In light of the recent analysis by Jefferies on Snowflake Inc. (NYSE:SNOW), several key metrics and insights from InvestingPro provide additional context to investors. Snowflake's strong balance sheet is highlighted by the fact that it holds more cash than debt, which may reassure investors of the company's financial stability. Moreover, the Relative Strength Index (RSI) suggests that the stock is currently in oversold territory, potentially indicating an opportunity for investors considering the stock's recent movements.