Cassava Sciences Inc Shares Close the Day 13.5% Lower - Daily Wrap

The company saw its shares close the day 13.5% lower than yesterday, with trading volume lower than its 30 day average.

Apr 08, 2021 by Kwhen Finance Editors

Cassava Sciences Inc Shares Close the Day 13.5% Lower - Daily Wrap
Cassava Sciences Inc shares closed today 13.5% lower than it did at the end of yesterday. The stock is currently up 509.5% year-to-date, up 764.2% over the past 12 months, and up 178.8% over the past five years. Today, the Dow Jones Industrial Average fell 0.1%, and the S&P 500 rose 0.0%.

Trading Activity

  • Shares traded as high as $44.73 and as low as $35.75 this week.
  • Shares closed 7e+1% below its 52-week high and 2e+3% above its 52-week low.
  • Trading volume this week was 34.5% lower than the 10-day average and 69.9% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index today, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average today, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price lags the performance of its peers in the Health Care industry sector today, beats it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Cassava Sciences Inc-13.5509.5764.2
Dow Jones Industrial Average-0.110.945.2-0.250.6
S&P 500 Index0.010.550.3-0.353.5
Health Care0.14.028.2-1.427.4

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 949.5%
  • The company's stock price performance over the past 12 months beats the peer average by 810.1%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Cassava Sciences IncSAVA0509.5764.2
Peer AvgN/A048.584.0-27.4187.4
Ocular Therapeutix IncOCUL0-20.2204.6-32.1246.6
OncoCyte CorpOCX0122.4117.8-18.0368.7
Oragenics Inc.OGEN092.013.5-59.6134.4

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