Solid Biosciences Inc (SLDB)’s financial ratios: A comprehensive overview

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.58 million shares were traded. SLDB stock price reached its highest trading level at $6.12 during the session, while it also had its lowest trading level at $5.76.

Ratios:

For a better understanding of SLDB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.45 and its Current Ratio is at 13.45. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.

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 the company, JP Morgan on July 15, 2024, Upgraded its rating to Overweight and sets its target price to $15 from $10 previously.

On June 24, 2024, Leerink Partners Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $12.

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 Jun 07 ’24 when Kahn Clare bought 1,100 shares for $7.67 per share. The transaction valued at 8,442 led to the insider holds 1,100 shares of the business.

Ganot Ilan sold 462 shares of SLDB for $4,772 on May 02 ’24. The Director now owns 9,507 shares after completing the transaction at $10.33 per share. On Jan 29 ’24, another insider, Ganot Ilan, who serves as the Director of the company, sold 139 shares for $7.99 each. As a result, the insider received 1,111 and left with 8,416 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, SLDB now has a Market Capitalization of 233500960 and an Enterprise Value of 68532184.

Stock Price History:

Over the past 52 weeks, SLDB has reached a high of $15.05, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is -23.09%, while the 200-Day Moving Average is calculated to be -30.17%.

Shares Statistics:

Over the past 3-months, SLDB traded about 291.46K shares per day on average, while over the past 10 days, SLDB traded about 328200 shares per day. A total of 38.60M shares are outstanding, with a floating share count of 32.49M. Insiders hold about 15.82% of the company’s shares, while institutions hold 82.57% stake in the company. Shares short for SLDB as of 1727654400 were 1729710 with a Short Ratio of 5.93, compared to 1724976000 on 1688224. Therefore, it implies a Short% of Shares Outstanding of 1729710 and a Short% of Float of 9.26.

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