Scholar Rock Holding Corp (NASDAQ: SRRK)’s stock price has soared by 0.98 in relation to previous closing price of 41.65. Nevertheless, the company has seen a loss of -3.51% in its stock price over the last five trading days. benzinga.com reported 2024-11-25 that On Monday, Biohaven Ltd. BHVN updated the taldefgrobep alfa development programs in Spinal Muscular Atrophy (SMA) and obesity.
Is It Worth Investing in Scholar Rock Holding Corp (NASDAQ: SRRK) Right Now?
The 36-month beta value for SRRK is also noteworthy at 0.54. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SRRK is 69.91M, and at present, short sellers hold a 21.09% of that float. The average trading volume of SRRK on December 13, 2024 was 2.08M shares.
SRRK’s Market Performance
SRRK’s stock has seen a -3.51% decrease for the week, with a 53.62% rise in the past month and a 419.26% gain in the past quarter. The volatility ratio for the week is 6.76%, and the volatility levels for the past 30 days are at 7.24% for Scholar Rock Holding Corp The simple moving average for the last 20 days is 14.22% for SRRK’s stock, with a simple moving average of 158.58% for the last 200 days.
Analysts’ Opinion of SRRK
Many brokerage firms have already submitted their reports for SRRK stocks, with H.C. Wainwright repeating the rating for SRRK by listing it as a “Buy.” The predicted price for SRRK in the upcoming period, according to H.C. Wainwright is $50 based on the research report published on November 26, 2024 of the current year 2024.
H.C. Wainwright, on the other hand, stated in their research note that they expect to see SRRK reach a price target of $35, previously predicting the price at $30. The rating they have provided for SRRK stocks is “Buy” according to the report published on October 07th, 2024.
Raymond James gave a rating of “Strong Buy” to SRRK, setting the target price at $30 in the report published on March 28th of the current year.
SRRK Trading at 32.96% from the 50-Day Moving Average
After a stumble in the market that brought SRRK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.93% of loss for the given period.
Volatility was left at 7.24%, however, over the last 30 days, the volatility rate increased by 6.76%, as shares surge +52.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +495.05% upper at present.
During the last 5 trading sessions, SRRK fell by -3.49%, which changed the moving average for the period of 200-days by +171.42% in comparison to the 20-day moving average, which settled at $36.82. In addition, Scholar Rock Holding Corp saw 123.72% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SRRK starting from Invus Public Equities, L.P., who sale 1,600,000 shares at the price of $41.65 back on Dec 10 ’24. After this action, Invus Public Equities, L.P. now owns 9,250,005 shares of Scholar Rock Holding Corp, valued at $66,640,000 using the latest closing price.
Invus Public Equities, L.P., the 10% Owner of Scholar Rock Holding Corp, sale 409,433 shares at $38.49 during a trade that took place back on Nov 25 ’24, which means that Invus Public Equities, L.P. is holding 10,850,005 shares at $15,757,639 based on the most recent closing price.
Stock Fundamentals for SRRK
Current profitability levels for the company are sitting at:
- -19.79 for the present operating margin
- 0.85 for the gross margin
The net margin for Scholar Rock Holding Corp stands at -19.38. The total capital return value is set at -1.65. Equity return is now at value -183.07, with -105.14 for asset returns.
Based on Scholar Rock Holding Corp (SRRK), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at -3.77.
Currently, EBITDA for the company is -168.45 million with net debt to EBITDA at 0.04. When we switch over and look at the enterprise to sales, we see a ratio of 339.58. The receivables turnover for the company is 10.41for trailing twelve months and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.88.
Conclusion
In summary, Scholar Rock Holding Corp (SRRK) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
