At the time of writing, Savara Inc [SVRA] stock is trading at $3.72, up 3.33%. An important factor to consider is whether the stock is rising or falling in short-term value. The SVRA shares have gain 10.71% over the last week, with a monthly amount drifted -2.62%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Savara Inc [NASDAQ: SVRA] stock has seen the most recent analyst activity on November 13, 2024, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $5 from $7. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on February 15, 2024, and set its price target to $8. On November 07, 2023, Guggenheim initiated with a Buy rating and assigned a price target of $7 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $4 on May 16, 2023. Jefferies downgraded its rating to a Hold but $2 remained the price target by the analyst firm on March 31, 2023. Piper Sandler started tracking with a Overweight rating for this stock on March 16, 2021, and assigned it a price target of $7. In a note dated March 15, 2021, Oppenheimer initiated an Outperform rating and provided a target price of $4 on this stock.
For the past year, the stock price of Savara Inc fluctuated between $2.82 and $5.70. Currently, Wall Street analysts expect the stock to reach $9.67 within the next 12 months. Savara Inc [NASDAQ: SVRA] shares were valued at $3.72 at the most recent close of the market. An investor can expect a potential return of 159.95% based on the average SVRA price forecast.
Analyzing the SVRA fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.35, Equity is -0.59 and Total Capital is -0.4. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.61 points at the first support level, and at 3.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.83, and for the 2nd resistance point, it is at 3.93.
Ratios To Look Out For
It is important to note that Savara Inc [NASDAQ:SVRA] has a current ratio of 17.70. On the other hand, the Quick Ratio is 17.70, and the Cash Ratio is 1.68.
Transactions by insiders
Recent insider trading involved McCracken Joseph S, Director, that happened on Nov 19 ’24 when 20000.0 shares were purchased. Director, RAMSAY DAVID A completed a deal on Nov 18 ’24 to buy 100000.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER Pauls Matthew sold 84000.0 shares on Dec 28 ’23.
