Navigating the Volatility of Sangamo Therapeutics Inc’s (SGMO) Stock

The stock of Sangamo Therapeutics Inc (SGMO) has gone up by 6.06% for the week, with a -40.85% drop in the past month and a -38.10% drop in the past quarter. The volatility ratio for the week is 10.81%, and the volatility levels for the past 30 days are 12.46% for SGMO. The simple moving average for the last 20 days is -20.98% for SGMO stock, with a simple moving average of -38.87% for the last 200 days.

Is It Worth Investing in Sangamo Therapeutics Inc (NASDAQ: SGMO) Right Now?

Company’s 36-month beta value is 1.23.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for SGMO is 186.71M, and currently, short sellers hold a 7.39% ratio of that floaft. The average trading volume of SGMO on July 10, 2024 was 2.22M shares.

SGMO) stock’s latest price update

Sangamo Therapeutics Inc (NASDAQ: SGMO)’s stock price has plunge by 9.92relation to previous closing price of 0.32. Nevertheless, the company has seen a 6.06% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-05-09 that Sangamo Therapeutics, Inc. (NASDAQ:SGMO ) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Louise Wilkie – Vice President, Investor Relations and Corporate Communications Sandy Macrae – Chief Executive Officer Amy Pooler – Head of Research Nathalie Dubois-Stringfellow – Chief Development Officer Conference Call Participants James Stamos – Jefferies Gena Wang – Barclays Luis Santos – H.C. Wainwright Ritu Baral – TD Cowen Bill Chappell – Truist Operator Good day, and welcome to the Sangamo Therapeutics First Quarter 2024 Teleconference Call.

Analysts’ Opinion of SGMO

Many brokerage firms have already submitted their reports for SGMO stocks, with RBC Capital Mkts repeating the rating for SGMO by listing it as a “Sector Perform.” The predicted price for SGMO in the upcoming period, according to RBC Capital Mkts is $2 based on the research report published on November 03, 2023 of the previous year 2023.

BofA Securities, on the other hand, stated in their research note that they expect to see SGMO reach a price target of $1.50, previously predicting the price at $5. The rating they have provided for SGMO stocks is “Underperform” according to the report published on April 28th, 2023.

Wedbush gave a rating of “Outperform” to SGMO, setting the target price at $16 in the report published on February 27th of the previous year.

SGMO Trading at -32.28% from the 50-Day Moving Average

After a stumble in the market that brought SGMO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.04% of loss for the given period.

Volatility was left at 12.46%, however, over the last 30 days, the volatility rate increased by 10.81%, as shares sank -39.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.42% lower at present.

During the last 5 trading sessions, SGMO rose by +6.06%, which changed the moving average for the period of 200-days by -58.41% in comparison to the 20-day moving average, which settled at $0.4317. In addition, Sangamo Therapeutics Inc saw -35.58% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SGMO starting from BIOGEN INC., who sale 6,000,000 shares at the price of $0.50 back on Sep 26 ’23. After this action, BIOGEN INC. now owns 17,652,466 shares of Sangamo Therapeutics Inc, valued at $3,000,000 using the latest closing price.

Stock Fundamentals for SGMO

Current profitability levels for the company are sitting at:

  • -18.01 for the present operating margin
  • -0.03 for the gross margin

The net margin for Sangamo Therapeutics Inc stands at -17.49. The total capital return value is set at -3.81. Equity return is now at value -167.24, with -115.20 for asset returns.

Based on Sangamo Therapeutics Inc (SGMO), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at -6.72. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is 2.97.

Currently, EBITDA for the company is -92.1 million with net debt to EBITDA at 0.18. When we switch over and look at the enterprise to sales, we see a ratio of 2.57. The receivables turnover for the company is 27.14for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.

Conclusion

In a nutshell, Sangamo Therapeutics Inc (SGMO) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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