On Monday, Solid Biosciences Inc (NASDAQ: SLDB) opened higher 8.32% from the last session, before settling in for the closing price of $5.41. Price fluctuations for SLDB have ranged from $2.63 to $15.05 over the past 52 weeks.
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Annual sales at Healthcare sector company slipped by -28.11% over the past five years. Company’s average yearly earnings per share was noted 42.24% at the time writing. With a float of $32.57 million, this company’s outstanding shares have now reached $39.95 million.
Let’s look at the performance matrix of the company that is accounted for 88 employees. In terms of profitability, gross margin is 54.62%, operating margin of -2366.91%, and the pretax margin is -2162.92%.
Solid Biosciences Inc (SLDB) Insider Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Solid Biosciences Inc is 18.48%, while institutional ownership is 79.82%. The most recent insider transaction that took place on Oct 21 ’24, was worth 19,000. In this transaction Chief Medical Officer of this company sold 2,923 shares at a rate of $6.50, taking the stock ownership to the 10,979 shares. Before that another transaction happened on Jun 07 ’24, when Company’s Director bought 1,100 for $7.67, making the entire transaction worth $8,442. This insider now owns 1,100 shares in total.
Solid Biosciences Inc (SLDB) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -1 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -1) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 42.24% per share during the next fiscal year.
Solid Biosciences Inc (NASDAQ: SLDB) Trading Performance Indicators
Check out the current performance indicators for Solid Biosciences Inc (SLDB). In the past quarter, the stock posted a quick ratio of 7.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.04, a number that is poised to hit -0.78 in the next quarter and is forecasted to reach -2.71 in one year’s time.
Technical Analysis of Solid Biosciences Inc (SLDB)
Solid Biosciences Inc (NASDAQ: SLDB) saw its 5-day average volume 0.48 million, a positive change from its year-to-date volume of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 61.61%. Additionally, its Average True Range was 0.46.
During the past 100 days, Solid Biosciences Inc’s (SLDB) raw stochastic average was set at 21.70%, which indicates a significant decrease from 73.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.12% in the past 14 days, which was lower than the 88.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.23, while its 200-day Moving Average is $8.43. Nevertheless, the first resistance level for the watch stands at $6.18 in the near term. At $6.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.89. If the price goes on to break the first support level at $5.47, it is likely to go to the next support level at $5.08. Assuming the price breaks the second support level, the third support level stands at $4.76.
Solid Biosciences Inc (NASDAQ: SLDB) Key Stats
There are currently 39,955K shares outstanding in the company with a market cap of 242.19 million. Presently, the company’s annual sales total 0 K according to its annual income of -96,020 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -32,730 K.
