In the last trading session, 1.5 million Cassava Sciences Inc (NASDAQ:SAVA) shares changed hands as the company’s beta touched -1.25. With the company’s per share price at $2.42 changed hands at -$0.08 or -3.20% during last session, the market valuation stood at $116.43M. SAVA’s last price was a discount, traded about -1643.8% off its 52-week high of $42.20. The share price had its 52-week low at $2.23, which suggests the last value was 7.85% up since then.
Analysts gave the Cassava Sciences Inc (SAVA) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.67. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended SAVA as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
Cassava Sciences Inc (NASDAQ:SAVA) trade information
Instantly SAVA was in red as seen at the end of in last trading. With action -5.84%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 2.54%, with the 5-day performance at -5.84% in the red. However, in the 30-day time frame, Cassava Sciences Inc (NASDAQ:SAVA) is -3.97% down.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -30.45%. The 2025 estimates are for Cassava Sciences Inc earnings to increase by 62.79%.
SAVA Dividends
Cassava Sciences Inc is expected to release its next quarterly earnings report in March.
LMR PARTNERS LLP holds the second largest percentage of outstanding shares, with 8.1178% or 0.54 million shares worth $6.62 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 1.28 shares estimated at $3.09 million under it, the former controlled 2.65% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.36% of the shares, roughly 1.13 shares worth around $2.74 million.
