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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.25 million shares were traded. IRWD stock price reached its highest trading level at $8.23 during the session, while it also had its lowest trading level at $8.02.
Ratios:
We take a closer look at IRWD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.84.
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, Craig Hallum on January 17, 2024, initiated with a Buy rating and assigned the stock a target price of $21.
On December 14, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $20.
On November 09, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $21.Jefferies initiated its Buy rating on November 09, 2023, with a $21 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Duane Jon R bought 6,920 shares for $8.70 per share. The transaction valued at 60,204 led to the insider holds 121,028 shares of the business.
Emany Sravan Kumar bought 10,684 shares of IRWD for $100,216 on Mar 04 ’24. The SVP, Chief Financial Officer now owns 301,733 shares after completing the transaction at $9.38 per share. On Feb 12 ’24, another insider, MCCOURT Thomas A, who serves as the Chief Executive Officer of the company, sold 177,164 shares for $15.24 each. As a result, the insider received 2,699,979 and left with 832,774 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, IRWD now has a Market Capitalization of 1290730752 and an Enterprise Value of 1894396672. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.92. Its current Enterprise Value per Revenue stands at 4.279 whereas that against EBITDA is 11.149.
Stock Price History:
Over the past 52 weeks, IRWD has reached a high of $15.70, while it has fallen to a 52-week low of $7.53. The 50-Day Moving Average of the stock is -6.31%, while the 200-Day Moving Average is calculated to be -20.88%.
Shares Statistics:
According to the various share statistics, IRWD traded on average about 4.51M shares per day over the past 3-months and 2434530 shares per day over the past 10 days. A total of 156.35M shares are outstanding, with a floating share count of 153.96M. Insiders hold about 3.15% of the company’s shares, while institutions hold 102.52% stake in the company. Shares short for IRWD as of 1713139200 were 21155563 with a Short Ratio of 4.69, compared to 1710460800 on 18774881. Therefore, it implies a Short% of Shares Outstanding of 21155563 and a Short% of Float of 25.89.
