After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Sesen Bio Inc. (SESN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0008, or -0.13%, to $0.628. The Sesen Bio Inc. has recorded 84,310 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Sesen Bio Stockholders Approve Merger with Carisma Therapeutics.
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Stocks Info
Sesen Bio Inc. is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. At the end of the last regular session, the stock closed at $0.63 and fluctuated between $0.6288 as its day high and $0.5700 as its day low. The current market capitalization of Sesen Bio Inc. is $121.18M. A total of 1.8 million shares were traded on the day, compared to an average of 2.66M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SESN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 5 BUYs and 0 SELLs from insiders. Insiders purchased 200,000 shares during that period but sold 0.
In the most recent transaction, Cannell Thomas R sold 487,487 shares of SESN for 0.59 per share on Mar 02. After the transaction, the President and CEO now owns 344,150 company shares. In a previous transaction on Mar 02, Forbes Monica sold 345,849 shares at 0.59 per share. SESN shares that Chief Financial Officer owns now total 326,122.
Among the insiders who sold shares, Sullivan Mark disposed of 219,218 shares on Mar 02 at a per-share price of $0.59. This resulted in the General Counsel & Secretary holding 198,716 shares of SESN after the transaction. In another insider transaction, MacDonald Glen C sold 170,372 shares at $0.59 per share on Mar 02. Company shares held by the Chief Technology Officer now total 206,751.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SESN in the last 3 months, the mean price target is $0.60 with high estimates of $0.60 and low estimates of $0.60. In terms of 52-week highs and lows, SESN has a high of $0.59 and a low of $0.15.
As of this writing, SESN has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.05 per share and a lower estimate of -$0.11. The company reported an EPS of -$0.16 in the last quarter, which was -23.10% lower than expectations of -$0.13.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 1 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SESN is Buy with a score of 3.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
