Sangamo Therapeutics Inc (NASDAQ: SGMO) is 7.84% higher on its value in year-to-date trading and has touched a low of $0.30 and a high of $3.18 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 $1.15 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $1.10, the stock is -6.22% and -28.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.89 million and changing -4.35% at the moment leaves the stock -1.35% off its SMA200. SGMO registered 4.76% gain for a year compared to 6-month gain of 25.00%.
The stock witnessed a 0.92% loss in the last 1 month and extending the period to 3 months gives it a -48.84%, and is -3.51% 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 6.12% over the week and 8.17% over the month.
Sangamo Therapeutics Inc (SGMO) has around 405 employees, a market worth around $229.51M and $52.29M in sales. Profit margin for the company is -260.33%. Distance from 52-week low is 261.84% and -65.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-203.60%).
The EPS is expected to grow by 68.41% this year
The shares outstanding are 208.62M, and float is at 200.01M with Short Float at 12.17%.
The top institutional shareholder in the company is WASATCH ADVISORS LP with over 20.09 million shares valued at $7.2 million. The investor’s holdings represent 9.8509 of the SGMO Shares outstanding. As of 2024-06-30, the second largest holder is ARMISTICE CAPITAL, LLC with 14.06 million shares valued at $5.04 million to account for 7.7963 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.9 million shares representing 6.5977 and valued at over $4.26 million, while BLACKROCK INC. holds 2.6078 of the shares totaling 4.7 million with a market value of $1.69 million.
