At the time of writing, Scholar Rock Holding Corp [SRRK] stock is trading at $40.72, down -2.79%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SRRK shares have gain 0.79% over the last week, with a monthly amount drifted -4.99%, and not 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.
For the past year, the stock price of Scholar Rock Holding Corp fluctuated between $6.76 and $46.98. 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 $40.72 at the most recent close of the market. An investor can expect a potential drop of -0.54% 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 40.18 points at the first support level, and at 39.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.74, and for the 2nd resistance point, it is at 42.77.
Ratios To Look Out For
It is important to note that Scholar Rock Holding Corp [NASDAQ:SRRK] has a current ratio of 3.88. As well, the Quick Ratio is 3.88, while the Cash Ratio is 1.94.
Transactions by insiders
Recent insider trading involved Backstrom Jay T., CHIEF EXECUTIVE OFFICER, that happened on Jan 16 ’25 when 22308.0 shares were sold. CHIEF MEDICAL OFFICER, Marantz Jing L. completed a deal on Jan 16 ’25 to sell 5655.0 shares. Meanwhile, Chief Commercial Officer Sacco Tracey sold 3890.0 shares on Jan 16 ’25.
