Financial Fitness Check: Examining Scholar Rock Holding Corp (SRRK)’s Key Ratios

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In the latest session, Scholar Rock Holding Corp (NASDAQ: SRRK) closed at $8.30 down -2.24% from its previous closing price of $8.49. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 1.38 million shares were traded. SRRK stock price reached its highest trading level at $8.47 during the session, while it also had its lowest trading level at $7.95.

Ratios:

For a deeper understanding of Scholar Rock Holding Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.58 and its Current Ratio is at 6.58. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.26.

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, Raymond James on March 28, 2024, initiated with a Strong Buy rating and assigned the stock a target price of $30.

On October 25, 2023, Jefferies Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $20.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 17 ’24 when Myles Edward H sold 9,458 shares for $8.98 per share. The transaction valued at 84,978 led to the insider holds 201,518 shares of the business.

Ho Junlin sold 4,695 shares of SRRK for $42,183 on Jun 17 ’24. The GENERAL COUNSEL now owns 204,076 shares after completing the transaction at $8.98 per share. On Jun 17 ’24, another insider, Parlavecchio Caryn, who serves as the CHRO of the company, sold 4,305 shares for $8.98 each. As a result, the insider received 38,680 and left with 153,439 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 678010432 and an Enterprise Value of 483652736.

Stock Price History:

The Beta on a monthly basis for SRRK is 0.85, which has changed by -0.07572383 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, SRRK has reached a high of $21.17, while it has fallen to a 52-week low of $5.93. The 50-Day Moving Average of the stock is -33.22%, while the 200-Day Moving Average is calculated to be -35.80%.

Shares Statistics:

For the past three months, SRRK has traded an average of 858.88K shares per day and 953140 over the past ten days. A total of 75.98M shares are outstanding, with a floating share count of 63.93M. Insiders hold about 19.84% of the company’s shares, while institutions hold 92.88% stake in the company. Shares short for SRRK as of 1715731200 were 13325388 with a Short Ratio of 16.30, compared to 1713139200 on 12687428. Therefore, it implies a Short% of Shares Outstanding of 13325388 and a Short% of Float of 36.290002.

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