Sage Therapeutics Inc (NASDAQ: SAGE) is -15.41% lower on its value in year-to-date trading and has touched a low of $4.62 and a high of $11.44 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 $8.8 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $8.78, the stock is -2.99% and 8.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.19 million and changing -0.23% at the moment leaves the stock 23.30% off its SMA200. SAGE registered 61.69% gain for a year compared to 6-month gain of 23.66%. The firm has a 50-day simple moving average (SMA 50) of $8.093 and a 200-day simple moving average (SMA200) of $7.12095.
The stock witnessed a -5.39% loss in the last 1 month and extending the period to 3 months gives it a 12.71%, and is -2.12% 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 0.79% over the week and 1.11% over the month.
Sage Therapeutics Inc (SAGE) has around 353 employees, a market worth around $549.88M and $47.40M in sales. Profit margin for the company is -747.61%. Distance from 52-week low is 90.04% and -23.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-84.40%).
with sales reaching $16.73M over the same period.The EPS is expected to grow by 45.20% this year, but quarterly earnings will post 99.52% year-over-year. Quarterly sales are estimated to grow 93.33% in year-over-year returns.
Sage Therapeutics Inc (SAGE) Top Institutional Holders
254.0 institutions hold shares in Sage Therapeutics Inc (SAGE), with institutional investors hold 93.50% of the company’s shares. The shares outstanding are 62.54M, and float is at 55.09M with Short Float at 4.02%. Institutions hold 83.77% 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.
