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The closing price of SpringWorks Therapeutics Inc (NASDAQ: SWTX) was $53.28 for the day, down -7.76% from the previous closing price of $57.76. In other words, the price has decreased by -$7.76 from its previous closing price. On the day, 2.85 million shares were traded.
Ratios:
Our analysis of SWTX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.70 and its Current Ratio is at 3.81. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Evercore ISI on November 20, 2024, initiated with a Outperform rating and assigned the stock a target price of $60.
On February 05, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $75.
On December 01, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $45.BofA Securities initiated its Buy rating on December 01, 2022, with a $45 target price.
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 20 ’25 when Islam Saqib sold 29,328 shares for $60.30 per share. The transaction valued at 1,768,401 led to the insider holds 1,034,625 shares of the business.
Ashar Bhavesh sold 1,016 shares of SWTX for $62,168 on Feb 20 ’25. The Chief Commercial Officer now owns 62,053 shares after completing the transaction at $61.19 per share. On Feb 20 ’25, another insider, LYNCH DANIEL, who serves as the Director of the company, sold 47,600 shares for $60.22 each. As a result, the insider received 2,866,534 and left with 82,944 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 20.84 while its Price-to-Book (P/B) ratio in mrq is 8.24.
Stock Price History:
Over the past 52 weeks, SWTX has reached a high of $62.00, while it has fallen to a 52-week low of $28.21. The 50-Day Moving Average of the stock is 24.46%, while the 200-Day Moving Average is calculated to be 38.63%.
Shares Statistics:
A total of 74.40M shares are outstanding, with a floating share count of 70.19M. Insiders hold about 6.33% of the company’s shares, while institutions hold 106.12% stake in the company.