Last month’s performance of -51.34% for Cassava Sciences Inc (SAVA) is certainly impressive

Cassava Sciences Inc (NASDAQ: SAVA) kicked off on Friday, up 6.72% from the previous trading day, before settling in for the closing price of $1.19. Over the past 52 weeks, SAVA has traded in a range of $1.15-$42.20.

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While this was happening, its average annual earnings per share was recorded 62.33%. With a float of $41.98 million, this company’s outstanding shares have now reached $48.20 million.

The extent of productivity of a business whose workforce counts for 30 workers is very important to gauge. 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 and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Cassava Sciences Inc is 13.11%, while institutional ownership is 36.13%. 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) Latest Financial update

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

Take a look at Cassava Sciences Inc’s (SAVA) current performance indicators. Last quarter, stock had a quick ratio of 11.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.45

Technical Analysis of Cassava Sciences Inc (SAVA)

The latest stats from [Cassava Sciences Inc, SAVA] show that its last 5-days average volume of 1.1 million was inferior to 1.98 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.37%. Additionally, its Average True Range was 0.19.

During the past 100 days, Cassava Sciences Inc’s (SAVA) raw stochastic average was set at 0.37%, which indicates a significant decrease from 10.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 162.98% in the past 14 days, which was lower than the 305.32% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.2482, while its 200-day Moving Average is $14.0529. Now, the first resistance to watch is $1.3033. This is followed by the second major resistance level at $1.3367. The third major resistance level sits at $1.3833. If the price goes on to break the first support level at $1.2233, it is likely to go to the next support level at $1.1767. The third support level lies at $1.1433 if the price breaches the second support level.

Cassava Sciences Inc (NASDAQ: SAVA) Key Stats

The company with the Market Capitalisation of 61.35 million has total of 48,308K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -24,340 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -27,600 K.