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After finishing at $24.81 in the prior trading day, Schrodinger Inc (NASDAQ: SDGR) closed at $24.04, down -3.10%. In other words, the price has decreased by -$3.10 from its previous closing price. On the day, 0.57 million shares were traded. SDGR stock price reached its highest trading level at $24.86 during the session, while it also had its lowest trading level at $24.02.
Ratios:
Our goal is to gain a better understanding of SDGR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.25 and its Current Ratio is at 4.25. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.20.
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:
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 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 1794025984 and an Enterprise Value of 1403226112. As of this moment, Schrodinger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.02 while its Price-to-Book (P/B) ratio in mrq is 3.16. Its current Enterprise Value per Revenue stands at 6.476 whereas that against EBITDA is -8.163.
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 -11.16%, while the 200-Day Moving Average is calculated to be -23.89%.
Shares Statistics:
The stock has traded on average 853.14K shares per day over the past 3-months and 562670 shares per day over the last 10 days, according to various share statistics. A total of 62.98M shares are outstanding, with a floating share count of 61.60M. Insiders hold about 14.81% of the company’s shares, while institutions hold 79.90% stake in the company. Shares short for SDGR as of 1711584000 were 6236495 with a Short Ratio of 7.31, compared to 1709164800 on 5411329. Therefore, it implies a Short% of Shares Outstanding of 6236495 and a Short% of Float of 11.41.
