Sage Therapeutics Inc (NASDAQ: SAGE) is -14.66% lower on its value in year-to-date trading and has touched a low of $4.62 and a high of $13.47 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 SAGE stock was last observed hovering at around $9.16 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $9.2, the stock is 5.81% and 21.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 0.44% at the moment leaves the stock 31.42% off its SMA200. SAGE registered 69.43% gain for a year compared to 6-month gain of 49.84%. The firm has a 50-day simple moving average (SMA 50) of $7.5788 and a 200-day simple moving average (SMA200) of $7.00055.
The stock witnessed a 34.31% loss in the last 1 month and extending the period to 3 months gives it a 38.14%, and is 1.32% 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 1.13% over the week and 2.16% over the month.
Sage Therapeutics Inc (SAGE) has around 353 employees, a market worth around $576.12M and $47.40M in sales. Profit margin for the company is -747.61%. Distance from 52-week low is 99.13% and -31.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-84.40%).
The EPS is expected to grow by 44.94% this year
254.0 institutions hold shares in Sage Therapeutics Inc (SAGE), with institutional investors hold 93.36% of the company’s shares. The shares outstanding are 62.54M, and float is at 55.09M with Short Float at 9.53%. Institutions hold 83.65% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.42 million shares valued at $69.68 million. The investor’s holdings represent 10.5988 of the SAGE Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 5.82 million shares valued at $63.24 million to account for 9.6193 of the shares outstanding. The other top investors are RTW INVESTMENTS, LP which holds 5.48 million shares representing 9.0531 and valued at over $59.52 million, while BLACKROCK INC. holds 8.6154 of the shares totaling 5.22 million with a market value of $56.64 million.
