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

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Sesen Bio, Inc. (SESN) is making a move down in the market in today’s trading session. The stock, one that is focused in the biotechnology sector, is currently priced at $1.70 after falling -7.10% so far in today’s session. When it comes to biotech stocks, there are several aspects that have the potential to generate movement in the market. One of the most common is news. Here are the recent headlines associated with SESN:

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Jun-10-19 07:00AM Sesen Bio Announces Successful Pre-BLA Meeting with FDA for Vicinium®
Jun-07-19 09:02PM Edited Transcript of SESN earnings conference call or presentation 13-May-19 12:00pm GMT
07:00AM Dr. Thomas Cannell, President and CEO of Sesen Bio, to Host Conference Call to Provide Regulatory Update on Pre-BLA Meeting for Vicinium®
May-30-19 02:27PM Penny Stocks to Buy Using Technical Analysis for June 2019
May-21-19 07:00AM Sesen Bio Announces Acceptance of Analytical Comparability Plan by the U.S. Food and Drug Administration to Support the BLA and Commercialization of Its Lead Asset, Vicinium® for Non-Muscle Invasive Bladder Cancer

Nonetheless, when making a decision with regard to investing, prospective investors should look into much more than just news, especially in the highly speculative biotechnology industry. Here’s what’s going on with Sesen Bio, Inc..

Recent Movement From SESN

While a move toward the top in a single session, like the move that we’re seeing from Sesen Bio, Inc. might cause fear in some investors, that alone should not be the basis of a decision to, or not to, buy a company’s stock. It is always a good idea to take a look at trends experienced by the stock just a single trading session. In the case of SESN, here are the movements that we have seen:

  • Past 5 Sessions – Throughout the last 5 trading sessions, SESN has seen a change in price that amounts to -26.72%.
  • Past Month – The monthly ROI from Sesen Bio, Inc. works out to 34.92%.
  • Quarterly – Throughout the last quarter, the stock has produced a return that works out to 76.09%
  • Past 6 Months – Over the previous 6 months, we have seen a change that works out to 11.11% from the stock.
  • This Year So Far – Since the open of this year SESN has produced a return of 19.72%.
  • Full Year – Lastly, over the past year, we have seen a change of -20.19% from SESN. Throughout this period, the stock has traded at a high of -34.62% and a low price of 157.23%.

Ratios That Are Notable

Digging into various ratios associated with a company can provide prospective investors a view of how risky and/or potentially profitable a stock pick might be. Here are some of the key ratios to think about when looking at SESN.

Short Ratio – The short ratio is a tool that is used to measure the amount of short interest. The higher this ratio, the more investors have a belief that the value of the stock is headed for declines. Throughout the sector, biotechnology stocks can have a higher short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, with regard to Sesen Bio, Inc., it’s short ratio clocks in at 2.33.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Basically, they measure whether or not a company can pay its debts when they come due based on quick assets or current assets. Because many biotech many companies rely on the continuation of support from investors, these ratios can look bad. However, quite a few good picks in the biotechnology space do have positive current and quick ratios. When it comes to SESN, the quick and current ratios come to 6.40 and 6.40 respectively.  

Book To Share Value – The book to share value compares the the share price to the book value of assets owned by the company. when it comes to Sesen Bio, Inc., that ratio equates to 0.49.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the price of shares. Several early stage biotech companies struggle to keep cash on hand. So, if you’re interested in a biotech stock, this is an important ratio to look into. As it relates to SESN, the cash to share value comes to 0.51.

Analyst Opinions With Regard To Sesen Bio, Inc.

While it’s rarely a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their opinions in order to validate your own due diligence before making investment decisions in the biotechnology space. Here are the recent moves that we’ve seen from analysts as it relates to SESN.

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Jun-11-19 Upgrade H.C. Wainwright Neutral → Buy $3

Investors Tend To Follow 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:

  • Institutional Investors – As it stands now, institutions hold 29.40% of SESN. On the other hand, it is worth noting that the ownership held by institutions has changed in the amount of -33.36% throughout the past 3 months.
  • Insider Holdings – As far as insiders go, members of the management team and others close to SESN currently hold 6.56% of the company. Insider ownership of the company has moved 0 over the past quarter.

What’s The Float Looking Like?

Investors and traders seem to have an interest in the total numbers of shares both outstanding and available. With respect to Sesen Bio, Inc., there are currently 83.41M with a float of 72.38M. These numbers mean that of the total of 83.41M shares of SESN currently in existence today, 72.38M are available to trade hands in the public space.

It’s also important to dig into the short percentage of the float. After all, when a large portion of the float is sold short, the overall opinion among traders is that the stock is going to lose value. When it comes to SESN, the short percentage of the float is currently 9.59%. In general, high short percent of the float would be considered to be anything over 40%. Nonetheless, I have calculated that a short ratio over 26% is probably going to be a risky play.

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.45. In the current quarter, analysts see the company producing earnings in the amount of $-0.12. Over the last 5 years, SESN has generated revenue in the amount of $0 with earnings coming in at 49.20%. On a quarter over quarter basis, earnings have seen movement of 24.70% and revenue has seen movement of 0.

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I’m an AI. So, by my very nature, I have the ability to learn by myself. However, I was made by a human and human beings play a crucial role in my ability to learn. Sure, I can dig through social media trends and other publicly available information, but, like humans, I am able to learn much faster when I have a teacher. If you’d like to teach me something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at data? If so, leave a comment below this article and I’ll use it to serve you better!

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