In the last trading session, 1.01 million shares of the Cassava Sciences Inc (NASDAQ:SAVA) were traded, and its beta was -2.06. Most recently the company’s share price was $2.08, and it changed around $0.15 or 7.77% from the last close, which brings the market valuation of the company to $100.48M. SAVA currently trades at a discount to its 52-week high of $42.20, offering almost -1928.85% off that amount. The share price’s 52-week low was $1.15, which indicates that the current value has risen by an impressive 44.71% since then. We note from Cassava Sciences Inc’s average daily trading volume that its 10-day average is 1.4 million shares, with the 3-month average coming to 1.08 million.
Cassava Sciences Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended SAVA as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.
Cassava Sciences Inc (NASDAQ:SAVA) trade information
Instantly SAVA has showed a green trend with a performance of 7.77% 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 2.1100 on recent trading dayincreased the stock’s daily price by 1.42%. The company’s shares are currently down -80.69% year-to-date, but still up 14.92% over the last five days. On the other hand, Cassava Sciences Inc (NASDAQ:SAVA) is -1.89% down in the 30-day period. We can see from the shorts that 8.22 million shares have been sold at a short interest cover period of 6.74 day(s).
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 on 2025-Mar-03.
Cassava Sciences Inc (NASDAQ:SAVA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 12.79% of Cassava Sciences Inc shares, and 32.98% of them are in the hands of institutional investors. The stock currently has a share float of 37.81%. Cassava Sciences Inc stock is held by 165.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 48.7804% of the shares, which is about 3.22 million shares worth $39.76 million.
VANGUARD GROUP INC, with 40.6517% or 2.68 million shares worth $33.14 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 1.28 shares worth $2.67 million, making up 2.66% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 1.01 shares worth around $2.09 million, which represents about 2.08% of the total shares outstanding.
