Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Scholar Rock Holding Corp (NASDAQ: SRRK) closed the day trading at $29.31 down -10.01% from the previous closing price of $32.57. In other words, the price has decreased by -$10.01 from its previous closing price. On the day, 2.0 million shares were traded.
Ratios:
For a better understanding of SRRK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.61 and its Current Ratio is at 9.61. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on November 26, 2024, Reiterated its Buy rating but revised its target price to $50 from $40 previously.
On October 07, 2024, H.C. Wainwright reiterated its Buy rating and also lowered its target price recommendation from $30 to $35.
On March 28, 2024, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $30.Raymond James initiated its Strong Buy rating on March 28, 2024, with a $30 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 25 ’25 when Sacco Tracey sold 5,000 shares for $32.83 per share. The transaction valued at 164,131 led to the insider holds 71,750 shares of the business.
Sacco Tracey sold 6,500 shares of SRRK for $215,014 on Mar 24 ’25. The Chief Commercial Officer now owns 71,750 shares after completing the transaction at $33.08 per share. On Mar 24 ’25, another insider, Moore Erin, who serves as the Interim PFO and PAO of the company, sold 13,564 shares for $33.12 each. As a result, the insider received 449,237 and left with 82,609 shares of the company.
Stock Price History:
Over the past 52 weeks, SRRK has reached a high of $46.98, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is -10.04%, while the 200-Day Moving Average is calculated to be 4.63%.
Shares Statistics:
A total of 93.82M shares are outstanding, with a floating share count of 72.23M. Insiders hold about 23.85% of the company’s shares, while institutions hold 94.18% stake in the company.
