Sesen Bio, Inc. (NASDAQ:SESN) has a beta value of 1.26 and has seen 1,722,985 shares traded in the recent trading session. The company, currently valued at $122.45 Million, closed the recent trade at $1.05 per share which meant it gained $0.01 on the day or 0.96% during that session. The SESN stock price is -46.67% off its 52-week high price of $1.54 and 64.76% above the 52-week low of $0.37. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.02 Million shares traded. The 3-month trading volume is 1.37 Million shares.
The consensus among analysts is that Sesen Bio, Inc. (SESN) is a Buy stock at the moment, with a recommendation rating of 1.3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 3 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.08.
Sesen Bio, Inc. (NASDAQ:SESN) trade information
Sporting 0.96% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Sep 14 when the SESN stock price touched $1.12 or saw a rise of 8.04%. Year-to-date, Sesen Bio, Inc. shares have moved -0.96%, while the 5-day performance has seen it change 6.19%. Over the past 30 days, the shares of Sesen Bio, Inc. (NASDAQ:SESN) have changed -1.9%. Short interest in the company has seen 1.31 Million shares shorted with days to cover at 0.96.
Wall Street analysts have a consensus price target for the stock at $3.42, which means that the shares’ value could jump 225.71% from current levels. The projected low price target is $2.25 while the price target rests at a high of $5. In that case, then, we find that the current price level is +376.19% off the targeted high while a plunge would see the stock lose 114.29% from current levels.
Sesen Bio, Inc. (SESN) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +13% over the past 5 years. Earnings growth for 2020 is a modest -116.8%.