Scholar Rock Holding Corp [SRRK] stock prices are up 1.64% to $30.93 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SRRK shares have gain 6.29% over the last week, with a monthly amount glided 286.14%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Scholar Rock Holding Corp [NASDAQ: SRRK] stock has seen the most recent analyst activity on October 07, 2024, when H.C. Wainwright reiterated its Buy rating and also boosted its price target to $35 from $30. Previously, Raymond James started tracking the stock with Strong Buy rating on March 28, 2024, and set its price target to $30. On October 25, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $20 on the stock. Truist started tracking with a Buy rating for this stock on July 12, 2022, and assigned it a price target of $20. In a note dated March 23, 2022, H.C. Wainwright initiated an Buy rating and provided a target price of $24 on this stock.
The stock price of Scholar Rock Holding Corp [SRRK] has been fluctuating between $6.76 and $35.38 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Scholar Rock Holding Corp [NASDAQ: SRRK] shares were valued at $30.93 at the most recent close of the market. An investor can expect a potential return of 29.32% based on the average SRRK price forecast.
Analyzing the SRRK fundamentals
Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at -17.98%, Pretax Profit Margin comes in at -17.48%, and Net Profit Margin reading is -17.48%. To continue investigating profitability, this company’s Return on Assets is posted at -0.9, Equity is -1.15 and Total Capital is -1.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.
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 29.90 points at the first support level, and at 28.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.60, and for the 2nd resistance point, it is at 32.27.
Ratios To Look Out For
It’s worth pointing out that Scholar Rock Holding Corp [NASDAQ:SRRK]’s Current Ratio is 6.04. On the other hand, the Quick Ratio is 6.04, and the Cash Ratio is 2.83.
Transactions by insiders
Recent insider trading involved Myles Edward H, COO & CFO, that happened on Oct 08 ’24 when 37187.0 shares were sold. COO & CFO, Myles Edward H completed a deal on Oct 07 ’24 to sell 0.21 million shares. Meanwhile, CHIEF COMMERCIAL OFFICER Sacco Tracey sold 30000.0 shares on Oct 07 ’24.
