Scholar Rock Holding Corp [SRRK] stock prices are up 4.59% to $39.90 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SRRK shares have gain 49.61% over the last week, with a monthly amount glided 33.09%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Scholar Rock Holding Corp [NASDAQ: SRRK] stock has seen the most recent analyst activity on November 26, 2024, when H.C. Wainwright reiterated its Buy rating and also boosted its price target to $50 from $40. Previously, H.C. Wainwright reaffirmed its Buy rating on October 07, 2024, and elevated its price target to $35. On March 28, 2024, Raymond James initiated with a Strong Buy rating and assigned a price target of $30 on the stock. Jefferies upgraded its rating to a Buy but stick to its price target of $20 on October 25, 2023. In a note dated July 12, 2022, Truist initiated an Buy rating and provided a target price of $20 on this stock.
The stock price of Scholar Rock Holding Corp [SRRK] has been fluctuating between $6.76 and $43.38 over the past year. Currently, Wall Street analysts expect the stock to reach $40.5 within the next 12 months. Scholar Rock Holding Corp [NASDAQ: SRRK] shares were valued at $39.90 at the most recent close of the market. An investor can expect a potential return of 1.5% based on the average SRRK price forecast.
Analyzing the SRRK fundamentals
Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at -19.79%, Pretax Profit Margin comes in at -19.38%, and Net Profit Margin reading is -19.38%. To continue investigating profitability, this company’s Return on Assets is posted at -1.26, Equity is -1.46 and Total Capital is -1.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.63.
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 38.63 points at the first support level, and at 37.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.60, and for the 2nd resistance point, it is at 41.30.
Ratios To Look Out For
It’s worth pointing out that Scholar Rock Holding Corp [NASDAQ:SRRK]’s Current Ratio is 3.88. Also, the Quick Ratio is 3.88, while the Cash Ratio stands at 1.94.
Transactions by insiders
Recent insider trading involved Invus Public Equities, L.P., 10% Owner, that happened on Nov 25 ’24 when 0.41 million shares were sold. CHIEF MEDICAL OFFICER, Marantz Jing L. completed a deal on Nov 25 ’24 to sell 6375.0 shares. Meanwhile, CHIEF MEDICAL OFFICER Marantz Jing L. sold 2145.0 shares on Nov 22 ’24.
