Sage Therapeutics Inc (SAGE) is destined for greater heights as its last quarter sales were 11,870 K

On Tuesday, Sage Therapeutics Inc (NASDAQ: SAGE) opened lower -9.05% from the last session, before settling in for the closing price of $6.30. Price fluctuations for SAGE have ranged from $5.64 to $28.26 over the past 52 weeks.

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A company in the Healthcare sector has jumped its sales by 3395.58% annually for the last half of the decade. Company’s average yearly earnings per share was noted 28.43% at the time writing. With a float of $50.36 million, this company’s outstanding shares have now reached $60.04 million.

In an organization with 487 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 91.75%, operating margin of -349.3%, and the pretax margin is -317.29%.

Sage Therapeutics Inc (SAGE) Insider Updates

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Sage Therapeutics Inc is 17.68%, while institutional ownership is 85.99%.

Sage Therapeutics Inc (SAGE) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.55 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -1.28) by 0.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.29 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 28.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.80% during the next five years compared to -2.28% drop over the previous five years of trading.

Sage Therapeutics Inc (NASDAQ: SAGE) Trading Performance Indicators

Check out the current performance indicators for Sage Therapeutics Inc (SAGE). In the past quarter, the stock posted a quick ratio of 10.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.58, a number that is poised to hit -1.52 in the next quarter and is forecasted to reach -4.06 in one year’s time.

Technical Analysis of Sage Therapeutics Inc (SAGE)

Let’s dig in a bit further. During the last 5-days, its volume was 0.59 million. That was inferior than the volume of 0.97 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.73%. Additionally, its Average True Range was 0.50.

During the past 100 days, Sage Therapeutics Inc’s (SAGE) raw stochastic average was set at 1.15%, which indicates a significant decrease from 2.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.78% in the past 14 days, which was higher than the 78.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.09, while its 200-day Moving Average is $12.66. However, in the short run, Sage Therapeutics Inc’s stock first resistance to watch stands at $6.10. Second resistance stands at $6.46. The third major resistance level sits at $6.65. If the price goes on to break the first support level at $5.55, it is likely to go to the next support level at $5.36. Assuming the price breaks the second support level, the third support level stands at $5.00.

Sage Therapeutics Inc (NASDAQ: SAGE) Key Stats

There are currently 61,173K shares outstanding in the company with a market cap of 350.52 million. Presently, the company’s annual sales total 86,460 K according to its annual income of -541,490 K. Last quarter, the company’s sales amounted to 11,870 K and its income totaled -93,550 K.