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As of close of business last night, Ironwood Pharmaceuticals Inc’s stock clocked out at $4.32, down -2.92% from its previous closing price of $4.45. In other words, the price has decreased by -$2.92 from its previous closing price. On the day, 1.24 million shares were traded. IRWD stock price reached its highest trading level at $4.52 during the session, while it also had its lowest trading level at $4.3.
Ratios:
To gain a deeper understanding of IRWD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.71. For the most recent quarter (mrq), Quick Ratio is recorded 3.92 and its Current Ratio is at 3.92.
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 the company, CapitalOne on August 08, 2024, Downgraded its rating to Equal Weight and sets its target price to $4 from $12 previously.
On January 17, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $21.
On December 14, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $20.Wells Fargo initiated its Overweight rating on December 14, 2023, with a $20 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 Aug 12 ’24 when John Minardo sold 9,910 shares for $4.27 per share. The transaction valued at 42,316 led to the insider holds 284,661 shares of the business.
Silver Ronald sold 3,107 shares of IRWD for $13,267 on Aug 12 ’24. The Principal Accounting Officer now owns 158,370 shares after completing the transaction at $4.27 per share. On Aug 12 ’24, another insider, John Minardo, who serves as the Officer of the company, bought 11,726 shares for $4.05 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IRWD now has a Market Capitalization of 690072512 and an Enterprise Value of 1224804480. As of this moment, Ironwood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 100.00, and their Forward P/E ratio for the next fiscal year is 8.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72. Its current Enterprise Value per Revenue stands at 3.058 whereas that against EBITDA is 10.093.
Stock Price History:
Over the past 52 weeks, IRWD has reached a high of $15.70, while it has fallen to a 52-week low of $3.79. The 50-Day Moving Average of the stock is -29.91%, while the 200-Day Moving Average is calculated to be -52.65%.
Shares Statistics:
It appears that IRWD traded 2.39M shares on average per day over the past three months and 3258900 shares per day over the past ten days. A total of 156.35M shares are outstanding, with a floating share count of 155.43M. Insiders hold about 2.62% of the company’s shares, while institutions hold 108.89% stake in the company. Shares short for IRWD as of 1722384000 were 15801855 with a Short Ratio of 6.62, compared to 1719532800 on 18066401. Therefore, it implies a Short% of Shares Outstanding of 15801855 and a Short% of Float of 19.15.
