Sana Biotechnology Inc (NASDAQ: SANA) is -9.20% lower on its value in year-to-date trading and has touched a low of $1.33 and a high of $10.50 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 $1.37 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $1.48, the stock is -31.69% and -43.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.31 million and changing 8.03% at the moment leaves the stock -60.23% off its SMA200. SANA registered -83.84% loss for a year compared to 6-month loss of -66.06%. The firm has a 50-day simple moving average (SMA 50) of $2.6335 and a 200-day simple moving average (SMA200) of $3.72105.
The stock witnessed a -41.96% gain in the last 1 month and extending the period to 3 months gives it a -10.30%, and is -13.45% 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 15.62% over the week and 12.61% over the month.
Sana Biotechnology Inc (SANA) has around 194 employees, a market worth around $333.04M and $0.00M in sales. Distance from 52-week low is 11.28% and -85.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-80.31%).
The EPS is expected to grow by 20.37% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Sana Biotechnology Inc (SANA) Top Institutional Holders
230.0 institutions hold shares in Sana Biotechnology Inc (SANA), with institutional investors hold 102.50% of the company’s shares. The shares outstanding are 223.92M, and float is at 125.16M with Short Float at 31.87%. Institutions hold 93.70% 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 11.5894% 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 10.6645 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 4.7114 of the shares totaling 11.05 million with a market value of $60.31 million.
Sana Biotechnology Inc (SANA) Insider Activity
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Still, SEC filings show that on Jan 08 ’25, FMR LLC (See Remark 1) disposed off 290,912 shares at an average price of $6.49 for $1.89 million. The insider now directly holds 4,541,511 shares of Sana Biotechnology Inc (SANA).
