Sangamo Therapeutics Inc [NASDAQ: SGMO] jumped around 0.19 points on Friday, while shares priced at $0.86 at the close of the session, up 28.71%.
Compared to the average trading volume of 7.19M shares, SGMO reached a trading volume of 123380615 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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
What do top market gurus say about Sangamo Therapeutics Inc [SGMO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SGMO shares is $3.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SGMO stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for Sangamo Therapeutics Inc shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on November 03, 2023. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $5 to $1.50. The new note on the price target was released on April 28, 2023, representing the official price target for Sangamo Therapeutics Inc stock. Previously, the target price had yet another raise to $16, while Wedbush analysts kept a Outperform rating on SGMO stock. On January 06, 2023, analysts decreased their price target for SGMO shares from 8 to 5.
The Average True Range (ATR) for Sangamo Therapeutics Inc is set at 0.12, with the Price to Sales ratio for SGMO stock in the period of the last 12 months amounting to 9.57. The Price to Book ratio for the last quarter was 3.11, with the Price to Cash per share for the same quarter was set at 0.27.
How has SGMO stock performed recently?
Sangamo Therapeutics Inc [SGMO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 117.80. With this latest performance, SGMO shares gained by 104.27% in over the last four-week period, additionally plugging by 91.22% over the last 6 months – not to mention a drop of -35.46% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SGMO stock in for the last two-week period is set at 80.59, with the RSI for the last a single of trading hit 87.91, and the three-weeks RSI is set at 73.94 for Sangamo Therapeutics Inc [SGMO]. The present Moving Average for the last 50 days of trading for this stock 0.5010, while it was recorded at 0.5787 for the last single week of trading, and 0.5615 for the last 200 days.
Sangamo Therapeutics Inc [SGMO]: Deeper insight into the fundamentals
Sangamo Therapeutics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.71 and a Current Ratio set at 1.71.
Insider trade positions for Sangamo Therapeutics Inc [SGMO]
The top three institutional holders of SGMO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in SGMO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in SGMO stock with ownership which is approximately 5.1238%.
