A new trading day began on Tuesday, with Scholar Rock Holding Corp (NASDAQ: SRRK) stock price up 3.64% from the previous day of trading, before settling in for the closing price of $43.96. SRRK’s price has ranged from $6.76 to $46.19 over the past 52 weeks.
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Annual sales at Healthcare sector company slipped by -5.25% over the past five years. Meanwhile, its annual earnings per share averaged -22.05%. With a float of $71.51 million, this company’s outstanding shares have now reached $80.08 million.
Let’s look at the performance matrix of the company that is accounted for 150 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Scholar Rock Holding Corp is 23.62%, while institutional ownership is 71.64%. The most recent insider transaction that took place on Dec 10 ’24, was worth 66,640,000. In this transaction 10% Owner of this company sold 1,600,000 shares at a rate of $41.65, taking the stock ownership to the 9,250,005 shares. Before that another transaction happened on Nov 25 ’24, when Company’s 10% Owner sold 409,433 for $38.49, making the entire transaction worth $15,757,639. This insider now owns 10,850,005 shares in total.
Scholar Rock Holding Corp (SRRK) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.67 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
Here are Scholar Rock Holding Corp’s current performance indicators. According to the last quarter’s results, the stock had 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 -2.22 in one year’s time.
Technical Analysis of Scholar Rock Holding Corp (SRRK)
Scholar Rock Holding Corp (NASDAQ: SRRK) saw its 5-day average volume 1.4 million, a positive change from its year-to-date volume of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 77.58%. Additionally, its Average True Range was 2.67.
During the past 100 days, Scholar Rock Holding Corp’s (SRRK) raw stochastic average was set at 98.41%, which indicates a significant increase from 92.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.85% in the past 14 days, which was lower than the 253.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.11, while its 200-day Moving Average is $17.22. Nevertheless, the first resistance level for the watch stands at $46.50 in the near term. At $47.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.72. If the price goes on to break the first support level at $44.29, it is likely to go to the next support level at $43.01. The third support level lies at $42.07 if the price breaches the second support level.
Scholar Rock Holding Corp (NASDAQ: SRRK) Key Stats
With a market capitalization of 4.42 billion, the company has a total of 93,615K Shares Outstanding. Currently, annual sales are 0 K while annual income is -165,790 K. The company’s previous quarter sales were 0 K while its latest quarter income was -64,480 K.
