Ironwood Pharmaceuticals Inc (NASDAQ: IRWD)’s stock price has plunge by 7.16relation to previous closing price of 4.19. Nevertheless, the company has seen a 5.65% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-10-28 that BOSTON–(BUSINESS WIRE)–Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD), a GI-focused healthcare company, will present new findings at the American College of Gastroenterology (ACG) 2024 Annual Scientific Meeting and Postgraduate Course from subgroup analyses of the primary endpoint of the pivotal Phase III clinical trial, STARS, evaluating the treatment effect of apraglutide by baseline demographics and disease-specific characteristics in adults with short bowel syndrome with intestinal failure.
Is It Worth Investing in Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) Right Now?
The price-to-earnings ratio for Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) is 103.94x, which is above its average ratio. Moreover, the 36-month beta value for IRWD is 0.44. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for IRWD is 155.59M and currently, short sellers hold a 7.67% of that float. On November 06, 2024, IRWD’s average trading volume was 1.84M shares.
IRWD’s Market Performance
The stock of Ironwood Pharmaceuticals Inc (IRWD) has seen a 5.65% increase in the past week, with a 11.97% rise in the past month, and a -25.29% fall in the past quarter. The volatility ratio for the week is 6.33%, and the volatility levels for the past 30 days are at 5.68% for IRWD. The simple moving average for the last 20 days is 6.57% for IRWD stock, with a simple moving average of -38.72% for the last 200 days.
Analysts’ Opinion of IRWD
Many brokerage firms have already submitted their reports for IRWD stocks, with Leerink Partners repeating the rating for IRWD by listing it as a “Market Perform.” The predicted price for IRWD in the upcoming period, according to Leerink Partners is $5 based on the research report published on September 09, 2024 of the current year 2024.
CapitalOne, on the other hand, stated in their research note that they expect to see IRWD reach a price target of $4, previously predicting the price at $12. The rating they have provided for IRWD stocks is “Equal Weight” according to the report published on August 08th, 2024.
Craig Hallum gave a rating of “Buy” to IRWD, setting the target price at $21 in the report published on January 17th of the current year.
IRWD Trading at 3.85% from the 50-Day Moving Average
After a stumble in the market that brought IRWD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.40% of loss for the given period.
Volatility was left at 5.68%, however, over the last 30 days, the volatility rate increased by 6.33%, as shares surge +8.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.91% lower at present.
During the last 5 trading sessions, IRWD rose by +5.65%, which changed the moving average for the period of 200-days by -65.83% in comparison to the 20-day moving average, which settled at $4.21. In addition, Ironwood Pharmaceuticals Inc saw -60.75% 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 IRWD starting from John Minardo, who sale 9,910 shares at the price of $4.27 back on Aug 12 ’24. After this action, John Minardo now owns 284,661 shares of Ironwood Pharmaceuticals Inc, valued at $42,316 using the latest closing price.
Silver Ronald, the Principal Accounting Officer of Ironwood Pharmaceuticals Inc, sale 3,107 shares at $4.27 during a trade that took place back on Aug 12 ’24, which means that Silver Ronald is holding 158,370 shares at $13,267 based on the most recent closing price.
Stock Fundamentals for IRWD
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.99 for the gross margin
The net margin for Ironwood Pharmaceuticals Inc stands at 0.02. The total capital return value is set at 0.35. Equity return is now at value -559.14, with 1.84 for asset returns.
Based on Ironwood Pharmaceuticals Inc (IRWD), the company’s capital structure generated 2.05 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at -1.95. The interest coverage ratio of the stock is 3.78.
Currently, EBITDA for the company is 210.61 million with net debt to EBITDA at 4.09. When we switch over and look at the enterprise to sales, we see a ratio of 3.13. The receivables turnover for the company is 6.89for trailing twelve months and the total asset turnover is 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.92.
Conclusion
To wrap up, the performance of Ironwood Pharmaceuticals Inc (IRWD) has been mixed 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.
