Sight Sciences Inc (NASDAQ: SGHT) is -26.92% lower on its value in year-to-date trading and has touched a low of $2.03 and a high of $8.45 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 SGHT stock was last observed hovering at around $2.61 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $2.66, the stock is 7.31% and 3.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.92% at the moment leaves the stock -41.88% off its SMA200. SGHT registered -49.14% loss for a year compared to 6-month loss of -54.22%. The firm has a 50-day simple moving average (SMA 50) of $2.5816 and a 200-day simple moving average (SMA200) of $4.5768.
The stock witnessed a -10.74% gain in the last 1 month and extending the period to 3 months gives it a -6.34%, and is 17.70% 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 9.90% over the week and 11.11% over the month.
Sight Sciences Inc (SGHT) has around 216 employees, a market worth around $136.55M and $79.87M in sales. Profit margin for the company is -64.49%. Distance from 52-week low is 31.03% and -68.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.44%).
with sales reaching $16.51M over the same period.The EPS is expected to shrink by -6.36% this year, but quarterly earnings will post -9.95% year-over-year. Quarterly sales are estimated to shrink -14.29% in year-over-year returns.
112.0 institutions hold shares in Sight Sciences Inc (SGHT), with institutional investors hold 68.81% of the company’s shares. The shares outstanding are 50.94M, and float is at 28.54M with Short Float at 6.00%. Institutions hold 54.73% of the Float.
The top institutional shareholder in the company is BANK OF AMERICA CORP /DE/ with over 3.15 million shares valued at $21.0 million. The investor’s holdings represent 6.361 of the SGHT Shares outstanding. As of 2024-06-30, the second largest holder is UBS GROUP AG with 2.86 million shares valued at $19.05 million to account for 5.771 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.12 million shares representing 4.2863 and valued at over $14.15 million, while VANGUARD GROUP INC holds 3.3273 of the shares totaling 1.65 million with a market value of $10.98 million.
Sight Sciences Inc (SGHT) Insider Activity
The most recent transaction is an insider sale by HAYDEN JEREMY B., the company’s Chief Legal Officer. SEC filings show that HAYDEN JEREMY B. sold 9,395 shares of the company’s common stock on Apr 02 ’25 at a price of $2.31 per share for a total of $21693.0. Following the sale, the insider now owns 0.28 million shares.
Sight Sciences Inc disclosed in a document filed with the SEC on Apr 01 ’25 that Badawi Paul (President and CEO) sold a total of 24,174 shares of the company’s common stock. The trade occurred on Apr 01 ’25 and was made at $2.30 per share for $55673.0. Following the transaction, the insider now directly holds 6.01 million shares of the SGHT stock.
Still, SEC filings show that on Apr 02 ’25, Link Matthew (Chief Commercial Officer) disposed off 5,042 shares at an average price of $2.31 for $11642.0. The insider now directly holds 830,551 shares of Sight Sciences Inc (SGHT).
