Sana Biotechnology Inc (NASDAQ: SANA) is -34.80% lower on its value in year-to-date trading and has touched a low of $2.74 and a high of $12.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SANA stock was last observed hovering at around $2.84 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $2.66, the stock is -25.13% and -34.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.96 million and changing -6.34% at the moment leaves the stock -59.23% off its SMA200. SANA registered -23.56% loss for a year compared to 6-month loss of -71.31%. The firm has a 50-day simple moving average (SMA 50) of $4.0879 and a 200-day simple moving average (SMA200) of $6.539.
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The stock witnessed a -35.75% gain in the last 1 month and extending the period to 3 months gives it a -46.69%, and is -21.99% down 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 10.36% over the week and 8.27% over the month.
Sana Biotechnology Inc (SANA) has around 328 employees, a market worth around $593.89M and $0.00M in sales. Distance from 52-week low is -3.10% and -77.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-80.91%).
The EPS is expected to grow by 17.94% this year
222.0 institutions hold shares in Sana Biotechnology Inc (SANA), with institutional investors hold 98.76% of the company’s shares. The shares outstanding are 197.86M, and float is at 121.63M with Short Float at 28.19%. Institutions hold 90.23% of the Float.
The top institutional shareholder in the company is FMR LLC with over 27.17 million shares valued at $148.35 million. The investor’s holdings represent 12.5041 of the SANA Shares outstanding. As of 2024-06-30, the second largest holder is FLAGSHIP PIONEERING INC. with 25.0 million shares valued at $136.51 million to account for 11.5062 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.88 million shares representing 5.927 and valued at over $70.32 million, while BLACKROCK INC. holds 5.0833 of the shares totaling 11.05 million with a market value of $60.31 million.
Sana Biotechnology Inc (SANA) Insider Activity
Sana Biotechnology Inc disclosed in a document filed with the SEC on Sep 24 ’24 that Mulligan Richard (Director) sold a total of 150,000 shares of the company’s common stock. The trade occurred on Sep 24 ’24 and was made at $4.08 per share for $0.61 million. Following the transaction, the insider now directly holds 2.85 million shares of the SANA stock.
Still, SEC filings show that on Sep 25 ’24, Mulligan Richard (Director) disposed off 150,000 shares at an average price of $3.89 for $0.58 million. The insider now directly holds 2,698,121 shares of Sana Biotechnology Inc (SANA).
