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After finishing at $32.64 in the prior trading day, SpringWorks Therapeutics Inc (NASDAQ: SWTX) closed at $32.27, down -1.13%. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 1.07 million shares were traded. SWTX stock price reached its highest trading level at $33.185 during the session, while it also had its lowest trading level at $31.98.
Ratios:
Our goal is to gain a better understanding of SWTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.77 and its Current Ratio is at 7.91. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Guggenheim on February 05, 2024, initiated with a Buy rating and assigned the stock a target price of $75.
On December 01, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $45.
H.C. Wainwright reiterated its Buy rating for the stock on January 19, 2021, while the target price for the stock was revised from $87 to $101.
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 Sep 03 ’24 when Islam Saqib sold 49,000 shares for $40.57 per share. The transaction valued at 1,988,033 led to the insider holds 1,063,368 shares of the business.
Edris Badreddin sold 20,000 shares of SWTX for $812,954 on Sep 03 ’24. The Chief Operating Officer now owns 229,600 shares after completing the transaction at $40.65 per share. On Sep 03 ’24, another insider, Badreddin Edris, who serves as the Officer of the company, bought 50,000 shares for $41.78 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SWTX now has a Market Capitalization of 2424270848 and an Enterprise Value of 2018765952. For the stock, the TTM Price-to-Sale (P/S) ratio is 27.81 while its Price-to-Book (P/B) ratio in mrq is 4.30. Its current Enterprise Value per Revenue stands at 23.423 whereas that against EBITDA is -6.334.
Stock Price History:
Over the past 52 weeks, SWTX has reached a high of $53.92, while it has fallen to a 52-week low of $18.00. The 50-Day Moving Average of the stock is -11.69%, while the 200-Day Moving Average is calculated to be -21.99%.
Shares Statistics:
The stock has traded on average 895.19K shares per day over the past 3-months and 987570 shares per day over the last 10 days, according to various share statistics. A total of 73.49M shares are outstanding, with a floating share count of 66.98M. Insiders hold about 9.82% of the company’s shares, while institutions hold 99.11% stake in the company. Shares short for SWTX as of 1726185600 were 13700105 with a Short Ratio of 15.30, compared to 1723680000 on 13296104. Therefore, it implies a Short% of Shares Outstanding of 13700105 and a Short% of Float of 22.33.
