Cassava Sciences Inc Shares Close the Day 10.1% Lower - Daily Wrap

The company saw its shares close the day 10.1% lower than yesterday, with trading volume higher than its 30 day average.

Jul 10, 2021 by Kwhen Finance Editors

Cassava Sciences Inc Shares Close the Day 10.1% Lower - Daily Wrap
Cassava Sciences Inc (SAVA) shares closed today 10.1% lower than it did at the end of yesterday. The stock is currently flat year-to-date, up 2758.8% over the past 12 months, and up 508.0% over the past five years. Today, the Dow Jones Industrial Average rose 1.3%, and the S&P 500 rose 1.1%.

Trading Activity

  • Shares traded as high as $113.27 and as low as $86.14 this week.
  • Trading volume this week was 12.6% higher than the 10-day average and 32.7% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.6.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates an upward 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-10.10.02758.8
Dow Jones Industrial Average1.30.036.1-0.935.7
S&P 500 Index1.10.039.2-0.840.7
Health Care0.50.028.9-0.129.6

Peer Group Comparative Performance

  • The company's stock price performance year-to-date is the same as the peer average.
  • The company's stock price performance over the past 12 months beats the peer average by -15179.0%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Cassava Sciences IncSAVA002758.8
Peer AvgN/A00-18.3-31.71.9
ORIC Pharmaceuticals IncORIC00-24.8-56.45.3
Otonomy IncOTIC00-48.3-70.62.5

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