Sangamo Therapeutics Inc (NASDAQ: SGMO) is -51.13% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SGMO stock was last observed hovering at around $0.47 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.50, the stock is -25.04% and -32.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.34 million and changing 6.06% at the moment leaves the stock -58.39% off its SMA200. SGMO registered -14.07% loss for a year compared to 6-month loss of -79.57%.
The stock witnessed a -29.35% gain in the last 1 month and extending the period to 3 months gives it a -56.65%, and is -33.25% 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 12.48% over the week and 11.95% over the month.
Sangamo Therapeutics Inc (SGMO) has around 183 employees, a market worth around $122.33M and $63.76M in sales. Profit margin for the company is -126.63%. Distance from 52-week low is 63.98% and -84.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-271.09%).
with sales reaching $29.9M over the same period.The EPS is expected to grow by 25.07% this year, but quarterly earnings will post -15.67% year-over-year. Quarterly sales are estimated to grow 8,298.88% in year-over-year returns.
Sangamo Therapeutics Inc (SGMO) Top Institutional Holders
The shares outstanding are 245.40M, and float is at 234.62M with Short Float at 12.04%.
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 6.894 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.9 million shares representing 5.8341% and valued at over $4.26 million, while BLACKROCK INC. holds 2.306 of the shares totaling 4.7 million with a market value of $1.69 million.
Sangamo Therapeutics Inc (SGMO) Insider Activity
#####