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As of close of business last night, Silk Road Medical Inc’s stock clocked out at $27.11, down -0.04% from its previous closing price of $27.12. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 0.87 million shares were traded. SILK stock price reached its highest trading level at $27.15 during the session, while it also had its lowest trading level at $27.04.
Ratios:
To gain a deeper understanding of SILK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.69 and its Current Ratio is at 7.63. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.53.
On March 07, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $24.
Stifel Upgraded its Hold to Buy on January 19, 2024, whereas the target price for the stock was revised from $9 to $20.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 03 ’24 when Davis Andrew S. sold 66 shares for $27.00 per share. The transaction valued at 1,782 led to the insider holds 289,707 shares of the business.
Ballinger Kevin J. bought 11,700 shares of SILK for $198,783 on Mar 05 ’24. The Director now owns 17,807 shares after completing the transaction at $16.99 per share. On Mar 05 ’24, another insider, Buchanan Lucas W., who serves as the COO/CFO of the company, sold 9,877 shares for $17.17 each. As a result, the insider received 169,578 and left with 500,925 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, SILK now has a Market Capitalization of 1101536256 and an Enterprise Value of 1014428736. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.75 while its Price-to-Book (P/B) ratio in mrq is 7.12. Its current Enterprise Value per Revenue stands at 5.299 whereas that against EBITDA is -17.626.
Stock Price History:
Over the past 52 weeks, SILK has reached a high of $27.23, while it has fallen to a 52-week low of $6.08. The 50-Day Moving Average of the stock is 4.55%, while the 200-Day Moving Average is calculated to be 52.83%.
Shares Statistics:
It appears that SILK traded 1.81M shares on average per day over the past three months and 1653340 shares per day over the past ten days. A total of 39.17M shares are outstanding, with a floating share count of 38.02M. Insiders hold about 6.44% of the company’s shares, while institutions hold 92.74% stake in the company. Shares short for SILK as of 1722384000 were 2569593 with a Short Ratio of 1.42, compared to 1719532800 on 2076559. Therefore, it implies a Short% of Shares Outstanding of 2569593 and a Short% of Float of 6.419999999999999.
