Savara Inc (SVRA) concluded trading on Wednesday at a closing price of $3.13, with 6.09 million shares of worth about $19.06 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.71% during that period and on November 20, 2024 the price saw a gain of about 6.46%. Currently the company’s common shares owned by public are about 138.14M shares, out of which, 88.04M shares are available for trading.
Stock saw a price change of -3.69% in past 5 days and over the past one month there was a price change of -9.54%. Year-to-date (YTD), SVRA shares are showing a performance of -33.40% which decreased to -16.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.82 but also hit the highest price of $5.70 during that period. The average intraday trading volume for Savara Inc shares is 1.23 million. The stock is currently trading -11.05% below its 20-day simple moving average (SMA20), while that difference is down -17.63% for SMA50 and it goes to -28.53% lower than SMA200.
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Savara Inc (NASDAQ: SVRA) currently have 138.14M outstanding shares and institutions hold larger chunk of about 52.13% of that.
The stock has a current market capitalization of $537.17M and its 3Y-monthly beta is at 0.92. It has posted earnings per share of -$0.44 in the same period. It has Quick Ratio of 17.70 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SVRA, volatility over the week remained 8.65% while standing at 7.66% over the month.
Stock’s fiscal year EPS is expected to drop by -38.53% while it is estimated to decrease by -3.13% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on November 13, 2024 offering an In-line rating for the stock and assigned a target price range of between $7 and $5 to it. Coverage by JMP Securities stated Savara Inc (SVRA) stock as a Mkt outperform in their note to investors on February 15, 2024, suggesting a price target of $8 for the stock. On November 07, 2023, Guggenheim Initiated their recommendations, while on May 16, 2023, Jefferies Upgrade their ratings for the stock with a price target of $4. Stock get a Hold rating from Jefferies on March 31, 2023.
