Is Cassava Sciences Inc (NASDAQ: SAVA) Stock Worth Investing In for High Returns?

In the last trading session, 1.65 million Cassava Sciences Inc (NASDAQ:SAVA) shares changed hands as the company’s beta touched -1.96. With the company’s per share price at $2.07 changed hands at -$0.02 or -0.96% during last session, the market valuation stood at $99.99M. SAVA’s last price was a discount, traded about -1938.65% off its 52-week high of $42.20. The share price had its 52-week low at $1.15, which suggests the last value was 44.44% up since then.

Analysts gave the Cassava Sciences Inc (SAVA) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. 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 13.11%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -12.29%, with the 5-day performance at 13.11% in the green. However, in the 30-day time frame, Cassava Sciences Inc (NASDAQ:SAVA) is 43.75% up.

Cassava Sciences Inc (SAVA) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -40.61%. The 2025 estimates are for Cassava Sciences Inc earnings to increase by 62.33%.

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

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 40.6517% or 2.68 million shares worth $33.14 million as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 1.28 shares estimated at $2.66 million under it, the former controlled 2.66% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.21% of the shares, roughly 1.07 shares worth around $2.21 million.

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