Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
The closing price of Stoneridge Inc (NYSE: SRI) was $5.35 for the day, down -2.19% from the previous closing price of $5.47. In other words, the price has decreased by -$2.19 from its previous closing price. On the day, 0.5 million shares were traded.
Ratios:
Our analysis of SRI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.85.
Barrington Research Upgraded its Mkt Perform to Outperform on March 02, 2021, while the target price for the stock was maintained at $45.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 07 ’24 when Zizelman James bought 6,500 shares for $15.72 per share. The transaction valued at 102,180 led to the insider holds 6,500 shares of the business.
Kased Rajaey sold 1,032 shares of SRI for $17,389 on Mar 08 ’24. The President Control Devices now owns 5,763 shares after completing the transaction at $16.85 per share. On Mar 06 ’24, another insider, Korth Kim, who serves as the Director of the company, sold 7,745 shares for $16.49 each. As a result, the insider received 127,715 and left with 73,227 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.60.
Stock Price History:
Over the past 52 weeks, SRI has reached a high of $18.57, while it has fallen to a 52-week low of $4.11. The 50-Day Moving Average of the stock is 2.03%, while the 200-Day Moving Average is calculated to be -49.20%.
Shares Statistics:
A total of 27.70M shares are outstanding, with a floating share count of 26.99M. Insiders hold about 2.53% of the company’s shares, while institutions hold 101.09% stake in the company.
