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Solid Biosciences Inc (NASDAQ: SLDB) closed the day trading at $4.16 up 3.74% from the previous closing price of $4.01. In other words, the price has increased by $3.74 from its previous closing price. On the day, 0.9 million shares were traded. SLDB stock price reached its highest trading level at $4.33 during the session, while it also had its lowest trading level at $3.9.
Ratios:
For a better understanding of SLDB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.85 and its Current Ratio is at 7.85. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.13.
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, Wedbush on December 13, 2024, initiated with a Outperform rating and assigned the stock a target price of $16.
On December 10, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $15.
JP Morgan Upgraded its Neutral to Overweight on July 15, 2024, whereas the target price for the stock was revised from $10 to $15.
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 Dec 03 ’24 when Hanrahan Jessie sold 4,610 shares for $5.60 per share. The transaction valued at 25,822 led to the insider holds 14,235 shares of the business.
Howton David T bought 5,072 shares of SLDB for $28,396 on Dec 03 ’24. On Dec 03 ’24, another insider, Cumbo Alexander, who serves as the President and CEO of the company, sold 11,114 shares for $5.60 each. As a result, the insider received 62,236 and left with 38,484 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, SLDB now has a Market Capitalization of 166211136 and an Enterprise Value of 19813166.
Stock Price History:
Over the past 52 weeks, SLDB has reached a high of $15.05, while it has fallen to a 52-week low of $3.93. The 50-Day Moving Average of the stock is -23.87%, while the 200-Day Moving Average is calculated to be -48.12%.
Shares Statistics:
Over the past 3-months, SLDB traded about 298.43K shares per day on average, while over the past 10 days, SLDB traded about 337670 shares per day. A total of 38.93M shares are outstanding, with a floating share count of 32.78M. Insiders hold about 17.96% of the company’s shares, while institutions hold 72.97% stake in the company. Shares short for SLDB as of 1732838400 were 1549971 with a Short Ratio of 5.19, compared to 1730332800 on 1482450. Therefore, it implies a Short% of Shares Outstanding of 1549971 and a Short% of Float of 7.739999999999999.
