Stoneridge Inc (NYSE: SRI) has seen a decline in its stock price by -7.28 in relation to its previous close of 5.91. However, the company has experienced a -0.54% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-12 that NOVI, Mich., Nov. 12, 2024 /PRNewswire/ — Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the Stephens Annual Investment Conference.
Is It Worth Investing in Stoneridge Inc (NYSE: SRI) Right Now?
Company’s 36-month beta value is 1.35.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SRI is 26.99M, and currently, short sellers hold a 0.69% ratio of that floaft. The average trading volume of SRI on January 23, 2025 was 350.18K shares.
SRI’s Market Performance
SRI’s stock has seen a -0.54% decrease for the week, with a -5.84% drop in the past month and a -44.31% fall in the past quarter. The volatility ratio for the week is 4.96%, and the volatility levels for the past 30 days are at 5.52% for Stoneridge Inc The simple moving average for the past 20 days is -6.55% for SRI’s stock, with a -54.66% simple moving average for the past 200 days.
Analysts’ Opinion of SRI
Barrington Research gave a rating of “Outperform” to SRI, setting the target price at $45 in the report published on March 02nd of the previous year.
SRI Trading at -13.35% from the 50-Day Moving Average
After a stumble in the market that brought SRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.66% of loss for the given period.
Volatility was left at 5.52%, however, over the last 30 days, the volatility rate increased by 4.96%, as shares sank -4.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.20% lower at present.
During the last 5 trading sessions, SRI fell by -0.54%, which changed the moving average for the period of 200-days by -68.51% in comparison to the 20-day moving average, which settled at $5.86. In addition, Stoneridge Inc saw -12.60% 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 SRI starting from Zizelman James, who purchase 6,500 shares at the price of $15.72 back on May 07 ’24. After this action, Zizelman James now owns 6,500 shares of Stoneridge Inc, valued at $102,180 using the latest closing price.
Kased Rajaey, the President Control Devices of Stoneridge Inc, sale 1,032 shares at $16.85 during a trade that took place back on Mar 08 ’24, which means that Kased Rajaey is holding 5,763 shares at $17,389 based on the most recent closing price.
Stock Fundamentals for SRI
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.2 for the gross margin
The net margin for Stoneridge Inc stands at -0.01. The total capital return value is set at 0.01. Equity return is now at value -2.71, with -1.10 for asset returns.
Based on Stoneridge Inc (SRI), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.75. The interest coverage ratio of the stock is 0.23.
Currently, EBITDA for the company is 45.06 million with net debt to EBITDA at 3.95. When we switch over and look at the enterprise to sales, we see a ratio of 0.33. The receivables turnover for the company is 5.8for trailing twelve months and the total asset turnover is 1.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.44.
Conclusion
In a nutshell, Stoneridge Inc (SRI) has experienced a bad performance in recent times. The stock has received mixed “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.
