Sangamo Therapeutics Inc (NASDAQ:SGMO)’s traded shares stood at 2.52 million during the last session, with the company’s beta value hitting 1.17. At the close of trading, the stock’s price was $2.50, to imply an increase of 4.60% or $0.11 in intraday trading. The SGMO share’s 52-week high remains $3.18, putting it -27.2% down since that peak but still an impressive 88.0% since price per share fell to its 52-week low of $0.30. The company has a valuation of $545.63M, with an average of 9.6 million shares in intraday trading volume over the past 10 days and average of 8.33 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Sangamo Therapeutics Inc (SGMO), translating to a mean rating of 1.88. Of 3 analyst(s) looking at the stock, 0 analyst(s) give SGMO a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 1 recommend it as a Buy.
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
Sangamo Therapeutics Inc (NASDAQ:SGMO) trade information
After registering a 4.60% upside in the last session, Sangamo Therapeutics Inc (SGMO) has traded red over the past five days. The 5-day price performance for the stock is -12.41%, and 31.38% over 30 days. With these gigs, the year-to-date price performance is 354.63%. Short interest in Sangamo Therapeutics Inc (NASDAQ:SGMO) saw shorts transact 14.95 million shares and set a 1.7 days time to cover.
The extremes give us $5 and $19 for target low and target high price respectively. As such, SGMO has been trading -660.0% off suggested target high and -100.0% from its likely low.
Sangamo Therapeutics Inc (SGMO) estimates and forecasts
Looking at statistics comparing Sangamo Therapeutics Inc share performance against respective industry, we note that the company has outperformed competitors. Sangamo Therapeutics Inc (SGMO) shares are 483.37% up over the last 6 months, with its year-to-date growth rate higher than industry average at 20.34% against 16.70%.
SGMO Dividends
Sangamo Therapeutics Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Sangamo Therapeutics Inc (NASDAQ:SGMO)’s Major holders
Sangamo Therapeutics Inc insiders hold 2.36% of total outstanding shares, with institutional holders owning 27.02% of the shares at 27.68% float percentage. In total, 27.02% institutions holds shares in the company, led by WASATCH ADVISORS LP. As of 2024-06-30, the company held over 20.09 million shares (or 11.1403% of shares), all amounting to roughly $7.2 million.
The next major institution holding the largest number of shares is ARMISTICE CAPITAL, LLC with 14.06 million shares, or about 7.7963% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $5.04 million.
We also have Wasatch Ultra Growth Fund and Wasatch Microcap Fund as the top two Mutual Funds with the largest holdings of the Sangamo Therapeutics Inc (SGMO) shares. Going by data provided on Sep 30, 2024 , Wasatch Ultra Growth Fund holds roughly 10.97 shares. This is just over 5.26% of the total shares, with a market valuation of $27.43 million. Data from the same date shows that the other fund manager holds a little less at 5.65, or 2.71% of the shares, all valued at about 14.12 million.
