Cassava Sciences Inc (NASDAQ:SAVA) currently has a daily average trading volume of 1.57M but it saw 895228 shares traded in last market. With a market cap of 82.12M USD, the company’s current market price of $1.70 came rising about 8.97 while comparing to the previous closing price of $1.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.20 and as low as $1.15.
Taking a look at 20-day trading activity of Cassava Sciences Inc (SAVA) gives us an average price of $1.5160, while its current price level is -95.97% below from 52-week high level whereas it is 47.83% 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 $1.9302 while that of 200 days or SMA-200 reads an average of $13.1005. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.43% during that period while stretching the period over a month that increases to 7.72%. 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 53.19 which implies that the stock is in neutral 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 4.94% up while it is 42.86% when we observe its performance for the past one month. Year-to-date it is -27.97% down and over the past year, the stock is showing a downside performance of -92.10%.
Currently, Cassava Sciences Inc’s total number of outstanding shares is 48.31M with 12.79% of that held by the insiders while 35.26% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -16.71% and return on equity (ROE) at -17.19%. Stock’s beta reads -2.12. Stock has a price to book (P/B) ratio of 0.56. Its return on asset (ROA) is -15.75% on average.
