Sana Biotechnology Inc (NASDAQ: SANA) In 2024: Will It Be A Valuable Investment?

In the last trading session, 2.13 million shares of the Sana Biotechnology Inc (NASDAQ:SANA) were traded, and its beta was 1.70. Most recently the company’s share price was $7.93, and it changed around $0.32 or 4.20% from the last close, which brings the market valuation of the company to $1.75B. SANA currently trades at a discount to its 52-week high of $12.00, offering almost -51.32% off that amount. The share price’s 52-week low was $2.74, which indicates that the current value has risen by an impressive 65.45% since then. We note from Sana Biotechnology Inc’s average daily trading volume that its 3-month average coming to 2.01 million.

Sana Biotechnology Inc (NASDAQ:SANA) trade information

Instantly SANA has showed a green trend with a performance of 4.20% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 94.36% year-to-date, but still down -7.25% over the last five days. On the other hand, Sana Biotechnology Inc (NASDAQ:SANA) is -13.33% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 33.92% from its current value. Analyst projections state that SANA is forecast to be at a low of $12 and a high of $12.

Sana Biotechnology Inc (SANA) estimates and forecasts

Sana Biotechnology Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 165.22 percent over the past six months and at a 36.81% annual growth rate that is well above the industry average of 13.30%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -83.13%.

SANA Dividends

Sana Biotechnology Inc’s next quarterly earnings report is expected to be released in May.