Shattuck Labs Inc (NASDAQ: STTK) has experienced a decline in its stock price by -9.82 compared to its previous closing price of 3.87. However, the company has seen a fall of -4.12% in its stock price over the last five trading days. 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.
Is It Worth Investing in Shattuck Labs Inc (NASDAQ: STTK) Right Now?
Additionally, the 36-month beta value for STTK is 1.74. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for STTK is 41.32M and currently, short sellers hold a 13.28% ratio of that float. The average trading volume of STTK on October 01, 2024 was 331.33K shares.
STTK’s Market Performance
STTK stock saw a decrease of -4.12% in the past week, with a monthly decline of 0.00% and a quarterly a decrease of -12.53%. The volatility ratio for the week is 5.53%, and the volatility levels for the last 30 days are 6.13% for Shattuck Labs Inc (STTK). The simple moving average for the past 20 days is -4.96% for STTK’s stock, with a -49.62% 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 -4.15% 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 -70.32% of loss for the given period.
Volatility was left at 6.13%, however, over the last 30 days, the volatility rate increased by 5.53%, as shares sank -2.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.68% lower at present.
During the last 5 trading sessions, STTK fell by -4.12%, which changed the moving average for the period of 200-days by +65.40% in comparison to the 20-day moving average, which settled at $3.67. In addition, Shattuck Labs Inc saw -51.05% 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 5,416 shares at the price of $3.89 back on Jun 27 ’24. After this action, Brous Tyler now owns 235,088 shares of Shattuck Labs Inc, valued at $21,068 using the latest closing price.
Brous Tyler, the Director of Shattuck Labs Inc, purchase 3,000 shares at $3.90 during a trade that took place back on Jun 28 ’24, which means that Brous Tyler is holding 238,088 shares at $11,700 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 26.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.62.
Conclusion
In conclusion, Shattuck Labs Inc (STTK) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
