Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Solid Biosciences Inc (NASDAQ: SLDB) closed at $5.29 in the last session, down -5.20% from day before closing price of $5.58. In other words, the price has decreased by -$5.20 from its previous closing price. On the day, 1.69 million shares were traded.
Ratios:
We take a closer look at SLDB’s different ratios to gain a better understanding of the stock. 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, Truist on January 08, 2025, initiated with a Buy rating and assigned the stock a target price of $16.
On December 13, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $16.
On December 10, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $15.JMP Securities initiated its Mkt Outperform rating on December 10, 2024, with a $15 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 Feb 19 ’25 when Bain Capital Life Sciences Inv bought 1,000,000 shares for $4.03 per share. The transaction valued at 4,030,000 led to the insider holds 5,034,582 shares of the business.
PERCEPTIVE ADVISORS LLC bought 5,000,000 shares of SLDB for $20,150,000 on Feb 19 ’25. The Director now owns 11,833,539 shares after completing the transaction at $4.03 per share. On Feb 18 ’25, another insider, Adage Capital Management, L.P., who serves as the 10% Owner of the company, bought 252,545 shares for $7.56 each. As a result, the insider paid 1,909,240 and bolstered with 4,248,084 shares of the company.
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 $2.88. The 50-Day Moving Average of the stock is 34.00%, while the 200-Day Moving Average is calculated to be -18.25%.
Shares Statistics:
A total of 76.32M shares are outstanding, with a floating share count of 60.55M. Insiders hold about 20.66% of the company’s shares, while institutions hold 47.31% stake in the company.
Earnings Estimates
As of right now, 9.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.55, with high estimates of -$0.36 and low estimates of -$0.74.
Analysts are recommending an EPS of between -$2.13 and -$3.95 for the fiscal current year, implying an average EPS of -$2.9. EPS for the following year is -$2.19, with 9.0 analysts recommending between -$1.43 and -$3.02.
