Stocks of Savara Inc (NASDAQ:SVRA) traded higher last session on Wall Street, down -0.78% to $3.81.
SVRA stock price is now -13.01% away from the 50-day moving average and -11.91% away from the 200-day moving average. The market capitalization of the company currently stands at $526.50M.
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With the price target of $8, JMP Securities recently initiated with Mkt Outperform rating for Savara Inc (NASDAQ: SVRA). On November 07, 2023, Guggenheim recently initiated its ‘Buy’ rating on the stock quoting a target price of $7, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Elam Nevan C, Director sold 93,843 shares of the company’s stock on Dec 28 ’23. The stock was sold for $442,291 at an average price of $4.71. Upon completion of the transaction, the Director now directly owns 22,500 shares in the company, valued at $85725.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 28 ’23, CHIEF EXECUTIVE OFFICER Pauls Matthew sold 84,000 shares of the business’s stock. A total of $395,900 was realized by selling the stock at an average price of $4.71. This leaves the insider owning 1,302,674 shares of the company worth $4.96 million. A total of 47.39% of the company’s stock is owned by insiders.
During the past 12 months, Savara Inc has had a low of $2.60 and a high of $5.70. As of last week, the company has a debt-to-equity ratio of 0.22, a current ratio of 14.90, and a quick ratio of 14.90. The fifty day moving average price for SVRA is $4.3528 and a two-hundred day moving average price translates $4.32505 for the stock.
The latest earnings results from Savara Inc (NASDAQ: SVRA) was released for 2024-03-31.
