After finishing at $15.60 in the prior trading day, Scholar Rock Holding Corp (NASDAQ: SRRK) closed at $15.86, up 1.67%. In other words, the price has increased by $+0.26 from its previous closing price. On the day, 845427 shares were traded.
Ratios:
Our goal is to gain a better understanding of SRRK by taking a closer look at its different 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:
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 Feb 16 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. The COO & CFO now owns 210,976 shares after completing the transaction at $15.74 per share. On Feb 16, 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 1.14B and an Enterprise Value of 989.05M. Its current Enterprise Value per Revenue stands at 8.22 whereas that against EBITDA is -6.15.
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 16.44, while the 200-Day Moving Average is calculated to be 10.32.
Shares Statistics:
The stock has traded on average 860.72K shares per day over the past 3-months and 504.98k shares per day over the last 10 days, according to various share statistics. 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 96.44% stake in the company. Shares short for SRRK as of Jan 31, 2024 were 11.4M with a Short Ratio of 13.25, compared to 11.34M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 15.80% and a Short% of Float of 31.44%.
Earnings Estimates
Its stock is currently analyzed by 8 different market analysts. 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.
