Witnessing the stock’s movement on the chart, on February 12, 2021, Cassava Sciences Inc. (NASDAQ: SAVA) had a quiet start as it plunged -4.30% to $46.12. During the day, the stock rose to $47.6299 and sunk to $43.63 before settling in for the price of $48.19 at the close. Taking a more long-term approach, SAVA posted a 52-week range of $1.63-$117.54.
Meanwhile, its Annual Earning per share during the time was 32.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 56.70%. This publicly-traded company’s shares outstanding now amounts to $24.97 million, simultaneously with a float of $22.20 million. The organization now has a market capitalization sitting at $1.68 billion. At the time of writing, stock’s 50-day Moving Average stood at $18.58, while the 200-day Moving Average is $9.00.
Cassava Sciences Inc. (SAVA) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Cassava Sciences Inc.’s current insider ownership accounts for 5.80%, in contrast to 27.20% institutional ownership. According to the most recent insider trade that took place on Sep 24, this organization’s President and CEO bought 10,000 shares at the rate of 9.59, making the entire transaction reach 95,900 in total value, affecting insider ownership by 1,078,855. Preceding that transaction, on Sep 18, Company’s Director bought 36,281 for 8.92, making the whole transaction’s value amount to 323,627. This particular insider is now the holder of 912,623 in total.
Cassava Sciences Inc. (SAVA) Earnings and Revenue Records
As on 9/29/2020, Multinational firm has announced its last quarter scores, in which it reported -$0.06 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.07) by $0.01. This company achieved a return on equity of -22.20. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Cassava Sciences Inc.’s EPS increase for this current 12-month fiscal period is 56.70% and is forecasted to reach 0.16 in the upcoming year.
Cassava Sciences Inc. (NASDAQ: SAVA) Trading Performance Indicators
Let’s observe the current performance indicators for Cassava Sciences Inc. (SAVA). It’s Quick Ratio in the last reported quarter now stands at 21.50. The Stock has managed to achieve an average true range (ATR) of 11.46.
In the same vein, SAVA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.23, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be 0.16 at the market close of one year from today.
Technical Analysis of Cassava Sciences Inc. (SAVA)
Going through the that latest performance of [Cassava Sciences Inc., SAVA]. Its last 5-days volume of 11.27 million was inferior to the volume of 11.71 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 25.76% While, its Average True Range was 13.54.
Raw Stochastic average of Cassava Sciences Inc. (SAVA) in the period of the previous 100 days is set at 35.56%, which indicates a major rise in contrast to 30.70% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 486.46% that was higher than 227.08% volatility it exhibited in the past 100-days period.