On Monday, Cassava Sciences Inc (NASDAQ: SAVA) was 5.97% up from the session before settling in for the closing price of $2.01. A 52-week range for SAVA has been $1.15 – $42.20.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
When this article was written, the company’s average yearly earnings per share was at 62.33%. With a float of $41.98 million, this company’s outstanding shares have now reached $48.31 million.
Let’s look at the performance matrix of the company that is accounted for 30 employees. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cassava Sciences Inc stocks. The insider ownership of Cassava Sciences Inc is 13.11%, while institutional ownership is 32.96%. 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) Performance Highlights and Predictions
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
You can see what Cassava Sciences Inc (SAVA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 9.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51
Technical Analysis of Cassava Sciences Inc (SAVA)
Cassava Sciences Inc (NASDAQ: SAVA) saw its 5-day average volume 0.99 million, a negative change from its year-to-date volume of 1.7 million. As of the previous 9 days, the stock’s Stochastic %D was 28.99%. Additionally, its Average True Range was 0.14.
During the past 100 days, Cassava Sciences Inc’s (SAVA) raw stochastic average was set at 48.28%, which indicates a significant decrease from 65.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.91% in the past 14 days, which was lower than the 93.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.72, while its 200-day Moving Average is $11.51. Nevertheless, the first resistance level for the watch stands at $2.19 in the near term. At $2.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.33. If the price goes on to break the first support level at $2.05, it is likely to go to the next support level at $1.97. Assuming the price breaks the second support level, the third support level stands at $1.91.
Cassava Sciences Inc (NASDAQ: SAVA) Key Stats
There are 48,308K outstanding shares of the company, which has a market capitalization of 102.90 million. As of now, sales total 0 K while income totals -24,340 K. Its latest quarter income was 0 K while its last quarter net income were -23,400 K.
