Scholar Rock Holding Corp (NASDAQ: SRRK) kicked off on Monday, down -3.49% from the previous trading day, before settling in for the closing price of $44.46. Over the past 52 weeks, SRRK has traded in a range of $6.76-$46.19.
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Annual sales at Healthcare sector company slipped by -5.25% over the past five years. While this was happening, its average annual earnings per share was recorded -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 Updates
Our next focus will be how large-scale investors are participating 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) Performance Highlights and Predictions
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
Take a look at Scholar Rock Holding Corp’s (SRRK) current performance indicators. Last quarter, 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 0.66 million, a negative change from its year-to-date volume of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 69.69%. Additionally, its Average True Range was 2.50.
During the past 100 days, Scholar Rock Holding Corp’s (SRRK) raw stochastic average was set at 91.69%, which indicates a significant increase from 45.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.32% in the past 14 days, which was lower than the 253.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.04, while its 200-day Moving Average is $17.65. Nevertheless, the first resistance level for the watch stands at $44.00 in the near term. At $45.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $45.64. If the price goes on to break the first support level at $42.36, it is likely to go to the next support level at $41.81. Assuming the price breaks the second support level, the third support level stands at $40.72.
Scholar Rock Holding Corp (NASDAQ: SRRK) Key Stats
The company with the Market Capitalisation of 4.02 billion has total of 93,615K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -165,790 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -64,480 K.
