A new trading data show Sage Therapeutics Inc (SAGE) is showing positive returns.

With 0.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.93 shares. The 52-week range on SAGE shows that it touched its highest point at $59.99 and its lowest point at $16.51 during that stretch. It currently has a 1-year price target of $27.06. Beta for the stock currently stands at 0.90.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SAGE was down-trending over the past week, with a drop of -4.36%, but this was down by -6.73% over a month. Three-month performance surged to 28.05% while six-month performance rose 22.37%. The stock lost -47.13% in the past year, while it has gained 9.32% so far this year. A look at the trailing 12-month EPS for SAGE yields -10.98 with Next year EPS estimates of -6.06. For the next quarter, that number is -1.28. This implies an EPS growth rate of -7.18% for this year and 37.01% for next year. EPS is expected to grow by 1.35% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.86%.

Float and Shares Shorts:

At present, 59.51 million SAGE shares are outstanding with a float of 51.45 million shares on hand for trading. On Jan 31, 2024, short shares totaled 7.86 million, which was 13.07% higher than short shares on Dec 29, 2023. In addition to Mr. Barry E. Greene as the firm’s President, CEO & Director, Ms. Kimi E. Iguchi CPA serves as its CFO & Treasurer.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SAGE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With SAGE analysts setting a high price target of $79.00 and a low target of $20.00, the average target price over the next 12 months is $27.06. Based on these targets, SAGE could surge 233.47% to reach the target high and fall by -15.58% to reach the target low. Reaching the average price target will result in a growth of 14.23% from current levels.

Summary of Insider Activity:

Insiders traded SAGE stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 5 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 7,000 while 0 shares were sold.