The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cassava Sciences Inc’s current trading price is -29.13% away from its 52-week high, while its distance from the 52-week low is 84.66%. The stock’s price range for this period has been between $12.32 and $32.10 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.88 million for the day, a number notably higher than the average daily volume of 0.68 million over the last three months.
Cassava Sciences Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $32.10 on 12/12/23, while the lowest price for the same period was registered at $12.32 on 10/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cassava Sciences Inc (SAVA) has experienced a quarterly decline of -13.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 983.48M and boasts a workforce of 29 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.26, with a change in price of +0.85. Similarly, Cassava Sciences Inc recorded 911,267 in trading volume during the last 100 days, posting a change of +3.88%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SAVA stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
SAVA Stock Stochastic Average
Cassava Sciences Inc’s raw stochastic average for the past 50 days is presently 53.79%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 45.60%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 73.38% and 84.73%, respectively.
SAVA Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 1.07% this year. Over the last six months, there has been a weaker performance of 23.44%. The price of SAVA fallen by 10.17% during the last 30 days period. For the last 5-days stocks have improved 6.76%.
