On Monday, Scholar Rock Holding Corp (NASDAQ: SRRK) opened higher 26.07% from the last session, before settling in for the closing price of $29.92. Price fluctuations for SRRK have ranged from $6.76 to $35.38 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted -22.05% at the time writing. With a float of $68.61 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 84.84%, operating margin of -1978.81%, and the pretax margin is -1937.96%.
Scholar Rock Holding Corp (SRRK) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Scholar Rock Holding Corp is 26.71%, while institutional ownership is 71.61%. The most recent insider transaction that took place on Nov 11 ’24, was worth 63,158. In this transaction CHIEF MEDICAL OFFICER of this company sold 2,105 shares at a rate of $30.00, taking the stock ownership to the 72,855 shares. Before that another transaction happened on Oct 08 ’24, when Company’s COO & CFO sold 37,187 for $34.90, making the entire transaction worth $1,297,659. This insider now owns 161,088 shares in total.
Scholar Rock Holding Corp (SRRK) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.5 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.48) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -22.05% per share during the next fiscal year.
Scholar Rock Holding Corp (NASDAQ: SRRK) Trading Performance Indicators
Check out the current performance indicators for Scholar Rock Holding Corp (SRRK). In the past quarter, the stock posted a quick ratio of 3.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.47, a number that is poised to hit -0.60 in the next quarter and is forecasted to reach -2.23 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 2.02 million was superior to 1.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 61.49%. Additionally, its Average True Range was 2.75.
During the past 100 days, Scholar Rock Holding Corp’s (SRRK) raw stochastic average was set at 84.54%, which indicates a significant increase from 67.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 114.92% in the past 14 days, which was lower than the 253.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.11, while its 200-day Moving Average is $14.62. Now, the first resistance to watch is $41.75. This is followed by the second major resistance level at $45.78. The third major resistance level sits at $48.18. If the price goes on to break the first support level at $35.32, it is likely to go to the next support level at $32.92. The third support level lies at $28.89 if the price breaches the second support level.
Scholar Rock Holding Corp (NASDAQ: SRRK) Key Stats
There are currently 93,615K shares outstanding in the company with a market cap of 3.96 billion. Presently, the company’s annual sales total 0 K according to its annual income of -165,790 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -64,480 K.
