Get the Latest Sangamo Stock Quote and Company News

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Medical Practitioners doing a research on a Lab
Credit: pexels.com, Medical Practitioners doing a research on a Lab

To get the latest Sangamo stock quote, you can check the NASDAQ website or use a reliable financial news platform.

Sangamo's stock symbol is SGMO, so be sure to use that when searching for the latest quote.

You can also find up-to-date company news and announcements on the Sangamo website under the Investor Relations section.

Sangamo is a biotechnology company that focuses on gene editing and gene therapy, so you may want to keep an eye on news related to these areas.

Company News

Sangamo Therapeutics stock took a significant hit after Pfizer terminated their pact for a gene therapy product.

Sangamo Therapeutics regained the development and commercialization rights to giroctocogene fitelparvovec, an investigational gene therapy product candidate for moderately severe hemophilia.

This move is a major shift in the company's plans for the product, which was previously being co-developed with Pfizer.

Stock Information

The Sangamo stock quote provides a clear picture of the company's performance. Its market capitalization is a significant $563,237,000.

The stock's performance is also reflected in its day-to-day fluctuations. On any given day, the stock can range from $1.08 to $1.15.

Here are some key statistics that summarize the stock's performance:

Stock Performance Overview

Credit: youtube.com, How does the stock market work? - Oliver Elfenbaum

Sangamo Therapeutics Inc has seen a significant increase in revenue, with $176.23 million in 2023, a 58.34% jump from the previous year's $111.30 million.

The company's market value is substantial, with a market capitalization of $563,237,000. It's listed on the NASDAQ exchange.

Sangamo Therapeutics Inc is a clinical-stage genomic medicine company, focusing on translating science into medicines for serious diseases.

The company's stock performance has been volatile, with a previous close of $1.13 and a day range of $1.08 to $1.15. The year range is even more dramatic, from $0 to $3.

Here's a summary of the company's stock performance:

The company's losses have also increased, with -$257.83 million in 2023, a 34.1% rise from the previous year's -$192.49 million.

Sangamo Therapeutics Inc's diluted EPS (TTM) is -$1.24, and revenue growth YOY is -94.8%.

Stock Crashes

Stock crashes can be a scary thing, but it's essential to understand what's happening. Sangamo Therapeutics shares plummeted more than 50% after Pfizer pulled out of their deal to co-develop a hemophilia drug.

Credit: youtube.com, DEEPSEEK: MARKET CRASH 2025

This kind of market volatility can be unsettling, especially for investors who have their money tied up in the stock. The biopharma firm's announcement sent shockwaves through the market.

It's worth noting that the stock crash was a direct result of the deal falling through. This highlights the importance of staying informed about company partnerships and developments.

The sudden drop in stock value can be a significant financial hit for investors. It's a reminder to always do your research and stay up-to-date on market news.

Frequently Asked Questions

Is Sangamo a good stock to buy?

Sangamo Biosciences has a Moderate Buy rating with 165.49% upside potential, making it a potentially attractive investment opportunity. However, individual results may vary, and it's essential to do your own research before making a decision.

What is Sangamo Therapeutics net worth?

Sangamo Therapeutics' net worth is approximately $522.66 million as of December 26, 2024. This figure represents a significant increase of 554.96% in just one year.

What is the price target for SGMO in 2024?

The price target for SGMO is between $2.00 and $10.00, with an average forecast of 173.44% upside from its current price of $2.56. This suggests significant potential growth for SGMO in the near future.

Kristin Ward

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Kristin Ward is a versatile writer with a keen eye for detail and a passion for storytelling. With a background in research and analysis, she brings a unique perspective to her writing, making complex topics accessible to a wide range of readers. Kristin's writing portfolio showcases her ability to tackle a variety of subjects, from personal finance to lifestyle and beyond.

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