Sesen Bio Inc. (NASDAQ:SESN) went down by -2.36% from its latest closing price compared to the recent 1-year high of $6.04. The company’s stock price has collected -2.46% of loss in the last five trading sessions. Press Release reported on 01/10/22 that Sesen Bio Further Enhances Team with Key Hires
Is It Worth Investing in Sesen Bio Inc. (NASDAQ :SESN) Right Now?
Plus, the 36-month beta value for SESN is at 0.56.
SESN currently public float of 199.45M and currently shorts hold a 3.40% ratio of that float. Today, the average trading volume of SESN was 13.04M shares.
SESN’s Market Performance
SESN stocks went down by -2.46% for the week, with a monthly drop of -2.01% and a quarterly performance of -23.81%, while its annual performance rate touched -45.95%. The volatility ratio for the week stands at 4.66% while the volatility levels for the past 30 days are set at 6.19% for Sesen Bio Inc.. The simple moving average for the period of the last 20 days is -5.57% for SESN stocks with a simple moving average of -62.78% for the last 200 days.
Analysts’ Opinion of SESN
H.C. Wainwright, on the other hand, stated in their research note that they expect to see SESN reach a price target of $3. The rating they have provided for SESN stocks is “Buy” according to the report published on June 11th, 2019.
SESN Trading at -19.46% from the 50-Day Moving Average
After a stumble in the market that brought SESN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.75% of loss for the given period.
Volatility was left at 6.19%, however, over the last 30 days, the volatility rate increased by 4.66%, as shares sank -3.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.88% lower at present.
During the last 5 trading sessions, SESN fell by -2.46%, which changed the moving average for the period of 200-days by -68.87% in comparison to the 20-day moving average, which settled at $0.8457. In addition, Sesen Bio Inc. saw -1.84% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SESN
Equity return is now at value -46.20, with -12.40 for asset returns.