Cassava Sciences Inc (NASDAQ: SAVA) on Monday, plunged -4.98% from the previous trading day, before settling in for the closing price of $2.81. Within the past 52 weeks, SAVA’s price has moved between $2.23 and $42.20.
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The company achieved an average annual earnings per share of 62.33%. With a float of $41.98 million, this company’s outstanding shares have now reached $48.20 million.
The firm has a total of 30 workers. Let’s measure their productivity. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Cassava Sciences Inc (SAVA) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Cassava Sciences Inc is 13.11%, while institutional ownership is 36.24%. The most recent insider transaction that took place on Nov 29 ’24, was worth 15,480. In this transaction Chief Medical Officer of this company sold 4,000 shares at a rate of $3.87, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Chief Financial Officer sold 59,800 for $3.86, making the entire transaction worth $230,828. This insider now owns 11,500 shares in total.
Cassava Sciences Inc (SAVA) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 62.33% per share during the next fiscal year.
Cassava Sciences Inc (NASDAQ: SAVA) Trading Performance Indicators
Cassava Sciences Inc (SAVA) is currently performing well based on its current performance indicators. A quick ratio of 11.62 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.45
Technical Analysis of Cassava Sciences Inc (SAVA)
Analysing the last 5-days average volume posted by the [Cassava Sciences Inc, SAVA], we can find that recorded value of 1.72 million was lower than the volume posted last year of 1.97 million. As of the previous 9 days, the stock’s Stochastic %D was 79.44%. Additionally, its Average True Range was 0.22.
During the past 100 days, Cassava Sciences Inc’s (SAVA) raw stochastic average was set at 1.39%, which indicates a significant decrease from 63.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.67% in the past 14 days, which was lower than the 299.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.55, while its 200-day Moving Average is $16.28. Now, the first resistance to watch is $2.78. This is followed by the second major resistance level at $2.88. The third major resistance level sits at $2.95. If the price goes on to break the first support level at $2.61, it is likely to go to the next support level at $2.54. Should the price break the second support level, the third support level stands at $2.44.
Cassava Sciences Inc (NASDAQ: SAVA) Key Stats
Market capitalization of the company is 128.98 million based on 48,308K outstanding shares. Right now, sales total 0 K and income totals -97,220 K. The company made 0 K in profit during its latest quarter, and -27,940 K in sales during its previous quarter.
