Currently, Scholar Rock Holding Corp [SRRK] is trading at $37.09, up 2.37%. 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 2.04% over the last week, with a monthly amount drifted -8.15%, 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.
This stock has fluctuated between a low of $6.76 and a high of $46.98 over the last 52 weeks. 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 $37.09 at the most recent close of the market. An investor can expect a potential return of 9.19% based on the average SRRK price forecast.
Analyzing the SRRK fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.52, Equity is -1.29 and Total Capital is -0.59. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.
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 35.49 points at the first support level, and at 33.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.23, and for the 2nd resistance point, it is at 39.37.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Scholar Rock Holding Corp [NASDAQ:SRRK] is 9.61. Also, the Quick Ratio is 9.61, while the Cash Ratio stands at 3.79.
Transactions by insiders
Recent insider trading involved Qatanani Mo, CHIEF SCIENTIFIC OFFICER, that happened on Feb 19 ’25 when 68510.0 shares were sold. CHIEF SCIENTIFIC OFFICER, Qatanani Mo completed a deal on Feb 18 ’25 to sell 4135.0 shares. Meanwhile, CHRO Parlavecchio Caryn sold 5296.0 shares on Feb 18 ’25.
