Stoke Therapeutics Inc (NASDAQ: STOK) is 23.57% higher on its value in year-to-date trading and has touched a low of $3.35 and a high of $14.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STOK stock was last observed hovering at around $6.30 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $6.50, the stock is -6.51% and 13.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 3.17% at the moment leaves the stock 7.06% off its SMA200. STOK registered -17.41% loss for a year compared to 6-month gain of 55.50%. The firm has a 50-day simple moving average (SMA 50) of $8.44 and a 200-day simple moving average (SMA200) of -$0.71.
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The stock witnessed a 9.43% loss in the last 1 month and extending the period to 3 months gives it a 25.97%, and is 6.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.72% over the week and 12.44% over the month.
Stoke Therapeutics Inc (STOK) has around 117 employees, a market worth around $290.22M and $9.25M in sales. Profit margin for the company is -1118.04%. Distance from 52-week low is 94.03% and -53.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.49%).
Stoke Therapeutics Inc quarterly earnings per share for the current quarter are estimated at -$0.63 with sales reaching $3.25M over the same period.The EPS is expected to shrink by -1.34% this year, but quarterly earnings will post -22.50% year-over-year. Quarterly sales are estimated to shrink -0.60% in year-over-year returns.
Stoke Therapeutics Inc (STOK) Top Institutional Holders
125 institutions hold shares in Stoke Therapeutics Inc (STOK), with institutional investors hold 107.42% of the company’s shares. The shares outstanding are 39.44M, and float is at 27.76M with Short Float at 13.56%. Institutions hold 101.64% of the Float.
The top institutional shareholder in the company is Skorpios Trust with over 14.44 million shares valued at $93.88 million. The investor’s holdings represent 32.35% of the STOK Shares outstanding. As of Dec 30, 2023, the second largest holder is RTW Investments LP with 4.13 million shares valued at $26.85 million to account for 9.25% of the shares outstanding. The other top investors are Cowen and Company, LLC which holds 3.72 million shares representing 8.33% and valued at over $24.19 million, while Morgan Stanley holds 7.55% of the shares totaling 3.37 million with a market value of $21.91 million.
Stoke Therapeutics Inc (STOK) Insider Activity
The most recent transaction is an insider sale by Kaye Edward M. MD,the company’sCEO. SEC filings show that Kaye Edward M. MD sold 11,150 shares of the company’s common stock on Mar 19 ’24 at a price of $6.10 per share for a total of $67999.0. Following the sale, the insider now owns 69350.0 shares.
Stoke Therapeutics Inc disclosed in a document filed with the SEC on Mar 19 ’24 that Ticho Barry (CHIEF MEDICAL OFFICER) sold a total of 4,116 shares of the company’s common stock. The trade occurred on Mar 19 ’24 and was made at $6.10 per share for $25102.0. Following the transaction, the insider now directly holds 11469.0 shares of the STOK stock.
Still, SEC filings show that on Mar 19 ’24, Tulipano Stephen J (CFO) disposed off 4,116 shares at an average price of $6.10 for $25102.0. The insider now directly holds 20,746 shares of Stoke Therapeutics Inc (STOK).
