Scholar Rock Holding Corp [SRRK] stock prices are down -2.14% to $13.70 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SRRK shares have lost -2.28% over the last week, with a monthly amount glided 3.79%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Scholar Rock Holding Corp [NASDAQ: SRRK] stock has seen the most recent analyst activity on March 28, 2024, when Raymond James initiated its Strong Buy rating and assigned the stock a price target of $30. Previously, Jefferies upgraded its rating to Buy on October 25, 2023, and kept the price target unchanged to $20. Truist initiated its recommendation with a Buy and recommended $20 as its price target on July 12, 2022. H.C. Wainwright started tracking with a Buy rating for this stock on March 23, 2022, and assigned it a price target of $24. In a note dated December 22, 2021, Jefferies downgraded an Hold rating on this stock and revised its target price from $52 to $28.
The stock price of Scholar Rock Holding Corp [SRRK] has been fluctuating between $5.56 and $21.17 over the past year. Scholar Rock Holding Corp [NASDAQ: SRRK] shares were valued at $13.70 at the most recent close of the market.
Analyzing the SRRK fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.53, Equity is -0.8 and Total Capital is -0.62. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.32 points at the first support level, and at 12.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.17, and for the 2nd resistance point, it is at 14.64.
Ratios To Look Out For
It’s worth pointing out that Scholar Rock Holding Corp [NASDAQ:SRRK]’s Current Ratio is 8.80. As well, the Quick Ratio is 8.80, while the Cash Ratio is 3.11.
Transactions by insiders
Recent insider trading involved Backstrom Jay T., CHIEF EXECUTIVE OFFICER, that happened on Feb 16 ’24 when 11614.0 shares were sold. COO & CFO, Myles Edward H completed a deal on Feb 16 ’24 to sell 4744.0 shares. Meanwhile, CHRO Parlavecchio Caryn sold 3751.0 shares on Feb 16 ’24.
