Cassava Sciences Inc (SAVA) poses a Brand-New Opportunity for Investors with beta value of -1.09

Cassava Sciences Inc (NASDAQ: SAVA) started the day on Thursday, with a price increase of 3.73% at $3.06, before settling in for the price of $2.95 at the close. Taking a more long-term approach, SAVA posted a 52-week range of $2.90-$42.20.

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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 0.00%. Meanwhile, its Annual Earning per share during the time was -30.45%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 62.79%. This publicly-traded company’s shares outstanding now amounts to $47.98 million, simultaneously with a float of $41.77 million. The organization now has a market capitalization sitting at $147.22 million. At the time of writing, stock’s 50-day Moving Average stood at $23.39, while the 200-day Moving Average is $22.15.

Cassava Sciences Inc (SAVA) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Cassava Sciences Inc’s current insider ownership accounts for 13.18%, in contrast to 29.68% institutional ownership. According to the most recent insider trade that took place on Nov 29 ’24, this organization’s Chief Medical Officer sold 4,000 shares at the rate of 3.87, making the entire transaction reach 15,480 in total value, affecting insider ownership by 0. Preceding that transaction, on Nov 29 ’24, Company’s Chief Financial Officer sold 59,800 for 3.86, making the whole transaction’s value amount to 230,828. This particular insider is now the holder of 11,500 in total.

Cassava Sciences Inc (SAVA) Earnings and Revenue Records

Cassava Sciences Inc’s EPS increase for this current 12-month fiscal period is 62.79% and is forecasted to reach -0.43 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 3.55. The Stock has managed to achieve an average true range (ATR) of 2.64.

In the same vein, SAVA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.37, a figure that is expected to reach -0.58 in the next quarter, and analysts are predicting that it will be -0.43 at the market close of one year from today.

Technical Analysis of Cassava Sciences Inc (SAVA)

If we take a close look at the recent performances of Cassava Sciences Inc (NASDAQ: SAVA), its last 5-days Average volume was 11.18 million that shows progress from its year to date volume of 2.55 million. During the previous 9 days, stock’s Stochastic %D was recorded 0.49% While, its Average True Range was 2.56.

Raw Stochastic average of Cassava Sciences Inc (SAVA) in the period of the previous 100 days is set at 0.71%, which indicates a major fall in contrast to 0.90% 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 742.63% that was higher than 319.90% volatility it exhibited in the past 100-days period.