Cassava Sciences Inc (NASDAQ:SAVA) At $1.57: What To Do?

In last trading session, Cassava Sciences Inc (NASDAQ:SAVA) saw 0.81 million shares changing hands with its beta currently measuring -2.31. Company’s recent per share price level of $1.57 trading at -$0.09 or -5.42% at ring of the bell on the day assigns it a market valuation of $75.84M. That closing price of SAVA’s stock is at a discount of -2587.9% from its 52-week high price of $42.20 and is indicating a premium of 26.75% from its 52-week low price of $1.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.0 million shares which gives us an average trading volume of 1.66 million if we extend that period to 3-months.

For Cassava Sciences Inc (SAVA), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. 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. 2 suggested the stock as a Hold whereas 0 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 in the current quarter.

Cassava Sciences Inc (NASDAQ:SAVA) trade information

Upright in the red during last session for losing -5.42%, in the last five days SAVA remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $1.57 price level, adding 9.25% to its value on the day. Cassava Sciences Inc’s shares saw a change of -33.47% in year-to-date performance and have moved 9.03% in past 5-day. Cassava Sciences Inc (NASDAQ:SAVA) showed a performance of -10.29% in past 30-days. Number of shares sold short was 11.15 million shares which calculate 4.75 days to cover the short interests.

Cassava Sciences Inc (SAVA) estimates and forecasts

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 -40.61% during past 5 years.

Cassava Sciences Inc (NASDAQ:SAVA)’s Major holders

Insiders are in possession of 12.79% of company’s total shares while institution are holding 36.27 percent of that, with stock having share float percentage of 41.58%. Investors also watch the number of corporate investors in a company very closely, which is 36.27% institutions for Cassava Sciences Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SAVA for having 3.22 million shares of worth $39.76 million. And as of 2024-06-30, it was holding 48.7804 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.68 million shares on 2024-06-30. The number of shares represents firm’s hold over 40.6517 of outstanding shares, having a total worth of $33.14 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.28 shares of worth $2.02 million or 2.66% of the total outstanding shares. The later fund manager was in possession of 1.07 shares on Mar 31, 2025 , making its stake of worth around $1.67 million in the company or a holder of 2.21% of company’s stock.