Sangamo Therapeutics Inc (NASDAQ: SGMO) is 28.84% higher on its value in year-to-date trading and has touched a low of $0.29 and a high of $1.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SGMO stock was last observed hovering at around $0.92 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $0.70, the stock is 52.33% and 37.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.91 million and changing -23.64% at the moment leaves the stock 24.26% off its SMA200. SGMO registered -46.97% loss for a year compared to 6-month loss of 56.81%.
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The stock witnessed a 95.37% gain in the last 1 month and extending the period to 3 months gives it a 34.02%, and is 74.43% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 55.19% over the week and 23.27% over the month.
Sangamo Therapeutics Inc (SGMO) has around 405 employees, a market worth around $145.26M and $18.76M in sales. Profit margin for the company is -1749.06%. Distance from 52-week low is 140.47% and -52.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-374.86%).
The EPS is expected to grow by 64.59% this year.
Sangamo Therapeutics Inc (SGMO) Top Institutional Holders
The shares outstanding are 207.51M, and float is at 186.71M with Short Float at 6.82%.
Sangamo Therapeutics Inc (SGMO) Insider Activity
The most recent transaction is an insider sale by BIOGEN INC.,the company’s10% Owner. SEC filings show that BIOGEN INC. sold 6,000,000 shares of the company’s common stock on Sep 26 ’23 at a price of $0.50 per share for a total of $3.0 million. Following the sale, the insider now owns 17.65 million shares.
