Sangamo Therapeutics Inc (NASDAQ:SGMO) traded at $1.37 at close of the session on current trade day and made an upward move of 1.48% on its previous day’s price.
Looking at the stock we see that its previous close was $1.35 with the day’s price range being $1.34 – $1.51. In terms of its 52-week price range, SGMO has a high of $3.18 and a low of $0.30. The company’s stock has lost about -30.46% over that past 30 days.
Sangamo Therapeutics Inc has a market cap of $285.84 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the SGMO stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 3 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Sangamo Therapeutics Inc (SGMO) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -33.23% off its SMA20 and -34.74% from its 50-day simple moving average. The RSI (14) is pointing at 38.51 while the volatility over the past week is 19.75% and jumps to 14.46% over the past one month. The beta value is 1.29, while the average true range (ATR) is currently pointing at 0.32. The average price target for the stock over the next 12 months is $2.5, with the estimates having a low of $2 and a high of $3. These price ends are -45.99% and -118.98% off the current price level respectively, although investors could be excited at the prospect of a -82.48% if the SGMO share price touches on the median price of $2.5.
Coming back to Sangamo Therapeutics Inc (NASDAQ:SGMO), we note that the average 3-month trading volume was 9.95 million, while that of the preceding 10-day period stands at 13.25 million. Current shares outstanding are 208.62 million.
The insiders hold 4.54% of the company’s shares while institutions hold 27.06%. The data shows that short shares as of 2024-12-13, stood at 19.61 million at a short ratio of 3.54. This represents a 945.00 short interest in shares outstanding on 2024-12-13. Shares short rose in December from the previous month at 13.39 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 34.31% up in year-to-date price movement.
