Monte Rosa Therapeutics Inc (GLUE) Stock Up 13.72%: Latest Performance Analysis

Currently, Monte Rosa Therapeutics Inc [GLUE] is trading at $10.36, up 13.72%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GLUE shares have gain 24.07% over the last week, with a monthly amount glided 12.36%, and 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.

This stock has fluctuated between a low of $2.92 and a high of $12.40 over the last 52 weeks. Monte Rosa Therapeutics Inc [NASDAQ: GLUE] shares were valued at $10.36 at the most recent close of the market.

Analyzing the GLUE fundamentals

Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -5.44%, Pretax Profit Margin comes in at -5.02%, and Net Profit Margin reading is -5.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -0.63 and Total Capital is -0.47.

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 9.58 points at the first support level, and at 8.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.79, and for the 2nd resistance point, it is at 11.22.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Monte Rosa Therapeutics Inc [NASDAQ:GLUE] is 6.03. Also, the Quick Ratio is 6.03, while the Cash Ratio stands at 3.02. Considering the valuation of this stock, the price to sales ratio is 48.35, the price to book ratio is 3.09.

Transactions by insiders

Recent insider trading involved Versant Venture Capital VI, L., 10% Owner, that happened on Oct 28 ’24 when 89990.0 shares were sold. 10% Owner, Versant Venture Capital VI, L. completed a deal on Oct 29 ’24 to sell 67905.0 shares. Meanwhile, Officer Wallace Owen B. bought 20000.0 shares on Oct 28 ’24.

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