Closing Strong: Stoneridge Inc (SRI) Ends at 5.75, Down -1.20 from Last Close

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

After finishing at $5.82 in the prior trading day, Stoneridge Inc (NYSE: SRI) closed at $5.75, down -1.20%. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 0.63 million shares were traded. SRI stock price reached its highest trading level at $5.93 during the session, while it also had its lowest trading level at $5.52.

Ratios:

Our goal is to gain a better understanding of SRI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.65. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.75.

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:

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 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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SRI now has a Market Capitalization of 159206576 and an Enterprise Value of 308609408. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.336 whereas that against EBITDA is 6.603.

Stock Price History:

Over the past 52 weeks, SRI has reached a high of $19.91, while it has fallen to a 52-week low of $5.76. The 50-Day Moving Average of the stock is -24.12%, while the 200-Day Moving Average is calculated to be -56.51%.

Shares Statistics:

The stock has traded on average 322.31K shares per day over the past 3-months and 374480 shares per day over the last 10 days, according to various share statistics. A total of 27.69M shares are outstanding, with a floating share count of 26.99M. Insiders hold about 2.53% of the company’s shares, while institutions hold 96.40% stake in the company. Shares short for SRI as of 1732838400 were 252067 with a Short Ratio of 0.78, compared to 1730332800 on 304858. Therefore, it implies a Short% of Shares Outstanding of 252067 and a Short% of Float of 1.05.

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