Savara Inc (NASDAQ:SVRA) shares, rose in value on Thursday, March 27, with the stock price up by 2.96% to the previous day’s close as strong demand from buyers drove the stock to $2.78.
Actively observing the price movement in the last trading, the stock closed the session at $2.70, falling within a range of $2.61 and $2.845. The value of beta (5-year monthly) was 0.595. Referring to stock’s 52-week performance, its high was $5.34, and the low was $2.26. On the whole, SVRA has fluctuated by 12.55% over the past month.
With the market capitalization of Savara Inc currently standing at about $477.10 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-26.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SVRA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SVRA currently trading nearly 4.04% and 1.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.82, while the 7-day volatility ratio is showing 6.78% which for the 30-day chart, stands at 7.88%. Furthermore, Savara Inc (SVRA)’s beta value is 0.55, and its average true range (ATR) is 0.19.
A comparison of Savara Inc (SVRA) with its peers suggests the former has fared considerably weaker in the market. SVRA showed an intraday change of 2.96% in last session, and over the past year, it shrunk by -42.32%%.
Data on historical trading for Savara Inc (NASDAQ:SVRA) indicates that the trading volumes over the past 10 days have averaged 1.68 and over the past 3 months, they’ve averaged 1.01 million. According to company’s latest data on outstanding shares, there are 170.84 million shares outstanding.
Nearly 49.03% of Savara Inc’s shares belong to company insiders and institutional investors own 53.04% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 17.33 million shares as on 2025-03-14, resulting in a short ratio of 18.24. According to the data, the short interest in Savara Inc (SVRA) stood at 1203.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 15.94 million. The stock has fallen by -9.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SVRA stock heading into the next quarter.