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Tuesday morning saw a decline for Cassava Sciences Inc (SAVA), with the stock dropping -8.56% to 23.39 in pre-market activity.

Should You Hold SAVA Stock Today

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The stock is ranked higher than 55% of stocks in the Biotechnology industry, which is ranked 127th out of 146 industries.

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With a short-term technical score of 39, SAVA has performed less favourably over the past month than 61% of the market's stocks.

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On July 25, Cassava Sciences Inc. closed at $21.69 after increasing 11.56% in the previous month.

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The stock saw ups and downs throughout this time, reaching a top of $34.87 and a low of $16.33.

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The typical analyst rating for SAVA is Buy. The average price estimate for the stock is $58.67.

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This indicates that the company's stock performance during the previous  trading days

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 has put it in the lower half of all stocks, with 55% of the market scoring higher.

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