In the last trading session, 2.28 million shares of the Savara Inc (NASDAQ:SVRA) were traded, and its beta was 0.93. Most recently the company’s share price was $2.94, and it changed around -$0.02 or -0.68% from the last close, which brings the market valuation of the company to $504.56M. SVRA currently trades at a discount to its 52-week high of $5.70, offering almost -93.88% off that amount. The share price’s 52-week low was $2.82, which indicates that the current value has risen by an impressive 4.08% since then. We note from Savara Inc’s average daily trading volume that its 10-day average is 2.04 million shares, with the 3-month average coming to 1.21 million.
Savara Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.29. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended SVRA as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Savara Inc is expected to report earnings per share of -0.11 for the current quarter.
Savara Inc (NASDAQ:SVRA) trade information
Instantly SVRA has showed a red trend with a performance of -0.68% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.87 on recent trading dayincreased the stock’s daily price by 24.03%. The company’s shares are currently down -37.45% year-to-date, but still down -23.24% over the last five days. On the other hand, Savara Inc (NASDAQ:SVRA) is -17.65% down in the 30-day period. We can see from the shorts that 13.16 million shares have been sold at a short interest cover period of 12.36 day(s).
The consensus price target as assigned by Wall Street analysts is $10, which translates to bulls needing to increase their stock price by 70.6% from its current value. Analyst projections state that SVRA is forecast to be at a low of $9 and a high of $11.
Savara Inc (SVRA) estimates and forecasts
Savara Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -31.63 percent over the past six months and at a -36.36% annual growth rate that is well below the industry average of 16.10%.
Forecasts for the next quarter put sales growth at �.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 29.09%.
SVRA Dividends
Savara Inc’s next quarterly earnings report is expected to be released in December.
Savara Inc (NASDAQ:SVRA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.58% of Savara Inc shares, and 96.62% of them are in the hands of institutional investors. The stock currently has a share float of 101.26%. Savara Inc stock is held by 183.0 institutions, with NEA MANAGEMENT COMPANY, LLC being the largest institutional investor. By 2024-06-30, it held 13.4052% of the shares, which is about 24.47 million shares worth $98.62 million.
BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC, with 7.9789% or 14.57 million shares worth $58.7 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
