Cassava Sciences Stock Today

SAVA Stock  USD 3.98  0.15  3.92%   

Performance

0 of 100

 
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Odds Of Distress

Less than 45

 
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Below Average
Cassava Sciences is trading at 3.98 as of the 27th of November 2024, a 3.92 percent increase since the beginning of the trading day. The stock's open price was 3.83. Cassava Sciences has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Cassava Sciences are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of May 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
14th of July 2000
Category
Healthcare
Classification
Health Care
Cassava Sciences, Inc., a clinical stage biotechnology company, develops drugs for neurodegenerative diseases. Cassava Sciences, Inc. was incorporated in 1998 and is based in Austin, Texas. Cassava Sciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 48.11 M outstanding shares of which 18.57 M shares are at this time shorted by private and institutional investors with about 13.6 trading days to cover. More on Cassava Sciences

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Cassava Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRemi Barbier
Business ConcentrationPharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Pharmaceuticals, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin684651
Sufficiently Up
Slightly volatile
Total Current Liabilities7.4 M14.2 M
Way Down
Pretty Stable
Total Assets114.4 M151.7 M
Way Down
Slightly volatile
Total Current Assets110.4 M129.6 M
Fairly Down
Slightly volatile
Debt Levels
Cassava Sciences can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cassava Sciences' financial leverage. It provides some insight into what part of Cassava Sciences' total assets is financed by creditors.
Liquidity
Cassava Sciences currently holds 14.2 M in liabilities. Cassava Sciences has a current ratio of 22.94, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Cassava Sciences' use of debt, we should always consider it together with its cash and equity.

Change In Cash

(75.89 Million)
Cassava Sciences (SAVA) is traded on NASDAQ Exchange in USA. It is located in 6801 N. Capital of Texas Highway, Austin, TX, United States, 78731 and employs 29 people. Cassava Sciences is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 184.02 M. Cassava Sciences conducts business under Pharmaceuticals sector and is part of Health Care industry. The entity has 48.11 M outstanding shares of which 18.57 M shares are at this time shorted by private and institutional investors with about 13.6 trading days to cover. Cassava Sciences currently holds about 197.23 M in cash with (82.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.92, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Cassava Sciences Probability Of Bankruptcy
Ownership Allocation
Cassava Sciences holds a total of 48.11 Million outstanding shares. Cassava Sciences shows significant amount of outstanding shares owned by insiders and institutional investors . Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cassava Ownership Details

Cassava Stock Institutional Holders

InstituionRecorded OnShares
Capital Fund Management Sa2024-09-30
159 K
Clear Creek Investment Mgmt Llc2024-09-30
153.5 K
Norges Bank2024-06-30
147.6 K
Bank Of New York Mellon Corp2024-06-30
140.8 K
Bank Of America Corp2024-06-30
120.6 K
Jane Street Group Llc2024-06-30
120.1 K
Susquehanna Portfolio Strategies Llc2024-09-30
97.1 K
Swiss National Bank2024-09-30
89 K
Advisor Group Holdings, Inc.2024-06-30
86.4 K
Blackrock Inc2024-06-30
3.2 M
Vanguard Group Inc2024-09-30
2.5 M
View Cassava Sciences Diagnostics

Cassava Sciences Historical Income Statement

At present, Cassava Sciences' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 4.6 M, whereas Gross Profit is projected to grow to (85 M). View More Fundamentals

Cassava Stock Against Markets

Cassava Sciences Corporate Management

Christopher JDCompany VPProfile
James MDChief OfficerProfile
Michael ZamlootSenior OperationsProfile
Jaren LandenChief OfficerProfile
Michael PharmDSenior AffairsProfile
Lindsay BurnsSenior NeuroscienceProfile
When determining whether Cassava Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cassava Sciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cassava Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cassava Sciences Stock:
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Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cassava Sciences. If investors know Cassava will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cassava Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.38)
Return On Assets
(0.46)
Return On Equity
(0.11)
The market value of Cassava Sciences is measured differently than its book value, which is the value of Cassava that is recorded on the company's balance sheet. Investors also form their own opinion of Cassava Sciences' value that differs from its market value or its book value, called intrinsic value, which is Cassava Sciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cassava Sciences' market value can be influenced by many factors that don't directly affect Cassava Sciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cassava Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cassava Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cassava Sciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.