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The price of Scholar Rock Holding Corp (NASDAQ: SRRK) closed at $8.64 in the last session, down -0.35% from day before closing price of $8.67. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 1.55 million shares were traded. SRRK stock price reached its highest trading level at $9.0 during the session, while it also had its lowest trading level at $8.315.
Ratios:
We take a closer look at SRRK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.04 and its Current Ratio is at 6.04. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.45.
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, Raymond James on March 28, 2024, initiated with a Strong Buy rating and assigned the stock a target price of $30.
On October 25, 2023, Jefferies Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $20.
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 Sep 16 ’24 when Qatanani Mo sold 1,936 shares for $8.58 per share. The transaction valued at 16,611 led to the insider holds 142,768 shares of the business.
Parlavecchio Caryn sold 1,451 shares of SRRK for $13,538 on Aug 16 ’24. The CHRO now owns 151,988 shares after completing the transaction at $9.33 per share. On Jun 17 ’24, another insider, Qatanani Mo, who serves as the CHIEF SCIENTIFIC OFFICER of the company, sold 2,315 shares for $8.98 each. As a result, the insider received 20,800 and left with 144,704 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, SRRK now has a Market Capitalization of 691481664 and an Enterprise Value of 571432832.
Stock Price History:
Over the past 52 weeks, SRRK has reached a high of $21.17, while it has fallen to a 52-week low of $6.18. The 50-Day Moving Average of the stock is -3.15%, while the 200-Day Moving Average is calculated to be -32.61%.
Shares Statistics:
According to the various share statistics, SRRK traded on average about 751.97K shares per day over the past 3-months and 992690 shares per day over the past 10 days. A total of 75.98M shares are outstanding, with a floating share count of 65.38M. Insiders hold about 18.30% of the company’s shares, while institutions hold 95.23% stake in the company. Shares short for SRRK as of 1724976000 were 15907207 with a Short Ratio of 21.15, compared to 1722384000 on 14439769. Therefore, it implies a Short% of Shares Outstanding of 15907207 and a Short% of Float of 42.990002.
