Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $22.23 in the prior trading day, Schrodinger Inc (NASDAQ: SDGR) closed at $20.63, down -7.20%. In other words, the price has decreased by -$7.20 from its previous closing price. On the day, 0.55 million shares were traded. SDGR stock price reached its highest trading level at $22.25 during the session, while it also had its lowest trading level at $20.56.
Ratios:
Our goal is to gain a better understanding of SDGR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.11 and its Current Ratio is at 4.11. In the meantime, Its Debt-to-Equity ratio is 0.27 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:
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 Oct 15 ’24 when Dugan Margaret sold 1,531 shares for $17.78 per share. The transaction valued at 27,226 led to the insider holds 13,469 shares of the business.
Dugan Margaret bought 1,531 shares of SDGR for $27,226 on Oct 15 ’24. On Mar 04 ’24, another insider, Porges Geoffrey Craig, who serves as the EVP & CFO of the company, sold 3,315 shares for $26.35 each. As a result, the insider received 87,360 and left with 5,685 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 1503076992 and an Enterprise Value of 1234541312. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.77 while its Price-to-Book (P/B) ratio in mrq is 3.34. Its current Enterprise Value per Revenue stands at 6.385 whereas that against EBITDA is -5.811.
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 $16.67. The 50-Day Moving Average of the stock is 8.48%, while the 200-Day Moving Average is calculated to be -5.55%.
Shares Statistics:
The stock has traded on average 704.08K shares per day over the past 3-months and 695780 shares per day over the last 10 days, according to various share statistics. A total of 63.68M shares are outstanding, with a floating share count of 62.05M. Insiders hold about 14.76% of the company’s shares, while institutions hold 84.72% stake in the company. Shares short for SDGR as of 1731628800 were 9333475 with a Short Ratio of 13.26, compared to 1728950400 on 8835605. Therefore, it implies a Short% of Shares Outstanding of 9333475 and a Short% of Float of 23.5.
