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The closing price of Schrodinger Inc (NASDAQ: SDGR) was $18.44 for the day, down -2.49% from the previous closing price of $18.91. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 0.51 million shares were traded. SDGR stock price reached its highest trading level at $18.89 during the session, while it also had its lowest trading level at $18.39.
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 4.50 and its Current Ratio is at 4.50. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.23.
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, Leerink Partners on July 02, 2024, initiated with a Outperform rating and assigned the stock a target price of $29.
On December 05, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $38.
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.
Tran Yvonne sold 758 shares of SDGR for $21,444 on Feb 12 ’24. The EVP, CLO & CPO now owns 11,963 shares after completing the transaction at $28.29 per share. On Feb 12 ’24, another insider, Abel Robert Lorne, who serves as the insider of the company, sold 1,205 shares for $27.55 each. As a result, the insider received 33,198 and left with 9,340 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 1342367488 and an Enterprise Value of 1089008128. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.69 while its Price-to-Book (P/B) ratio in mrq is 2.83. Its current Enterprise Value per Revenue stands at 5.428 whereas that against EBITDA is -5.431.
Stock Price History:
Over the past 52 weeks, SDGR has reached a high of $38.00, while it has fallen to a 52-week low of $18.02. The 50-Day Moving Average of the stock is -10.59%, while the 200-Day Moving Average is calculated to be -25.47%.
Shares Statistics:
SDGR traded an average of 666.86K shares per day over the past three months and 669770 shares per day over the past ten days. A total of 62.98M shares are outstanding, with a floating share count of 62.04M. Insiders hold about 14.78% of the company’s shares, while institutions hold 83.84% stake in the company. Shares short for SDGR as of 1724976000 were 8733835 with a Short Ratio of 13.13, compared to 1722384000 on 7988700. Therefore, it implies a Short% of Shares Outstanding of 8733835 and a Short% of Float of 22.03.
