4.53% volatility in Cassava Sciences Inc (SAVA) last month: This is a red flag warning

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.

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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.

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