Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Scholar Rock Holding Corp (NASDAQ: SRRK) was $42.34 for the day, down -0.47% from the previous closing price of $42.54. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 0.6 million shares were traded. SRRK stock price reached its highest trading level at $42.86 during the session, while it also had its lowest trading level at $40.91.
Ratios:
Our analysis of SRRK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.88 and its Current Ratio is at 3.88. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.76.
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:
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 Jan 16 ’25 when Backstrom Jay T. sold 22,308 shares for $44.20 per share. The transaction valued at 985,951 led to the insider holds 330,363 shares of the business.
Marantz Jing L. sold 5,655 shares of SRRK for $249,935 on Jan 16 ’25. The CHIEF MEDICAL OFFICER now owns 67,200 shares after completing the transaction at $44.20 per share. On Jan 16 ’25, another insider, Sacco Tracey, who serves as the Chief Commercial Officer of the company, sold 3,890 shares for $44.20 each. As a result, the insider received 171,927 and left with 45,395 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, SRRK now has a Market Capitalization of 3963659008 and an Enterprise Value of 3891197952.
Stock Price History:
The Beta on a monthly basis for SRRK is 0.52, which has changed by 2.0494623 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. 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 5.49%, while the 200-Day Moving Average is calculated to be 110.05%.
Shares Statistics:
SRRK traded an average of 1.07M shares per day over the past three months and 1084090 shares per day over the past ten days. A total of 80.08M shares are outstanding, with a floating share count of 71.22M. Insiders hold about 23.93% of the company’s shares, while institutions hold 70.77% stake in the company. Shares short for SRRK as of 1736899200 were 15655815 with a Short Ratio of 14.63, compared to 1734048000 on 15072375. Therefore, it implies a Short% of Shares Outstanding of 15655815 and a Short% of Float of 30.95.
