Scholar Rock Holding Corp (NASDAQ: SRRK) on Tuesday, soared 5.64% from the previous trading day, before settling in for the closing price of $14.00. Within the past 52 weeks, SRRK’s price has moved between $5.56 and $21.17.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Healthcare Sector giant was -5.25%. The company achieved an average annual earnings per share of 1.78%. With a float of $61.18 million, this company’s outstanding shares have now reached $75.98 million.
Let’s determine the extent of company efficiency that accounts for 150 employees.
Scholar Rock Holding Corp (SRRK) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Scholar Rock Holding Corp is 23.28%, while institutional ownership is 87.33%. The most recent insider transaction that took place on Feb 16 ’24, was worth 182,842. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 11,614 shares at a rate of $15.74, taking the stock ownership to the 352,671 shares. Before that another transaction happened on Feb 16 ’24, when Company’s COO & CFO sold 4,744 for $15.74, making the entire transaction worth $74,686. This insider now owns 210,976 shares in total.
Scholar Rock Holding Corp (SRRK) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 1.78% per share during the next fiscal year.
Scholar Rock Holding Corp (NASDAQ: SRRK) Trading Performance Indicators
Scholar Rock Holding Corp (SRRK) is currently performing well based on its current performance indicators. A quick ratio of 8.80 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.10, a number that is poised to hit -0.48 in the next quarter and is forecasted to reach -1.83 in one year’s time.
Technical Analysis of Scholar Rock Holding Corp (SRRK)
Looking closely at Scholar Rock Holding Corp (NASDAQ: SRRK), its last 5-days average volume was 0.78 million, which is a drop from its year-to-date volume of 0.78 million. As of the previous 9 days, the stock’s Stochastic %D was 58.69%. Additionally, its Average True Range was 1.01.
During the past 100 days, Scholar Rock Holding Corp’s (SRRK) raw stochastic average was set at 34.09%, which indicates a significant decrease from 62.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.63% in the past 14 days, which was lower than the 74.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.34, while its 200-day Moving Average is $11.91. However, in the short run, Scholar Rock Holding Corp’s stock first resistance to watch stands at $15.27. Second resistance stands at $15.75. The third major resistance level sits at $16.38. If the price goes on to break the first support level at $14.17, it is likely to go to the next support level at $13.54. Now, if the price goes above the second support level, the third support stands at $13.06.
Scholar Rock Holding Corp (NASDAQ: SRRK) Key Stats
Market capitalization of the company is 1.18 billion based on 77,866K outstanding shares. Right now, sales total 0 K and income totals -165,790 K. The company made 0 K in profit during its latest quarter, and -46,130 K in sales during its previous quarter.
