Cassava Sciences Inc (NASDAQ:SAVA) currently has a daily average trading volume of 2.20M but it saw 3980643 shares traded in last market. With a market cap of 84.54M USD, the company’s current market price of $1.75 came falling about -7.89 while comparing to the previous closing price of $1.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.20 and as low as $1.80. In the recent trading on the day, stock has struck highest price mark of $1.74 while lowest mark touched by it was $2.01.
Taking a look at 20-day trading activity of Cassava Sciences Inc (SAVA) gives us an average price of $2.6135, while its current price level is -95.85% below from 52-week high level whereas it is -2.79% 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 $2.5313 while that of 200 days or SMA-200 reads an average of $15.1446. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.18% during that period while stretching the period over a month that decreases to 9.28%. 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 28.42 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 -35.66% down while it is -27.69% when we observe its performance for the past one month. Year-to-date it is -25.85% down and over the past year, the stock is showing a downside performance of -91.17%.
Currently, Cassava Sciences Inc’s total number of outstanding shares is 48.20M. Company’s return on investment (ROI) stands at -16.71% and return on equity (ROE) at -17.19%. Stock’s beta reads -1.67. Stock has a price to book (P/B) ratio of 0.58. Its return on asset (ROA) is -15.75% on average.
