Savara Inc [NASDAQ: SVRA] loss -31.69% or -0.9 points to close at $1.94 with a heavy trading volume of 23293936 shares.
The daily chart for SVRA points out that the company has recorded -38.02% loss over the past six months.
If we look at the average trading volume of 1.02M shares, SVRA reached to a volume of 23293936 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Savara Inc [SVRA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SVRA shares is $8.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SVRA stock is a recommendation set at 1.25. 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.
Wells Fargo have made an estimate for Savara Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on December 20, 2024. While these analysts kept the previous recommendation, Evercore ISI dropped their target price from $7 to $5. The new note on the price target was released on November 13, 2024, representing the official price target for Savara Inc stock. Previously, the target price had yet another raise to $8, while JMP Securities analysts kept a Mkt Outperform rating on SVRA stock.
The Average True Range (ATR) for Savara Inc is set at 0.26 The Price to Book ratio for the last quarter was 2.27, with the Price to Cash per share for the same quarter was set at 1.00.
Trading performance analysis for SVRA stock
Savara Inc [SVRA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -38.02. With this latest performance, SVRA shares dropped by -38.99% in over the last four-week period, additionally sinking by -38.02% over the last 6 months – not to mention a drop of -55.20% 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 SVRA stock in for the last two-week period is set at 24.94, with the RSI for the last a single of trading hit 17.41, and the three-weeks RSI is set at 30.49 for Savara Inc [SVRA]. The present Moving Average for the last 50 days of trading for this stock 2.95, while it was recorded at 2.75 for the last single week of trading, and 3.33 for the last 200 days.
Savara Inc [SVRA]: A deeper dive into fundamental analysis
Savara Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 14.91 and a Current Ratio set at 14.91.
Savara Inc [SVRA]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SVRA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Savara Inc go to 34.32%.
An analysis of Institutional ownership at Savara Inc [SVRA]
The top three institutional holders of SVRA stocks are: NEA MANAGEMENT COMPANY, LLC with ownership of 24.47 million shares, which is approximately 13.4027%. BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC, holding 14.57 million shares of the stock with an approximate value of $$58.7 million in SVRA stocks shares; and BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC, currently with $$49.82 million in SVRA stock with ownership which is approximately 6.7707%.
