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The closing price of Schrodinger Inc (NASDAQ: SDGR) was $24.05 for the day, up 1.56% from the previous closing price of $23.68. In other words, the price has increased by $1.56 from its previous closing price. On the day, 0.7 million shares were traded. SDGR stock price reached its highest trading level at $24.645 during the session, while it also had its lowest trading level at $23.56.
Ratios:
Our analysis of SDGR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.64 and its Current Ratio is at 4.64. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.21.
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, KeyBanc Capital Markets on December 05, 2023, initiated with a Overweight rating and assigned the stock a target price of $38.
On December 19, 2022, Goldman started tracking the stock assigning a Neutral rating and target price of $23.Goldman initiated its Neutral rating on December 19, 2022, with a $23 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 04 ’24 when Porges Geoffrey Craig sold 3,315 shares for $26.35 per share. The transaction valued at 87,360 led to the insider holds 5,685 shares of the business.
Abel Robert Lorne sold 1,205 shares of SDGR for $33,198 on Feb 12 ’24. The insider now owns 9,340 shares after completing the transaction at $27.55 per share. On Feb 12 ’24, another insider, Lorton Kenneth Patrick, who serves as the EVP, CTO & COO, Software of the company, sold 901 shares for $28.29 each. As a result, the insider received 25,489 and left with 36,487 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, SDGR now has a Market Capitalization of 1721046784 and an Enterprise Value of 1442775296. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.27 while its Price-to-Book (P/B) ratio in mrq is 3.40. Its current Enterprise Value per Revenue stands at 7.655 whereas that against EBITDA is -6.898.
Stock Price History:
Over the past 52 weeks, SDGR has reached a high of $59.24, while it has fallen to a 52-week low of $20.76. The 50-Day Moving Average of the stock is -8.07%, while the 200-Day Moving Average is calculated to be -20.87%.
Shares Statistics:
SDGR traded an average of 914.91K shares per day over the past three months and 969980 shares per day over the past ten days. A total of 62.98M shares are outstanding, with a floating share count of 61.96M. Insiders hold about 14.75% of the company’s shares, while institutions hold 79.18% stake in the company. Shares short for SDGR as of 1713139200 were 6420737 with a Short Ratio of 7.02, compared to 1710460800 on 5923127. Therefore, it implies a Short% of Shares Outstanding of 6420737 and a Short% of Float of 16.259999999999998.
