On Tuesday, Scholar Rock Holding Corp (NASDAQ: SRRK) was 1.64% up from the session before settling in for the closing price of $30.43. A 52-week range for SRRK has been $6.76 – $35.38.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -5.25%. When this article was written, the company’s average yearly earnings per share was at -13.54%. With a float of $75.10 million, this company’s outstanding shares have now reached $75.98 million.
The extent of productivity of a business whose workforce counts for 150 workers is very important to gauge. In terms of profitability, gross margin is 78.77%, operating margin of -1797.78%, and the pretax margin is -1748.25%.
Scholar Rock Holding Corp (SRRK) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Scholar Rock Holding Corp stocks. The insider ownership of Scholar Rock Holding Corp is 16.83%, while institutional ownership is 84.91%. The most recent insider transaction that took place on Oct 08 ’24, was worth 1,297,659. In this transaction COO & CFO of this company sold 37,187 shares at a rate of $34.90, taking the stock ownership to the 161,088 shares. Before that another transaction happened on Oct 07 ’24, when Company’s COO & CFO sold 206,240 for $26.56, making the entire transaction worth $5,477,546. This insider now owns 161,088 shares in total.
Scholar Rock Holding Corp (SRRK) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -13.54% per share during the next fiscal year.
Scholar Rock Holding Corp (NASDAQ: SRRK) Trading Performance Indicators
You can see what Scholar Rock Holding Corp (SRRK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 6.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.33, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach -2.05 in one year’s time.
Technical Analysis of Scholar Rock Holding Corp (SRRK)
The latest stats from [Scholar Rock Holding Corp, SRRK] show that its last 5-days average volume of 1.07 million was inferior to 1.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 80.18%. Additionally, its Average True Range was 2.23.
During the past 100 days, Scholar Rock Holding Corp’s (SRRK) raw stochastic average was set at 84.45%, which indicates a significant decrease from 95.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.99% in the past 14 days, which was lower than the 250.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.62, while its 200-day Moving Average is $13.35. Now, the first resistance to watch is $31.60. This is followed by the second major resistance level at $32.27. The third major resistance level sits at $33.30. If the price goes on to break the first support level at $29.90, it is likely to go to the next support level at $28.87. Assuming the price breaks the second support level, the third support level stands at $28.20.
Scholar Rock Holding Corp (NASDAQ: SRRK) Key Stats
There are 80,033K outstanding shares of the company, which has a market capitalization of 2.79 billion. As of now, sales total 0 K while income totals -165,790 K. Its latest quarter income was 0 K while its last quarter net income were -58,510 K.
