Upward Trajectory: Savara Inc (SVRA) Posts a Slidee, Closing at 3.62

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The closing price of Savara Inc (NASDAQ: SVRA) was $3.62 for the day, down -2.16% from the previous closing price of $3.70. In other words, the price has decreased by -$2.16 from its previous closing price. On the day, 0.77 million shares were traded. SVRA stock price reached its highest trading level at $3.74 during the session, while it also had its lowest trading level at $3.5.

Ratios:

Our analysis of SVRA’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 609021568 and an Enterprise Value of 500736192.

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 -9.23%, while the 200-Day Moving Average is calculated to be -18.83%.

Shares Statistics:

SVRA traded an average of 1.12M shares per day over the past three months and 1354230 shares per day 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 51.08% stake in the company. Shares short for SVRA as of 1728950400 were 12966906 with a Short Ratio of 11.54, compared to 1726185600 on 10251169. Therefore, it implies a Short% of Shares Outstanding of 12966906 and a Short% of Float of 9.46.

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