In last trading session, Sangamo Therapeutics Inc (NASDAQ:SGMO) saw 2.14 million shares changing hands with its beta currently measuring 1.23. Company’s recent per share price level of $0.94 trading at -$0.05 or -5.68% at ring of the bell on the day assigns it a market valuation of $194.83M. That closing price of SGMO’s stock is at a discount of -57.45% from its 52-week high price of $1.48 and is indicating a premium of 69.15% from its 52-week low price of $0.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.6 million shares which gives us an average trading volume of 14.05 million if we extend that period to 3-months.
For Sangamo Therapeutics Inc (SGMO), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.12. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.
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Sangamo Therapeutics Inc (NASDAQ:SGMO) trade information
Upright in the red during last session for losing -5.68%, in the last five days SGMO remained trading in the green while hitting it’s week-highest on Wednesday, 10/16/24 when the stock touched $0.94 price level, adding 12.15% to its value on the day. Sangamo Therapeutics Inc’s shares saw a change of 72.23% in year-to-date performance and have moved 13.34% in past 5-day. Sangamo Therapeutics Inc (NASDAQ:SGMO) showed a performance of 11.78% in past 30-days. Number of shares sold short was 18.16 million shares which calculate 5.48 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 92.17% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 19. It follows that stock’s current price would drop -431.91% in reaching the projected high whereas dropping to the targeted low would mean a loss of -431.91% for stock’s current value.
Sangamo Therapeutics Inc (SGMO) estimates and forecasts
Statistics highlight that Sangamo Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 92.89% of value to its shares in past 6 months, showing an annual growth rate of 20.34% while that of industry is 17.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -69.20% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 17.94M for the same. And 7 analysts are in estimates of company making revenue of 15.31M in the next quarter. Company posted 10.4M and 2.04M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -15.96% during past 5 years.
Sangamo Therapeutics Inc (NASDAQ:SGMO)’s Major holders
Insiders are in possession of 2.28% of company’s total shares while institution are holding 42.22 percent of that, with stock having share float percentage of 43.21%. Investors also watch the number of corporate investors in a company very closely, which is 42.22% institutions for Sangamo Therapeutics Inc that are currently holding shares of the company. WASATCH ADVISORS LP is the top institutional holder at SGMO for having 20.09 million shares of worth $7.2 million. And as of 2024-06-30, it was holding 11.1403 of the company’s outstanding shares.
The second largest institutional holder is ARMISTICE CAPITAL, LLC, which was holding about 14.06 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.7963 of outstanding shares, having a total worth of $5.04 million.
