With 1.09 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.64 million shares. The 52-week range on SAVA shows that it touched its highest point at $42.20 and its lowest point at $2.23 during that stretch. It currently has a 1-year price target of $59.00. Beta for the stock currently stands at -1.26.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SAVA was up-trending over the past week, with a rise of 3.31%, but this was down by -1.19% over a month. Three-month performance dropped to -91.07% while six-month performance fell -91.99%. The stock lost -88.71% in the past year, while it has gained 5.93% so far this year. A look at the trailing 12-month EPS for SAVA yields -1.37 with Next year EPS estimates of -0.43. For the next quarter, that number is -0.58. This implies an EPS growth rate of 62.79% for this year and 49.61% for next year.
Float and Shares Shorts:
At present, 47.98 million SAVA shares are outstanding with a float of 41.80 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SAVA since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.86333 being high and -$0.86333 being low. For SAVA, this leads to a yearly average estimate of -$0.86333. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
