Sangamo Therapeutics Inc (SGMO) Testing Investors’ Patience Right Now

Currently, there are 166.79M common shares owned by the public and among those 154.22M shares have been available to trade.

Insiders at the company have transacted a total of 41 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 15 of these insider trades were purchases, accounting for 562,126 shares. Insider sales of the common stock occurred on 26 occasions, with total insider shares sold totaling 6,162,977 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the script later moved the day high at 1.4800, up 31.43%. The company’s stock has a 5-day price change of 140.25% and 277.88% over the past three months. SGMO shares are trading 154.00% year to date (YTD), with the 12-month market performance down to -54.00% lower. It has a 12-month low price of $0.29 and touched a high of $3.32 over the same period. SGMO has an average intraday trading volume of 1.75 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 151.34%, 174.74%, and 66.06% respectively.

Institutional ownership of Sangamo Therapeutics Inc (NASDAQ: SGMO) shares accounts for 49.38% of the company’s 166.79M shares outstanding.

It has a market capitalization of $244.74M and a beta (3y monthly) value of 1.28. The earnings-per-share (ttm) stands at -$1.44. Price movements for the stock have been influenced by the stock’s volatility, which stands at 36.63% over the week and 18.14% over the month.

Analysts forecast that Sangamo Therapeutics Inc (SGMO) will achieve an EPS of -$0.26 for the current quarter, -$0.11 for the next quarter and -$0.48 for 2024. The lowest estimate earnings-per-share for the quarter is -$0.37 while analysts give the company a high EPS estimate of -$0.18. Comparatively, EPS for the current quarter was -$0.32 a year ago. Earnings per share for the fiscal year are expected to decrease by -10.76%, and 65.23% over the next financial year.

Looking at the support for the SGMO, a number of firms have released research notes about the stock. RBC Capital Mkts stated their Sector Perform rating for the stock in a research note on November 03, 2023, with the firm’s price target at $6-$2.

Most Popular

Related Posts