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Sarepta Therapeutics Inc (NASDAQ: SRPT) closed the day trading at $124.65 down -0.55% from the previous closing price of $125.34. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 1.24 million shares were traded. SRPT stock price reached its highest trading level at $125.95 during the session, while it also had its lowest trading level at $120.42.
Ratios:
For a better understanding of SRPT, let’s look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 11887410176 and an Enterprise Value of 11813983232. As of this moment, Sarepta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 308.16, and their Forward P/E ratio for the next fiscal year is 11.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.90 while its Price-to-Book (P/B) ratio in mrq is 11.03. Its current Enterprise Value per Revenue stands at 7.85 whereas that against EBITDA is 151.948.
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 -11.39%, while the 200-Day Moving Average is calculated to be -0.54%.
Shares Statistics:
Over the past 3-months, SRPT traded about 1.48M shares per day on average, while over the past 10 days, SRPT traded about 829960 shares per day. 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 92.49% stake in the company. Shares short for SRPT as of 1724976000 were 6530777 with a Short Ratio of 4.41, compared to 1722384000 on 6718034. Therefore, it implies a Short% of Shares Outstanding of 6530777 and a Short% of Float of 7.16.
