Snse should I buy right now when there low?will this stock recover
11/15/2024 01:17am
**Sensei Biotherapeutics (SNSE) is not currently a strong buy, and it may be risky to invest in it at this low price.** Here's why:
1. **Financial Performance**: SNSE has a negative P/E ratio of -0.43, which indicates that the company is not profitable. A negative P/E ratio is a red flag, as it suggests that the company is not generating positive earnings to support its stock price.
|Ticker|Name|Date|P/E(TTM)|code|market_code|
|---|---|---|---|---|---|
|SNSE.O|Sensei|20241101|-0.38614|SNSE|185|
|SNSE.O|Sensei|20241104|-0.408993|SNSE|185|
|SNSE.O|Sensei|20241105|-0.39402|SNSE|185|
|SNSE.O|Sensei|20241106|-0.412145|SNSE|185|
|SNSE.O|Sensei|20241107|-0.425621|SNSE|185|
|SNSE.O|Sensei|20241108|-0.438151|SNSE|185|
|SNSE.O|Sensei|20241111|-0.425542|SNSE|185|
|SNSE.O|Sensei|20241112|-0.425542|SNSE|185|
|SNSE.O|Sensei|20241113|-0.425542|SNSE|185|
2. **Stock Price Trend**: The stock has experienced a significant decline of 21.03% to $0.62 on November 13, 2024. This recent downturn could be a sign of further price declines.
3. **Market Sentiment**: The stock has a low market capitalization of $15.4 million, which makes it susceptible to price volatility and potential liquidity issues. Additionally, the company's stock price has experienced a significant pre-market increase of over 78%, which can be volatile and may not be indicative of future performance.
|Ticker|Name|Date|Closing Price|code|market_code|
|---|---|---|---|---|---|
|SNSE.O|Sensei|20241114|0.4678|SNSE|185|
4. **Fundamental Issues**: SNSE has a net loss of $7.3 million for the quarter ended September 30, 2024, compared to $7.1 million in the same quarter of the previous year. The increase in net loss is attributed to higher research and development expenses, which could be a concern for investors.
5. **Strategic Decisions**: The company has announced a plan to reduce its workforce by approximately 46% to decrease operating expenses. This strategic move could be a sign of financial distress and may negatively impact the company's ability to develop its pipeline.
6. **Analyst Ratings**: There is no consensus rating from analysts, and the stock has no price target. The absence of a consensus rating and price target makes it difficult for investors to gauge the stock's potential for recovery.
In conclusion, while SNSE may seem like a low-risk investment due to its current low stock price, the company's negative P/E ratio, recent stock price decline, and financial struggles make it a risky investment. The potential for recovery is uncertain, and investors should exercise caution before investing in this stock.