Sana Biotechnology Inc (NASDAQ: SANA) is -56.50% lower on its value in year-to-date trading and has touched a low of $1.26 and a high of $7.40 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 SANA stock was last observed hovering at around $2.76 in the last trading session, with the day’s gains setting it 1.09%.
Currently trading at $3.85M, the stock is 6.10% and 27.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.69 million and changing 11687193% at the moment leaves the stock -7.05% off its SMA200. SANA registered 60.12% gain for a year compared to 6-month gain of 33.16%. The firm has a 50-day simple moving average (SMA 50) of $2.0436 and a 200-day simple moving average (SMA200) of $2.80795.
The stock witnessed a 24.88% loss in the last 1 month and extending the period to 3 months gives it a 15.49%, and is 2.76% 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 7.31% over the week and 5.78% over the month.
Sana Biotechnology Inc (SANA) has around 194 employees, a market worth around $588.70M and $0.00M in sales. Distance from 52-week low is 107.14% and -64.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-72.61%).
The EPS is expected to grow by 34.68% this year.
Sana Biotechnology Inc (SANA) Top Institutional Holders
225.0 institutions hold shares in Sana Biotechnology Inc (SANA), with institutional investors hold 97.65% of the company’s shares. The shares outstanding are 225.46M, and float is at 125.44M with Short Float at 35.28%. Institutions hold 89.39% of the Float.
The top institutional shareholder in the company is FMR LLC with over 27.17 million shares valued at $148.35 million. The investor’s holdings represent 11.5894% of the SANA Shares outstanding. As of 2024-06-30, the second largest holder is FLAGSHIP PIONEERING INC. with 25.0 million shares valued at $136.51 million to account for 10.6645 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.88 million shares representing 5.4934% and valued at over $70.32 million, while BLACKROCK INC. holds 4.7114 of the shares totaling 11.05 million with a market value of $60.31 million.
Sana Biotechnology Inc (SANA) Insider Activity
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Still, SEC filings show that on Jan 08 ’25, FMR LLC (See Remark 1) disposed off 290,912 shares at an average price of $6.49 for $1.89 million. The insider now directly holds 4,541,511 shares of Sana Biotechnology Inc (SANA).
