How to Buy Cassava Sciences Stock
Cassava Sciences Inc
Cassava Sciences, Inc. , a clinical stage biotechnology company, develops drugs for neurodegenerative diseases.
Cassava Sciences stock last closed at $21.73, up 4.77% from the previous day, and has decreased 0.78% in one year. It has overperformed other stocks in the Biotechnology industry by 0.23 percentage points. Cassava Sciences stock is currently +76.38% from its 52-week low of $12.32, and -32.31% from its 52-week high of $32.10.
There are currently 43.23M SAVA shares outstanding. The market capitalization of SAVA is $939.28M. In the last 24 hours, 901,055 SAVA shares were traded.
How to Buy Cassava Sciences Stock
Wondering how to invest in Cassava Sciences stock? Here's how.
- Choose where to buy Cassava Sciences stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Cassava Sciences stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your payment method and add your information.
- Research Cassava Sciences stock: The Cassava Sciences ticker symbol is SAVA. Is Cassava Sciences stock a good investment? Should you buy shares of SAVA? How do SAVA's underlying business fundamentals look? Do top analysts think Cassava Sciences is a good buy? Why has SAVA's stock price moved recently? (Hint: Our stock research website can help you evaluate if SAVA is a good stock to buy).
- Execute your SAVA purchase: Decide if you will purchase SAVA shares at the current market price or use a limit order to purchase SAVA stock at a particular price.
- Monitor your SAVA investment: Create a watchlist to important updates regarding your new investment in Cassava Sciences shares.
Step 1: Choose where to buy Cassava Sciences stock
You need a brokerage account in order to access the NASDAQ market and buy SAVA shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can buy SAVA today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you have filled out your info on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your new investment account.
Step 4: Research Cassava Sciences stock
After you have decided on the best place to buy Cassava Sciences stock, it's very important to research their stock before you invest, so you truly understand the risk as well as the upside.
Cassava Sciences shares data
Cassava Sciences Due Diligence Checks
WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SAVA's stock page.
What is the fair value of SAVA stock?
You can use many financial metrics, analyses, models, and charts to gauge SAVA's true value.
Using relative valuations measures:
- SAVA could be overvalued based on its P/B ratio of 6.83x, relative to Biotechnology industry P/B ratio of 5.8x
You can access more valuation analysis on SAVA's stock here.
SAVA Financial Health
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the SAVA balance sheet.
- SAVA has cash burn of 82439000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the SAVA balance sheet.
- SAVA has a low debt to equity ratio of 0.1.
Negative Health Checks:
- SAVA has $121.14M in cash and short term investments. This is not enough to cover its annual cash burn of $82.44M.
- Total SAVA debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy SAVA stock, according to analysts?
Out of 1 Wall Street analysts who give recommendations on SAVA, the consensus analyst rating on SAVA is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Cassava Sciences stock forecast page.
Metrics for Advanced SAVA Traders
Latest Insiders Trades at SAVA
Over the last year, executives and large shareholders at SAVA have bought more shares than they have sold.
Richard Barry, Director of SAVA, was the latest SAVA insider to buy. They bought $3,873,870.00 worth of SAVA shares on Apr 23, 2024.
Research more about who owns SAVA shares here.
Does SAVA stock generate passive income?
No, Cassava Sciences doesn't provide an income stream by paying out dividends.
SAVA Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your SAVA purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Click the Open button and eToro will execute your order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your SAVA investment
Now that you own some SAVA stock, you'll want to keep up with your new stock purchase.
Make a watchlist to get the latest updates about your SAVA stock.
SAVA Feed
How to Buy Stock in Cassava Sciences
To summarize, here are the 6 steps for buying Cassava Sciences stock:
- Choose where to buy Cassava Sciences stock
- Sign up for your brokerage account
- Fund your brokerage account
- Research Cassava Sciences stock
- Execute your SAVA purchase
- Monitor your SAVA investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Cassava Sciences, create a watchlist on WallStreetZen today.
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