A -292.16% Or Greater Growth Is Projected For Sana Biotechnology Inc (NASDAQ: SANA)

During the last session, Sana Biotechnology Inc (NASDAQ:SANA)’s traded shares were 3.63 million, with the beta value of the company hitting 1.33. At the end of the trading day, the stock’s price was $2.04, reflecting an intraday loss of -12.82% or -$0.3. The 52-week high for the SANA share is $12.00, that puts it down -488.24 from that peak though still a striking -8.82% loss since the share price plummeted to a 52-week low of $2.22. The company’s market capitalization is $455.47M, and the average intraday trading volume over the past 10 days was 1.6 million shares, and the average trade volume was 1.52 million shares over the past three months.

Sana Biotechnology Inc (SANA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.86. SANA has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.26.

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Sana Biotechnology Inc (NASDAQ:SANA) trade information

Sana Biotechnology Inc (SANA) registered a -12.82% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -12.82% in intraday trading to $2.04, hitting a weekly high. The stock’s 5-day price performance is -11.11%, and it has moved by -28.17% in 30 days. Based on these gigs, the overall price performance for the year is -40.00%. The short interest in Sana Biotechnology Inc (NASDAQ:SANA) is 35.15 million shares and it means that shorts have 20.07 day(s) to cover.

The consensus price target of analysts on Wall Street is $8, which implies an increase of 74.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8 and $8 respectively. As a result, SANA is trading at a discount of -292.16% off the target high and -292.16% off the low.

Sana Biotechnology Inc (SANA) estimates and forecasts

Statistics show that Sana Biotechnology Inc has outperformed its competitors in share price, compared to the industry in which it operates. Sana Biotechnology Inc (SANA) shares have gone down -71.47% during the last six months, with a year-to-date growth rate more than the industry average at 24.54% against 17.10.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -83.13%. While earnings are projected to return 17.68% in 2024.

SANA Dividends

Sana Biotechnology Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sana Biotechnology Inc (NASDAQ:SANA)’s Major holders

Sana Biotechnology Inc insiders own 8.63% of total outstanding shares while institutional holders control 92.48%, with the float percentage being 101.21%. FMR LLC is the largest shareholder of the company, while 231.0 institutions own stock in it. As of 2024-06-30, the company held over 27.17 million shares (or 12.5041% of all shares), a total value of $148.35 million in shares.

The next largest institutional holding, with 25.0 million shares, is of FLAGSHIP PIONEERING INC.’s that is approximately 11.5062% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $136.51 million.