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After finishing at $3.49 in the prior trading day, Shattuck Labs Inc (NASDAQ: STTK) closed at $1.92, down -44.99%. In other words, the price has decreased by -$44.99 from its previous closing price. On the day, 11.86 million shares were traded. STTK stock price reached its highest trading level at $2.24 during the session, while it also had its lowest trading level at $1.37.
Ratios:
Our goal is to gain a better understanding of STTK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.62 and its Current Ratio is at 7.62. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
On August 31, 2022, BTIG Research started tracking the stock assigning a Buy rating and target price of $12.BTIG Research initiated its Buy rating on August 31, 2022, with a $12 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 Jun 27 ’24 when Brous Tyler bought 5,416 shares for $3.89 per share. The transaction valued at 21,068 led to the insider holds 235,088 shares of the business.
Brous Tyler bought 3,000 shares of STTK for $11,700 on Jun 28 ’24. The Director now owns 238,088 shares after completing the transaction at $3.90 per share. On Jun 26 ’24, another insider, Schreiber Taylor, who serves as the Chief Executive Officer of the company, bought 14,400 shares for $3.47 each. As a result, the insider paid 50,011 and bolstered with 34,502 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, STTK now has a Market Capitalization of 91636416 and an Enterprise Value of -9888644. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.24 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at -2.398 whereas that against EBITDA is 0.115.
Stock Price History:
Over the past 52 weeks, STTK has reached a high of $11.76, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -47.01%, while the 200-Day Moving Average is calculated to be -72.31%.
Shares Statistics:
The stock has traded on average 233.39K shares per day over the past 3-months and 1333280 shares per day over the last 10 days, according to various share statistics. A total of 47.26M shares are outstanding, with a floating share count of 41.32M. Insiders hold about 13.43% of the company’s shares, while institutions hold 71.99% stake in the company. Shares short for STTK as of 1726185600 were 5486108 with a Short Ratio of 23.51, compared to 1723680000 on 5313921. Therefore, it implies a Short% of Shares Outstanding of 5486108 and a Short% of Float of 17.27.
