Monte Rosa Therapeutics Inc (GLUE) Shares See 5.01% Rise Over Last Week

Monte Rosa Therapeutics Inc [GLUE] stock prices are up 7.94% to $3.88 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GLUE shares have gain 5.01% over the last week, with a monthly amount drifted -2.64%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Monte Rosa Therapeutics Inc [NASDAQ: GLUE] stock has seen the most recent analyst activity on February 15, 2024, when Wedbush initiated its Outperform rating and assigned the stock a price target of $11. Previously, Wells Fargo upgraded its rating to Overweight on January 03, 2023, and kept the price target unchanged to $18. On October 13, 2022, UBS initiated with a Buy rating and assigned a price target of $22 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $20 on August 15, 2022. Credit Suisse initiated its recommendation with a Neutral and recommended $19 as its price target on April 28, 2022. Wells Fargo started tracking with a Equal Weight rating for this stock on February 10, 2022, and assigned it a price target of $19. In a note dated October 14, 2021, SVB Leerink initiated an Mkt Perform rating and provided a target price of $20 on this stock.

The stock price of Monte Rosa Therapeutics Inc [GLUE] has been fluctuating between $2.44 and $8.84 over the past year. Monte Rosa Therapeutics Inc [NASDAQ: GLUE] shares were valued at $3.88 at the most recent close of the market.

Analyzing the GLUE fundamentals

Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -14.67%, Pretax Profit Margin comes in at -13.74%, and Net Profit Margin reading is -13.78%. To continue investigating profitability, this company’s Return on Assets is posted at -0.51, Equity is -0.74 and Total Capital is -0.64. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.

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 3.67 points at the first support level, and at 3.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.01, and for the 2nd resistance point, it is at 4.13.

Ratios To Look Out For

It’s worth pointing out that Monte Rosa Therapeutics Inc [NASDAQ:GLUE]’s Current Ratio is 4.82. Further, the Quick Ratio stands at 4.82, while the Cash Ratio is 2.42. Considering the valuation of this stock, the price to sales ratio is 223.54, the price to book ratio is 1.28.

Transactions by insiders

Recent insider trading involved Dunn Edmund, Principal Accounting Officer, that happened on Jun 03 ’24 when 1207.0 shares were sold.

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