Cassava Sciences Inc (NASDAQ:SAVA) price on Thursday, July 03, remained unchanged to $2.01.
A look at the stock’s price movement, the close in the last trading session was $2.01, moving within a range at $1.99 and $2.05. The beta value (5-Year monthly) was -2.022. Turning to its 52-week performance, $42.20 and $1.15 were the 52-week high and 52-week low respectively. Overall, SAVA moved -6.94% over the past month.
Cassava Sciences Inc’s market cap currently stands at around $97.10 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-03.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SAVA is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend SAVA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SAVA’s current price about 0.47% and 4.69% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.30, while 7-day volatility ratio is 6.38% and 5.27% in the 30-day chart. Further, Cassava Sciences Inc (SAVA) has a beta value of -2.07.
If we refocus on Cassava Sciences Inc (NASDAQ:SAVA), historical trading data shows that trading volumes averaged 1.44 over the past 10 days and 1.12 million over the past 3 months. The company’s latest data on shares outstanding shows there are 48.31 million shares.
The 13.11% of Cassava Sciences Inc’s shares are in the hands of company insiders while institutional holders own 32.83% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.22 million on 2025-06-13, giving us a short ratio of 6.74. The data shows that as of 2025-06-13 short interest in Cassava Sciences Inc (SAVA) stood at 1720.0 of shares outstanding, with shares short falling to 10.03 million registered in 2025-05-15. Current price change has pushed the stock -83.44% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SAVA stock continues to rise going into the next quarter.
