At the time of writing, Scholar Rock Holding Corp [SRRK] stock is trading at $32.54, up 8.25%. An important factor to consider is whether the stock is rising or falling in short-term value. The SRRK shares have gain 1.18% over the last week, with a monthly amount drifted -12.27%, 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 $32.54 at the most recent close of the market. An investor can expect a potential return of 24.46% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.
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 30.74 points at the first support level, and at 28.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.44, and for the 2nd resistance point, it is at 34.35.
Ratios To Look Out For
It is important to note that Scholar Rock Holding Corp [NASDAQ:SRRK] has a current ratio of 9.61. On the other hand, the Quick Ratio is 9.61, and the Cash Ratio is 3.79.
Transactions by insiders
Recent insider trading involved Sacco Tracey, Chief Commercial Officer, that happened on Mar 24 ’25 when 6500.0 shares were sold. Interim PFO and PAO, Moore Erin completed a deal on Mar 24 ’25 to sell 13564.0 shares. Meanwhile, Affiliate Tracey Sacco bought 41500.0 shares on Mar 24 ’25.
