A share price of Scholar Rock Holding Corp [SRRK] is currently trading at $44.32, up 6.72%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SRRK shares have gain 9.49% over the last week, with a monthly amount glided 6.41%, 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.
Scholar Rock Holding Corp experienced fluctuations in its stock price throughout the past year between $6.76 and $46.19. 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 $44.32 at the most recent close of the market. An investor can expect a potential drop of -8.62% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.84.
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 43.14 points at the first support level, and at 41.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.28, and for the 2nd resistance point, it is at 46.24.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Scholar Rock Holding Corp [NASDAQ:SRRK] is 3.88. In addition, the Quick Ratio stands at 3.88 and the Cash Ratio stands at 1.94.
Transactions by insiders
Recent insider trading involved Invus Public Equities, L.P., 10% Owner, that happened on Dec 10 ’24 when 1.6 million shares were sold. 10% Owner, Invus Public Equities, L.P. completed a deal on Nov 25 ’24 to sell 0.41 million shares. Meanwhile, CHIEF MEDICAL OFFICER Marantz Jing L. sold 6375.0 shares on Nov 25 ’24.
