A new trading day began on Tuesday, with Scholar Rock Holding Corp (NASDAQ: SRRK) stock price up 4.06% from the previous day of trading, before settling in for the closing price of $43.13. SRRK’s price has ranged from $6.76 to $46.19 over the past 52 weeks.
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A company in the Healthcare sector has dropped its sales by -6.57% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -22.05%. With a float of $71.48 million, this company’s outstanding shares have now reached $80.08 million.
In an organization with 150 employees, it is important to assess its efficiency. 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 23.65%, while institutional ownership is 71.55%. The most recent insider transaction that took place on Jan 16 ’25, was worth 985,951. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 22,308 shares at a rate of $44.20, taking the stock ownership to the 330,363 shares. Before that another transaction happened on Jan 16 ’25, when Company’s CHIEF MEDICAL OFFICER sold 5,655 for $44.20, making the entire transaction worth $249,935. This insider now owns 67,200 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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.1 million. That was better than the volume of 1.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.07%. Additionally, its Average True Range was 2.54.
During the past 100 days, Scholar Rock Holding Corp’s (SRRK) raw stochastic average was set at 96.69%, which indicates a significant increase from 83.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.76% in the past 14 days, which was lower than the 253.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.57, while its 200-day Moving Average is $19.41. However, in the short run, Scholar Rock Holding Corp’s stock first resistance to watch stands at $45.70. Second resistance stands at $46.53. The third major resistance level sits at $47.79. If the price goes on to break the first support level at $43.61, it is likely to go to the next support level at $42.35. The third support level lies at $41.52 if the price breaches the second support level.
Scholar Rock Holding Corp (NASDAQ: SRRK) Key Stats
With a market capitalization of 4.20 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.
