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The closing price of Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) was $6.22 for the day, down -4.60% from the previous closing price of $6.52. In other words, the price has decreased by -$4.60 from its previous closing price. On the day, 1.16 million shares were traded. IRWD stock price reached its highest trading level at $6.54 during the session, while it also had its lowest trading level at $6.215.
Ratios:
Our analysis of IRWD’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 8.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.82.
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, Craig Hallum on January 17, 2024, initiated with a Buy rating and assigned the stock a target price of $21.
On December 14, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $20.
On November 09, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $21.Jefferies initiated its Buy rating on November 09, 2023, with a $21 target price.
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 Jun 10 ’24 when McHugh Julie sold 22,766 shares for $6.29 per share. The transaction valued at 143,198 led to the insider holds 139,528 shares of the business.
Moukheibir Catherine sold 35,574 shares of IRWD for $235,144 on Jun 07 ’24. The Director now owns 48,633 shares after completing the transaction at $6.61 per share. On Jun 06 ’24, another insider, Moukheibir Catherine, who serves as the Director of the company, sold 44,426 shares for $6.36 each. As a result, the insider received 282,549 and left with 84,207 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, IRWD now has a Market Capitalization of 1036401216 and an Enterprise Value of 1557596288. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39. Its current Enterprise Value per Revenue stands at 3.766 whereas that against EBITDA is 10.454.
Stock Price History:
The Beta on a monthly basis for IRWD is 0.52, which has changed by -0.40421456 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, IRWD has reached a high of $15.70, while it has fallen to a 52-week low of $5.47. The 50-Day Moving Average of the stock is -8.56%, while the 200-Day Moving Average is calculated to be -35.40%.
Shares Statistics:
IRWD traded an average of 2.73M shares per day over the past three months and 3017490 shares per day over the past ten days. A total of 156.35M shares are outstanding, with a floating share count of 154.79M. Insiders hold about 2.62% of the company’s shares, while institutions hold 109.97% stake in the company. Shares short for IRWD as of 1718323200 were 20217993 with a Short Ratio of 7.41, compared to 1715731200 on 22484832. Therefore, it implies a Short% of Shares Outstanding of 20217993 and a Short% of Float of 24.740000000000002.
