The closing price of Scholar Rock Holding Corp (NASDAQ: SRRK) was $15.00 for the day, down -6.31% from the previous closing price of $16.01. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 1045074 shares were traded.
Ratios:
Our analysis of SRRK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.80 and its Current Ratio is at 8.80. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.24.
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 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 1.17B and an Enterprise Value of 949.87M. Its current Enterprise Value per Revenue stands at 8.22 whereas that against EBITDA is -5.64.
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 15.55, while the 200-Day Moving Average is calculated to be 11.28.
Shares Statistics:
SRRK traded an average of 843.79K shares per day over the past three months and 1.53M shares per day over the past ten days. A total of 75.98M shares are outstanding, with a floating share count of 58.33M. Insiders hold about 25.09% of the company’s shares, while institutions hold 89.44% stake in the company. Shares short for SRRK as of Feb 29, 2024 were 11.17M with a Short Ratio of 13.23, 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
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of -$0.5 for the current quarter, with a high estimate of -$0.46 and a low estimate of -$0.6, while EPS last year was -$0.49. The consensus estimate for the next quarter is -$0.5, with high estimates of -$0.39 and low estimates of -$0.61.
Analysts are recommending an EPS of between -$1.47 and -$2.37 for the fiscal current year, implying an average EPS of -$2.03. EPS for the following year is -$1.87, with 8 analysts recommending between -$0.55 and -$2.41.
