Cassava Sciences Inc (NASDAQ:SAVA) currently has a daily average trading volume of 5.55M but it saw 3627703 shares traded in last market. With a market cap of 135.91M USD, the company’s current market price of $2.83 came falling about -6.46 while comparing to the previous closing price of $3.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.20 and as low as $2.23. In the recent trading on the day, stock has struck highest price mark of $2.7 while lowest mark touched by it was $3.0.
Taking a look at 20-day trading activity of Cassava Sciences Inc (SAVA) gives us an average price of $2.63, while its current price level is -93.31% below from 52-week high level whereas it is 26.68% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.39 while that of 200 days or SMA-200 reads an average of $20.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.08% during that period while stretching the period over a month that decreases to 9.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.41 which implies that the stock is in oversold territory.
H.C. Wainwright upgraded its recommendation for the stock as a “Buy” from “Neutral” on October 08, 2024 while assigning a price target of $116.
Over the week, SAVA’s stock price is moving 19.70% up while it is -12.27% when we observe its performance for the past one month. Year-to-date it is 19.70% up and over the past year, the stock is showing a downside performance of -88.36%.
Currently, Cassava Sciences Inc’s total number of outstanding shares is 47.98M. Company’s return on investment (ROI) stands at -10.60% and return on equity (ROE) at -10.98%. Stock’s beta reads -0.95. Stock has a price to book (P/B) ratio of 0.81. Its return on asset (ROA) is -8.91% on average.
