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NASDAQ:SAVA

Cassava Sciences Stock Forecast, Price & News

$11.47
+1.76 (+18.13 %)
(As of 09/28/2020 06:31 AM ET)
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Today's Range
$9.82
Now: $11.47
$12.34
50-Day Range
$2.92
MA: $4.44
$10.45
52-Week Range
$1.05
Now: $11.47
$12.34
Volume13.90 million shs
Average Volume4.75 million shs
Market Capitalization$285.82 million
P/E RatioN/A
Dividend YieldN/A
Beta2.85
Cassava Sciences, Inc., a clinical-stage drug development company, develops drugs for nervous system disorders. The company's lead therapeutic product candidate PTI-125, a small molecule drug that is in Phase II clinical trial for the treatment of Alzheimer's disease. It is also developing PTI-125Dx, a blood-based biomarker/diagnostic to detect Alzheimer's disease. The company was formerly known as Pain Therapeutics, Inc. and changed its name to Cassava Sciences, Inc. in March 2019. Cassava Sciences, Inc. was founded in 1998 and is based in Austin, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.80 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:SAVA
CUSIPN/A
CIKN/A
Phone512-501-2444

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$1.01 per share

Profitability

Net Income$-4,630,000.00

Miscellaneous

Employees9
Market Cap$285.82 million
Next Earnings Date11/3/2020 (Estimated)
OptionableNot Optionable
$11.47
+1.76 (+18.13 %)
(As of 09/28/2020 06:31 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cassava Sciences (NASDAQ:SAVA) Frequently Asked Questions

How has Cassava Sciences' stock been impacted by COVID-19?

Cassava Sciences' stock was trading at $4.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SAVA shares have increased by 170.5% and is now trading at $11.47.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Cassava Sciences?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cassava Sciences in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Cassava Sciences
.

When is Cassava Sciences' next earnings date?

Cassava Sciences is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Cassava Sciences
.

How were Cassava Sciences' earnings last quarter?

Cassava Sciences Inc (NASDAQ:SAVA) released its quarterly earnings data on Wednesday, August, 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.01.
View Cassava Sciences' earnings history
.

When did Cassava Sciences' stock split? How did Cassava Sciences' stock split work?

Cassava Sciences shares reverse split on the morning of Wednesday, May 10th 2017. The 1-7 reverse split was announced on Monday, May 8th 2017. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 9th 2017. An investor that had 100 shares of Cassava Sciences stock prior to the reverse split would have 14 shares after the split.

What price target have analysts set for SAVA?

2 brokerages have issued 12 month price targets for Cassava Sciences' stock. Their forecasts range from $14.00 to $20.00. On average, they anticipate Cassava Sciences' stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 48.2% from the stock's current price.
View analysts' price targets for Cassava Sciences
.

Who are some of Cassava Sciences' key competitors?

What other stocks do shareholders of Cassava Sciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cassava Sciences investors own include Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Novavax (NVAX), DURECT (DRRX), Sorrento Therapeutics (SRNE), Tesla (TSLA), NIO (NIO), Opko Health (OPK) and Alibaba Group (BABA).

Who are Cassava Sciences' key executives?

Cassava Sciences' management team includes the following people:
  • Mr. Remi Barbier, Founder, Chairman, CEO & Pres (Age 59)
  • Mr. Eric J. Schoen, Chief Financial Officer (Age 51)
  • Dr. Nadav Friedmann, COO, Chief Medical Officer & Director (Age 76)
  • Dr. Michael Marsman Pharm.D., Sr. VP of Regulatory Affairs

What is Cassava Sciences' stock symbol?

Cassava Sciences trades on the NASDAQ under the ticker symbol "SAVA."

Who are Cassava Sciences' major shareholders?

Cassava Sciences' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (0.55%), Nuveen Asset Management LLC (0.50%), Jefferies Group LLC (0.40%), Jane Street Group LLC (0.38%), Charles Schwab Investment Management Inc. (0.20%) and New York State Common Retirement Fund (0.13%). Company insiders that own Cassava Sciences stock include Armistice Capital Master Fund, Eric Schoen, Remi Barbier and Sanford Robertson.
View institutional ownership trends for Cassava Sciences
.

Which institutional investors are selling Cassava Sciences stock?

SAVA stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, and Bank of Montreal Can.
View insider buying and selling activity for Cassava Sciences
.

Which institutional investors are buying Cassava Sciences stock?

SAVA stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Jane Street Group LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., New York State Common Retirement Fund, WINTON GROUP Ltd, Jefferies Group LLC, and American International Group Inc.. Company insiders that have bought Cassava Sciences stock in the last two years include Eric Schoen, Remi Barbier, and Sanford Robertson.
View insider buying and selling activity for Cassava Sciences
.

How do I buy shares of Cassava Sciences?

Shares of SAVA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Cassava Sciences' stock price today?

One share of SAVA stock can currently be purchased for approximately $11.47.

How big of a company is Cassava Sciences?

Cassava Sciences has a market capitalization of $285.82 million. The company earns $-4,630,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis. Cassava Sciences employs 9 workers across the globe.

What is Cassava Sciences' official website?

The official website for Cassava Sciences is www.cassavasciences.com.

How can I contact Cassava Sciences?

Cassava Sciences' mailing address is 7801 N CAPITAL OF TEXAS HIGHWAY SUITE 260, AUSTIN TX, 78731. The company can be reached via phone at 512-501-2444 or via email at [email protected]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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