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.27.

On October 09, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $11.

On August 28, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $12.Oppenheimer initiated its Outperform rating on August 28, 2024, with a $12 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SABS now has a Market Capitalization of 24243950 and an Enterprise Value of 19020222. For the stock, the TTM Price-to-Sale (P/S) ratio is 63.83 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 50.34 whereas that against EBITDA is -0.491.

Stock Price History:

The Beta on a monthly basis for SABS is 0.56, which has changed by -0.10309279 over the last 52 weeks, in comparison to a change of 0.16260707 over the same period for the S&P500. Over the past 52 weeks, SABS has reached a high of $6.60, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 30.70%, while the 200-Day Moving Average is calculated to be 7.85%.

Shares Statistics:

According to the various share statistics, SABS traded on average about 1.37M shares per day over the past 3-months and 8351630 shares per day over the past 10 days. A total of 9.29M shares are outstanding, with a floating share count of 7.49M. Insiders hold about 19.39% of the company’s shares, while institutions hold 20.73% stake in the company. Shares short for SABS as of 1751241600 were 21274 with a Short Ratio of 0.02, compared to 1748563200 on 36810. Therefore, it implies a Short% of Shares Outstanding of 21274 and a Short% of Float of 0.29.