Sage Therapeutics Inc (SAGE) is gearing up for another turning point as it hit the volume of 1.02 million

Sage Therapeutics Inc (NASDAQ: SAGE) on Tuesday, plunged -2.19% from the previous trading day, before settling in for the closing price of $7.77. Within the past 52 weeks, SAGE’s price has moved between $4.62 and $14.71.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 3403.60%. The company achieved an average annual earnings per share of 45.00%. With a float of $54.08 million, this company’s outstanding shares have now reached $61.36 million.

Let’s determine the extent of company efficiency that accounts for 353 employees. In terms of profitability, gross margin is 77.1%, operating margin of -1046.9%, and the pretax margin is -971.48%.

Sage Therapeutics Inc (SAGE) Insider Activity

Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Sage Therapeutics Inc is 12.03%, while institutional ownership is 82.52%. The most recent insider transaction that took place on Dec 10 ’24, was worth 41,441.

Sage Therapeutics Inc (SAGE) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.8 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 45.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.60% during the next five years compared to 13.20% growth over the previous five years of trading.

Sage Therapeutics Inc (NASDAQ: SAGE) Trading Performance Indicators

Sage Therapeutics Inc (SAGE) is currently performing well based on its current performance indicators. A quick ratio of 7.42 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.54.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.60, a number that is poised to hit -0.98 in the next quarter and is forecasted to reach -2.76 in one year’s time.

Technical Analysis of Sage Therapeutics Inc (SAGE)

Looking closely at Sage Therapeutics Inc (NASDAQ: SAGE), its last 5-days average volume was 0.88 million, which is a drop from its year-to-date volume of 1.71 million. As of the previous 9 days, the stock’s Stochastic %D was 60.79%. Additionally, its Average True Range was 0.32.

During the past 100 days, Sage Therapeutics Inc’s (SAGE) raw stochastic average was set at 68.73%, which indicates a significant decrease from 77.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.70% in the past 14 days, which was lower than the 66.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.56, while its 200-day Moving Average is $7.38. However, in the short run, Sage Therapeutics Inc’s stock first resistance to watch stands at $7.76. Second resistance stands at $7.91. The third major resistance level sits at $8.01. If the price goes on to break the first support level at $7.51, it is likely to go to the next support level at $7.41. Should the price break the second support level, the third support level stands at $7.26.

Sage Therapeutics Inc (NASDAQ: SAGE) Key Stats

Market capitalization of the company is 475.92 million based on 62,621K outstanding shares. Right now, sales total 41,240 K and income totals -400,670 K. The company made 12,820 K in profit during its latest quarter, and -95,780 K in sales during its previous quarter.