Sutro Biopharma Inc (NASDAQ: STRO) closed the day trading at $4.14 down -8.00% from the previous closing price of $4.50. On the day, 948340 shares were traded.
Ratios:
For a better understanding of STRO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.50 and its Current Ratio is at 4.50. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.15.
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, Deutsche Bank on November 09, 2023, initiated with a Buy rating and assigned the stock a target price of $12.
On October 06, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $10.
Wells Fargo Downgraded its Overweight to Equal Weight on March 21, 2023, whereas the target price for the stock was revised from $15 to $8.
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 Jan 29 ’24 when Vasquez Nicki sold 12,185 shares for $5.00 per share. The transaction valued at 60,925 led to the insider holds 12,803 shares of the business.
Shtylla Brunilda sold 15,428 shares of STRO for $72,595 on Aug 28 ’23. The Chief Business Officer now owns 0 shares after completing the transaction at $4.71 per share. On Aug 25 ’23, another insider, Shtylla Brunilda, who serves as the Chief Business Officer of the company, sold 11,613 shares for $4.59 each. As a result, the insider received 53,282 and left with 12,928 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07 while its Price-to-Book (P/B) ratio in mrq is 1.69.
Stock Price History:
Over the past 52 weeks, STRO has reached a high of $6.13, while it has fallen to a 52-week low of $2.01.
Shares Statistics:
A total of 76.92M shares are outstanding, with a floating share count of 73.79M. Insiders hold about 4.07% of the company’s shares, while institutions hold 80.25% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from Stronghold Digital Mining, Inc. analysts. The consensus estimate for the next quarter is $57.70, with high estimates of $104.89 and low estimates of $17.01.
Analysts are recommending an EPS of between $Industrials and $Industrials for the fiscal current year, implying an average EPS of $Communication Services.
