Moreover, the 36-month beta value for STTK is 1.76. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for STTK is 41.21M and currently, short sellers hold a 9.11% of that float. On August 06, 2024, STTK’s average trading volume was 463.60K shares.
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STTK) stock’s latest price update
Shattuck Labs Inc (NASDAQ: STTK)’s stock price has decreased by -16.16 compared to its previous closing price of 3.65. However, the company has seen a -28.17% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-08-01 that Shattuck Labs, Inc. (STTK) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to loss of $0.50 per share a year ago.
STTK’s Market Performance
STTK’s stock has fallen by -28.17% in the past week, with a monthly drop of -16.85% and a quarterly drop of -71.61%. The volatility ratio for the week is 8.78% while the volatility levels for the last 30 days are 8.56% for Shattuck Labs Inc The simple moving average for the past 20 days is -27.42% for STTK’s stock, with a -53.83% simple moving average for the past 200 days.
Analysts’ Opinion of STTK
BTIG Research, on the other hand, stated in their research note that they expect to see STTK reach a price target of $12. The rating they have provided for STTK stocks is “Buy” according to the report published on August 31st, 2022.
Citigroup gave a rating of “Buy” to STTK, setting the target price at $13 in the report published on June 01st of the previous year.
STTK Trading at -40.60% from the 50-Day Moving Average
After a stumble in the market that brought STTK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -73.98% of loss for the given period.
Volatility was left at 8.56%, however, over the last 30 days, the volatility rate increased by 8.78%, as shares sank -13.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -59.90% lower at present.
During the last 5 trading sessions, STTK fell by -28.17%, which changed the moving average for the period of 200-days by +93.67% in comparison to the 20-day moving average, which settled at $4.19. In addition, Shattuck Labs Inc saw -57.08% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at STTK starting from Brous Tyler, who purchase 3,000 shares at the price of $3.90 back on Jun 28 ’24. After this action, Brous Tyler now owns 238,088 shares of Shattuck Labs Inc, valued at $11,700 using the latest closing price.
Brous Tyler, the Director of Shattuck Labs Inc, purchase 5,416 shares at $3.89 during a trade that took place back on Jun 27 ’24, which means that Brous Tyler is holding 235,088 shares at $21,068 based on the most recent closing price.
Stock Fundamentals for STTK
Current profitability levels for the company are sitting at:
- -21.96 for the present operating margin
- 0.05 for the gross margin
The net margin for Shattuck Labs Inc stands at -20.68. The total capital return value is set at -0.8. Equity return is now at value -68.48, with -60.08 for asset returns.
Based on Shattuck Labs Inc (STTK), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -16.56. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -96.64.
Currently, EBITDA for the company is -87.92 million with net debt to EBITDA at 0.66. When we switch over and look at the enterprise to sales, we see a ratio of 21.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.62.
Conclusion
To wrap up, the performance of Shattuck Labs Inc (STTK) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
