Sangamo Therapeutics Inc (NASDAQ: SGMO) is -51.85% 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 $0.48 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.49, the stock is 0.27% and -18.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.55 million and changing 1.66% at the moment leaves the stock -57.57% off its SMA200. SGMO registered -1.80% loss for a year compared to 6-month loss of -76.04%.
The stock witnessed a -1.48% gain in the last 1 month and extending the period to 3 months gives it a -43.51%, and is -5.38% 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 2.72% over the week and 3.13% over the month.
Sangamo Therapeutics Inc (SGMO) has around 183 employees, a market worth around $120.52M and $63.76M in sales. Profit margin for the company is -126.63%. Distance from 52-week low is 61.55% and -84.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-271.09%).
The EPS is expected to grow by 25.07% this year
The shares outstanding are 245.40M, and float is at 237.34M with Short Float at 13.06%.
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.
