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After finishing at $6.81 in the prior trading day, Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) closed at $6.52, down -4.26%. In other words, the price has decreased by -$4.26 from its previous closing price. On the day, 3.76 million shares were traded. IRWD stock price reached its highest trading level at $6.86 during the session, while it also had its lowest trading level at $6.5.
Ratios:
Our goal is to gain a better understanding of IRWD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.82.
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, Craig Hallum on January 17, 2024, initiated with a Buy rating and assigned the stock a target price of $21.
On December 14, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $20.
On November 09, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $21.Jefferies initiated its Buy rating on November 09, 2023, with a $21 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 May 20 ’24 when MCCOURT Thomas A sold 67,618 shares for $6.45 per share. The transaction valued at 436,136 led to the insider holds 1,150,330 shares of the business.
Davis Andrew sold 22,725 shares of IRWD for $146,576 on May 20 ’24. The SVP, Chief Business Officer now owns 288,031 shares after completing the transaction at $6.45 per share. On May 20 ’24, another insider, John Minardo, who serves as the Chief Legal Officer of the company, sold 17,404 shares for $6.45 each. As a result, the insider received 112,256 and left with 294,571 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, IRWD now has a Market Capitalization of 1082496128 and an Enterprise Value of 1605283456. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51. Its current Enterprise Value per Revenue stands at 3.882 whereas that against EBITDA is 13.212.
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 $5.76. The 50-Day Moving Average of the stock is -13.58%, while the 200-Day Moving Average is calculated to be -34.14%.
Shares Statistics:
The stock has traded on average 3.68M shares per day over the past 3-months and 2460070 shares per day over the last 10 days, according to various share statistics. A total of 156.35M shares are outstanding, with a floating share count of 154.82M. Insiders hold about 2.60% of the company’s shares, while institutions hold 110.04% stake in the company. Shares short for IRWD as of 1715731200 were 22484832 with a Short Ratio of 6.11, compared to 1713139200 on 21155563. Therefore, it implies a Short% of Shares Outstanding of 22484832 and a Short% of Float of 27.51.
