For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, SpringWorks Therapeutics Inc’s stock clocked out at $41.63, down -0.57% from its previous closing price of $41.87. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 0.56 million shares were traded. SWTX stock price reached its highest trading level at $42.5114 during the session, while it also had its lowest trading level at $41.12.
Ratios:
To gain a deeper understanding of SWTX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.02 and its Current Ratio is at 6.16. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Evercore ISI on November 20, 2024, initiated with a Outperform rating and assigned the stock a target price of $60.
On February 05, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $75.
On December 01, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $45.BofA Securities initiated its Buy rating on December 01, 2022, with a $45 target price.
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 Dec 03 ’24 when Edris Badreddin sold 20,000 shares for $41.97 per share. The transaction valued at 839,336 led to the insider holds 209,600 shares of the business.
Islam Saqib sold 49,000 shares of SWTX for $2,027,357 on Dec 02 ’24. The Chief Executive Officer now owns 1,014,368 shares after completing the transaction at $41.37 per share. On Sep 03 ’24, another insider, Islam Saqib, who serves as the Chief Executive Officer of the company, sold 49,000 shares for $40.57 each. As a result, the insider received 1,988,033 and left with 1,063,368 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, SWTX now has a Market Capitalization of 3114556928 and an Enterprise Value of 2726113536. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.86 while its Price-to-Book (P/B) ratio in mrq is 5.81. Its current Enterprise Value per Revenue stands at 20.121 whereas that against EBITDA is -9.328.
Stock Price History:
Over the past 52 weeks, SWTX has reached a high of $53.92, while it has fallen to a 52-week low of $28.21. The 50-Day Moving Average of the stock is 21.22%, while the 200-Day Moving Average is calculated to be 5.21%.
Shares Statistics:
It appears that SWTX traded 1.09M shares on average per day over the past three months and 885610 shares per day over the past ten days. A total of 74.34M shares are outstanding, with a floating share count of 65.86M. Insiders hold about 11.46% of the company’s shares, while institutions hold 101.85% stake in the company. Shares short for SWTX as of 1732838400 were 11867683 with a Short Ratio of 11.24, compared to 1730332800 on 11625524. Therefore, it implies a Short% of Shares Outstanding of 11867683 and a Short% of Float of 19.299999.
