Sesen Bio, Inc. (SESN) Stock: A Strong Pick In The Biotech Space?

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Sesen Bio, Inc. (SESN) is falling in the market today. The stock, focused in the biotech space, is presently trading at $0.91 after a move down of -5.67% so far in today’s session. When it comes to biotechnology stocks, there are quite a few factors that have the ability to cause declines in the market. News tends to be one of the biggest reasons for the movement. Here are the recent headlines surrounding SESN:

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Mar-09-19 10:09PM Edited Transcript of SESN earnings conference call or presentation 4-Mar-19 1:00pm GMT
Mar-07-19 12:56PM What Kind Of Shareholder Owns Most Sesen Bio, Inc. (NASDAQ:SESN) Stock?
Mar-04-19 07:30AM Sesen Bio Reports Fourth Quarter and Full-Year 2018 Financial Results and Additional Preliminary Data from Phase 3 VISTA Trial
Feb-25-19 04:20PM Sesen Bio to Host Conference Call to Review Fourth Quarter and Full-Year 2018 Financial Results and Additional Preliminary Data from Phase 3 VISTA Trial
Jan-22-19 09:30AM Health Stocks Benefitting the Most from Rally

However, any time investors are making a decision with regard to investing, prospective investors should look at much more than news, this is especially the case in the generally speculative biotechnology industry. Here’s what’s happening in regard to Sesen Bio, Inc..

Performance Trends That We’ve Seen From SESN

While a single session decline, like the fall that we’re seeing from Sesen Bio, Inc. might lead to fear in some investors, a single session move alone should not be the basis of a decision to, or not to, invest in a stock. It is generally important to dig into trends beyond a single trading session. In the case of SESN, here are the movements that we have seen:

  • Past 5 Sessions – Over the past week, SESN has generated a change in value in the amount of -7.50%.
  • Past Month – The performance from Sesen Bio, Inc. throughout the last month has been 11.90%.
  • Past Three Months – Over the last three months, the company has generated a return on investment that comes to -19.56%
  • Past 6 Months – In the last 6 months, we’ve seen a performance that works out to -56.30% from the company.
  • Year To Date – Since the close of last year SESN has produced a return of -35.99%.
  • Annually – Finally, over the past year, investors have seen movement of -19.56% from SESN. Throughout this period, the stock has sold at a high price of -74.03% and a low of 37.54%.

Rations That You Should Think About

Digging into a few ratios associated with a company can give traders a look of how dangerous and/or potentially profitable a pick may be. Here are some of the most important ratios to think about when looking at SESN.

Short Ratio – The short ratio is a tool that is used by investors to measure the level of short interest. The higher this short ratio, the more investors are expecting that the price of the stock is going to tumble. Across the sector, biotech stocks can come with a higher short ratio. However, we tend to see quite a few short squeezes in the space. Nonetheless, when it comes to Sesen Bio, Inc., the stock’s short ratio amounts to 2.77.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure the company’s abilities to pay its debts as they mature based on current assets or quick assets. In the biotech sector, several companies are heavily reliant on the continuation of investor support, these ratios can be upsetting. Nonetheless, several gems in the biotech sector do have positive current and quick ratios. In terms of SESN, the quick and current ratios add up to 8.50 and 8.50 respectively.  

Book To Share Value – The book to share value compares the the share price to the current book value of assets that are owned by the company. In the case of Sesen Bio, Inc., the book to share value ratio is 0.57.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the value of the company’s stock. Many clinical stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotech space, this is an important ratio to consider. In this case, the cash to share value ratio comes to 0.64.

Analyst Opinions With Regard To Sesen Bio, Inc.

While it’s not a good idea to blindly follow the opinions of analysts, it is a smart idea to consider their analysis in order to validate your own thoughts before making investment decisions in the biotech industry. Below you’ll find the most recent moves that we’ve seen from analysts with regard to SESN.

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Show Me The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SESN, here’s what we’re seeing:

  • Institutions – At the moment, institutions own 45.20% of SESN. However, it’s important to note that the ownership held by institutions has changed in the amount of -9.24% throughout the past 3 months.
  • Insider Moves – When it comes to insiders, those close to the company currently own 6.56% of Sesen Bio, Inc.. Insider ownership of the company has changed by 0 in the past quarter.

Looking At Share Counts

Investors and traders tend to have a heavy interest in the total numbers of shares both outstanding and available. As far as Sesen Bio, Inc., currently there are 78.86M with a float of 72.38M. These data mean that out of the total of 78.86M shares of SESN that are out there today, 72.38M are able to trade hands on the market.

I also like to pay attention to the short percentage of the float. Think about it, if a large portion of the float is shorted, the overall opinion among investors is that the stock is headed for a deep dive. In regard to SESN, the percentage of the float that is currently being sold short is 6.73%. Most traders believe that a concerning short percent of the float would be any percentage over 40%. In my research, I have calculated that any short percent of the float over 26% is generally a a play that could prove to be very risky.

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.44. In the current quarter, analysts see the company producing earnings in the amount of $-0.09. Over the last 5 years, SESN has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 0.

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