Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Solid Biosciences Inc (NASDAQ: SLDB) closed the day trading at $3.92 down -4.39% from the previous closing price of $4.10. In other words, the price has decreased by -$4.39 from its previous closing price. On the day, 0.68 million shares were traded. SLDB stock price reached its highest trading level at $4.27 during the session, while it also had its lowest trading level at $3.9113.
Ratios:
For a better understanding of SLDB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.85 and its Current Ratio is at 7.85. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.13.
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, Wedbush on December 13, 2024, initiated with a Outperform rating and assigned the stock a target price of $16.
On December 10, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $15.
JP Morgan Upgraded its Neutral to Overweight on July 15, 2024, whereas the target price for the stock was revised from $10 to $15.
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 Jan 06 ’25 when Ganot Ilan sold 1,056 shares for $4.31 per share. The transaction valued at 4,551 led to the insider holds 11,445 shares of the business.
Hanrahan Jessie sold 4,610 shares of SLDB for $25,822 on Dec 03 ’24. The Chief Regulatory Officer now owns 14,235 shares after completing the transaction at $5.60 per share. On Dec 03 ’24, another insider, Howton David T, who serves as the Officer of the company, bought 5,072 shares for $5.60 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLDB now has a Market Capitalization of 156622032 and an Enterprise Value of 10224059.
Stock Price History:
Over the past 52 weeks, SLDB has reached a high of $15.05, while it has fallen to a 52-week low of $3.85. The 50-Day Moving Average of the stock is -22.46%, while the 200-Day Moving Average is calculated to be -48.40%.
Shares Statistics:
Over the past 3-months, SLDB traded about 335.17K shares per day on average, while over the past 10 days, SLDB traded about 409870 shares per day. A total of 38.93M shares are outstanding, with a floating share count of 32.78M. Insiders hold about 17.96% of the company’s shares, while institutions hold 72.98% stake in the company. Shares short for SLDB as of 1734048000 were 1757698 with a Short Ratio of 5.24, compared to 1731628800 on 1520460. Therefore, it implies a Short% of Shares Outstanding of 1757698 and a Short% of Float of 8.77.
