Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Erasca Inc (NASDAQ: ERAS) closed at $1.16 down -4.13% from its previous closing price of $1.21. In other words, the price has decreased by -$4.13 from its previous closing price. On the day, 3.21 million shares were traded. ERAS stock price reached its highest trading level at $1.205 during the session, while it also had its lowest trading level at $1.09.
Ratios:
For a deeper understanding of Erasca Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.84 and its Current Ratio is at 9.84. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.
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, Raymond James on March 26, 2025, initiated with a Outperform rating and assigned the stock a target price of $5.
On November 18, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $6.
On March 11, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $8.CapitalOne initiated its Overweight rating on March 11, 2024, with a $8 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 17 ’25 when Erasca Foundation bought 8,333 shares for $1.40 per share.
Erasca Foundation bought 8,333 shares of ERAS for $12,752 on Feb 18 ’25. On Jan 15 ’25, another insider, Erasca Foundation, who serves as the Affiliate of the company, bought 8,333 shares for $1.94 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ERAS now has a Market Capitalization of 328588544 and an Enterprise Value of 82168232.
Stock Price History:
The Beta on a monthly basis for ERAS is 1.15, which has changed by -0.48214287 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, ERAS has reached a high of $3.45, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -23.98%, while the 200-Day Moving Average is calculated to be -51.75%.
Shares Statistics:
For the past three months, ERAS has traded an average of 1.54M shares per day and 1959180 over the past ten days. A total of 283.22M shares are outstanding, with a floating share count of 163.76M. Insiders hold about 42.19% of the company’s shares, while institutions hold 55.78% stake in the company. Shares short for ERAS as of 1741910400 were 33096383 with a Short Ratio of 21.47, compared to 1739491200 on 34521335. Therefore, it implies a Short% of Shares Outstanding of 33096383 and a Short% of Float of 13.270001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
