Market Momentum Report: Ironwood Pharmaceuticals Inc (IRWD)’s Positive Close at 4.61

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The price of Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) closed at $4.61 in the last session, up 0.44% from day before closing price of $4.59. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.82 million shares were traded. IRWD stock price reached its highest trading level at $4.7 during the session, while it also had its lowest trading level at $4.555.

Ratios:

We take a closer look at IRWD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.98. For the most recent quarter (mrq), Quick Ratio is recorded 3.62 and its Current Ratio is at 3.62.

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, Leerink Partners on September 09, 2024, initiated with a Market Perform rating and assigned the stock a target price of $5.

On August 08, 2024, CapitalOne Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $12 to $4.

On January 17, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $21.Craig Hallum initiated its Buy rating on January 17, 2024, with a $21 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 18 ’24 when Davis Andrew sold 5,360 shares for $4.08 per share. The transaction valued at 21,869 led to the insider holds 284,685 shares of the business.

Emany Sravan Kumar sold 11,001 shares of IRWD for $44,884 on Nov 18 ’24. The SVP, COO and CFO now owns 309,572 shares after completing the transaction at $4.08 per share. On Nov 18 ’24, another insider, Davis Andrew, who serves as the Officer of the company, bought 6,090 shares for $4.11 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 737729088 and an Enterprise Value of 1091561216. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96. Its current Enterprise Value per Revenue stands at 2.885 whereas that against EBITDA is 11.207.

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 $3.06. The 50-Day Moving Average of the stock is 15.32%, while the 200-Day Moving Average is calculated to be -19.48%.

Shares Statistics:

According to the various share statistics, IRWD traded on average about 1.76M shares per day over the past 3-months and 3410030 shares per day over the past 10 days. A total of 160.02M shares are outstanding, with a floating share count of 155.77M. Insiders hold about 2.66% of the company’s shares, while institutions hold 103.18% stake in the company. Shares short for IRWD as of 1732838400 were 11218535 with a Short Ratio of 6.88, compared to 1730332800 on 10956401. Therefore, it implies a Short% of Shares Outstanding of 11218535 and a Short% of Float of 13.55.

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