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In the latest session, Sarepta Therapeutics Inc (NASDAQ: SRPT) closed at $118.76 down -3.07% from its previous closing price of $122.52. In other words, the price has decreased by -$3.07 from its previous closing price. On the day, 1.38 million shares were traded. SRPT stock price reached its highest trading level at $122.22 during the session, while it also had its lowest trading level at $118.27.
Ratios:
For a deeper understanding of Sarepta Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.19 and its Current Ratio is at 3.90. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.19.
On June 26, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $172 to $176.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $157.Piper Sandler initiated its Overweight rating on May 31, 2024, with a $157 target price.
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 Aug 30 ’24 when Estepan Ian Michael sold 5,985 shares for $137.36 per share. The transaction valued at 822,100 led to the insider holds 33,946 shares of the business.
Estepan Ian Michael bought 5,985 shares of SRPT for $822,130 on Aug 30 ’24. On Aug 16 ’24, another insider, Chambers Michael Andrew, who serves as the Director of the company, bought 37,038 shares for $133.80 each. As a result, the insider paid 4,955,728 and bolstered with 284,034 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, SRPT now has a Market Capitalization of 11684285440 and an Enterprise Value of 11252276224. As of this moment, Sarepta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 293.60, and their Forward P/E ratio for the next fiscal year is 10.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.53 while its Price-to-Book (P/B) ratio in mrq is 10.51. Its current Enterprise Value per Revenue stands at 7.477 whereas that against EBITDA is 144.724.
Stock Price History:
Over the past 52 weeks, SRPT has reached a high of $173.25, while it has fallen to a 52-week low of $55.25. The 50-Day Moving Average of the stock is -11.23%, while the 200-Day Moving Average is calculated to be -7.23%.
Shares Statistics:
For the past three months, SRPT has traded an average of 1.02M shares per day and 805120 over the past ten days. A total of 93.73M shares are outstanding, with a floating share count of 89.52M. Insiders hold about 6.13% of the company’s shares, while institutions hold 92.32% stake in the company. Shares short for SRPT as of 1726185600 were 6146823 with a Short Ratio of 6.03, compared to 1723680000 on 6730587. Therefore, it implies a Short% of Shares Outstanding of 6146823 and a Short% of Float of 6.74.
