Sana Biotechnology Inc (NASDAQ:SANA) Drops -5.04 Percent, But More Could Be Coming.

In last trading session, Sana Biotechnology Inc (NASDAQ:SANA) saw 3.4 million shares changing hands with its beta currently measuring 1.44. Company’s recent per share price level of $1.60 trading at -$0.08 or -5.04% at ring of the bell on the day assigns it a market valuation of $357.23M. That closing price of SANA’s stock is at a discount of -650.0% from its 52-week high price of $12.00 and is indicating a discount of -3.12% from its 52-week low price of $1.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.23 million shares which gives us an average trading volume of 1.62 million if we extend that period to 3-months.

For Sana Biotechnology Inc (SANA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.86. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.26 in the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Sana Biotechnology Inc (NASDAQ:SANA) trade information

Upright in the red during last session for losing -5.04%, in the last five days SANA remained trading in the red while hitting it’s week-highest on Tuesday, 12/17/24 when the stock touched $1.60 price level, adding 22.71% to its value on the day. Sana Biotechnology Inc’s shares saw a change of -60.78% in year-to-date performance and have moved -21.57% in past 5-day. Sana Biotechnology Inc (NASDAQ:SANA) showed a performance of -32.20% in past 30-days. Number of shares sold short was 35.15 million shares which calculate 20.07 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 80.0% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -400.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -400.0% for stock’s current value.

Sana Biotechnology Inc (SANA) estimates and forecasts

Statistics highlight that Sana Biotechnology Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -70.96% of value to its shares in past 6 months, showing an annual growth rate of 24.54% while that of industry is 17.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

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 -83.13% during past 5 years.

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

Insiders are in possession of 8.63% of company’s total shares while institution are holding 92.46 percent of that, with stock having share float percentage of 101.19%. Investors also watch the number of corporate investors in a company very closely, which is 92.46% institutions for Sana Biotechnology Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at SANA for having 27.17 million shares of worth $148.35 million. And as of 2024-06-30, it was holding 12.5041 of the company’s outstanding shares.

The second largest institutional holder is FLAGSHIP PIONEERING INC., which was holding about 25.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.5062 of outstanding shares, having a total worth of $136.51 million.