Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Cassava Sciences Inc’s current trading price is -94.50% away from its 52-week high, while its distance from the 52-week low is 4.04%. The stock’s price range during this period has varied between $2.23 and $42.20. The company, active in the Healthcare sector, saw a trading volume of around 1.6 million for the day, considerably lower average daily volume of 5.24 million observed over the last three months.
Cassava Sciences Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $42.20 on 08/05/24, while the lowest price during the same period was $2.23 on 12/20/24.
How Financial Performance Impacts Market Capitalization
Cassava Sciences Inc (SAVA) has experienced a quarterly decline of -91.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 111.62M and boasts a workforce of 29 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.46, with a change in price of -23.68. Similarly, Cassava Sciences Inc recorded 4,019,290 in trading volume during the last 100 days, posting a change of -91.01%.
How SAVA’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Cassava Sciences Inc over the last 50 days is at 0.35%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 8.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 11.49% and 13.17%, respectively.
SAVA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -89.69%. However, over the past six months, we’ve seen a stronger performance of -80.32%. The price of SAVA leaped by -39.58% over the last 30 days. And in the last five days, it has fallen by -3.73%.
