In the last trading session, 2.04 million shares of the Cassava Sciences Inc (NASDAQ:SAVA) were traded, and its beta was -1.76. Most recently the company’s share price was $2.68, and it changed around $0.2 or 8.06% from the last close, which brings the market valuation of the company to $128.93M. SAVA currently trades at a discount to its 52-week high of $42.20, offering almost -1474.63% off that amount. The share price’s 52-week low was $2.23, which indicates that the current value has risen by an impressive 16.79% since then.
Cassava Sciences Inc stock received a consensus recommendation rating of Hold, based on a mean score of 4.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended SAVA as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Cassava Sciences Inc is expected to report earnings per share of 0 for the current quarter.
Cassava Sciences Inc (NASDAQ:SAVA) trade information
Instantly SAVA has showed a green trend with a performance of 8.06% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.89 on recent trading dayincreased the stock’s daily price by 7.27%. The company’s shares are currently up 13.56% year-to-date, but still up 10.74% over the last five days. On the other hand, Cassava Sciences Inc (NASDAQ:SAVA) is 12.61% up in the 30-day period.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -40.61%.
SAVA Dividends
Cassava Sciences Inc’s next quarterly earnings report is expected to be released in April.
LMR PARTNERS LLP, with 8.1178% or 0.54 million shares worth $6.62 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024 . The former held 1.28 shares worth $3.42 million, making up 2.65% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 1.1 shares worth around $2.94 million, which represents about 2.28% of the total shares outstanding.
