In the latest session, Scholar Rock Holding Corp (NASDAQ: SRRK) closed at $14.45 down -2.23% from its previous closing price of $14.78. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 4197400 shares were traded. SRRK stock price reached its highest trading level at $15.13 during the session, while it also had its lowest trading level at $14.30.
Ratios:
For a deeper understanding of Scholar Rock Holding Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.55 and its Current Ratio is at 8.55. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.34.
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 Feb 16 ’24 when Backstrom Jay T. sold 11,614 shares for $15.74 per share. The transaction valued at 182,842 led to the insider holds 352,671 shares of the business.
Myles Edward H sold 4,744 shares of SRRK for $74,686 on Feb 16 ’24. The COO & CFO now owns 210,976 shares after completing the transaction at $15.74 per share. On Feb 16 ’24, another insider, Parlavecchio Caryn, who serves as the CHRO of the company, sold 3,751 shares for $15.74 each. As a result, the insider received 59,053 and left with 157,744 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, SRRK now has a Market Capitalization of 1.04B and an Enterprise Value of 887.33M. Its current Enterprise Value per Revenue stands at 8.22 whereas that against EBITDA is -5.52.
Stock Price History:
Over the past 52 weeks, SRRK has reached a high of $21.17, while it has fallen to a 52-week low of $5.56. The 50-Day Moving Average of the stock is 15.67, while the 200-Day Moving Average is calculated to be 10.95.
Shares Statistics:
For the past three months, SRRK has traded an average of 815.62K shares per day and 1.25M over the past ten days. A total of 72.14M shares are outstanding, with a floating share count of 54.04M. Insiders hold about 25.09% of the company’s shares, while institutions hold 96.54% stake in the company. Shares short for SRRK as of Feb 29, 2024 were 11.17M with a Short Ratio of 13.69, compared to 11.4M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 15.48% and a Short% of Float of 30.79%.
Earnings Estimates
There are 8 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.49 for the current quarter, with a high estimate of -$0.45 and a low estimate of -$0.54, while EPS last year was -$0.46. The consensus estimate for the next quarter is -$0.48, with high estimates of -$0.45 and low estimates of -$0.54.
Analysts are recommending an EPS of between -$1.88 and -$2 for the fiscal current year, implying an average EPS of -$1.95. EPS for the following year is -$1.91, with 8 analysts recommending between -$1.43 and -$2.17.
